Service providers help enterprises build and
maintain IoT solutions amid a severe IT skills shortage, ISG
Provider Lens™ report says
German enterprise investment in the Internet of Things (IoT) is
rapidly growing as companies see the technology as a strategic
competitive advantage, according to a new research report published
today by Information Services Group (ISG) (Nasdaq: III), a leading
global technology research and advisory firm.
The 2022 ISG Provider Lens™ Internet of Things — Services and
Solutions report for Germany finds the adoption of IoT solutions in
Germany has increased significantly in the past three years as
enterprises seek to optimize business processes, expand product
offerings and improve customer experience.
“German companies understand that enterprise-wide IoT delivers
measurable added value,” said Christian Decker, partner and EMEA
lead, ISG Smart Manufacturing. “As technologies such as edge AI
improve, they have even more reason to build and expand IoT
solutions, especially as we see a greater convergence of IT and OT
[operational technology].”
AI capabilities at the edge of an IoT network, especially on
energy-efficient AI-optimized processors, allows data collected by
sensors to be processed without transmission to more central data
centers, the report says. ISG expects companies to expand the use
of AI in connected devices in the coming years to reduce the
latency and increase the scalability of IoT systems.
The growth of IoT continues despite major challenges, including
growing data security concerns, slow adoption of sustainability
initiatives and especially a lack of qualified personnel in
Germany, ISG says. German companies cite IoT as their steepest IT
challenge, because it extends beyond traditional IT systems and can
encompass components such as sensors, production equipment and
medical devices.
The shortage of skilled IT labor is leading many enterprises to
seek managed IoT services, because maintaining vast networks of
sensors and peripheral devices — often under varying security
standards — is nearly impossible for corporate IT departments.
“Managed services give companies the financial and operational
flexibility to carry out more comprehensive IoT projects,” said Jan
Erik Aase, partner and global leader, ISG Provider Lens
Research.
The report also explores a wide range of other issues around IoT
in Germany, including the importance of careful project planning,
proofs of concept and determining the legality of solutions that
handle image data.
The 2022 ISG Provider Lens™ Internet of Things — Services and
Solutions report for Germany evaluates the capabilities of 42
providers across five quadrants: Strategy Consulting,
Implementation and Integration, Managed Services, Mobile Asset
Tracking and Management, and Data Management and AI on the
Edge.
The report names Atos, Capgemini, Cognizant and Siemens as
Leaders in all five quadrants. It names IBM as a Leader in four
quadrants and Accenture and Bosch as Leaders in three quadrants
each. HCL and TCS are named as Leaders in two quadrants each, and
CANCOM, Deutsche Telekom, HPE, NTT, T-Systems and Vodafone are
named as Leaders in one quadrant each.
In addition, TCS is named as a Rising Star — a company with a
“promising portfolio” and “high future potential” by ISG’s
definition — in three quadrants. HPE is named as a Rising Star in
two quadrants.
The 2022 ISG Provider Lens™ Internet of Things — Services and
Solutions report for Germany is available to subscribers or for
one-time purchase on this webpage.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only
service provider evaluation of its kind to combine empirical,
data-driven research and market analysis with the real-world
experience and observations of ISG's global advisory team.
Enterprises will find a wealth of detailed data and market analysis
to help guide their selection of appropriate sourcing partners,
while ISG advisors use the reports to validate their own market
knowledge and make recommendations to ISG's enterprise clients. The
research currently covers providers offering their services
globally, across Europe, as well as in the U.S., Canada, Brazil,
the U.K., France, Benelux, Germany, Switzerland, the Nordics,
Australia and Singapore/Malaysia, with additional markets to be
added in the future. For more information about ISG Provider Lens
research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype
reports, offer a first-of-its-kind evaluation of providers from the
perspective of specific buyer types.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 800 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,300
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information, visit
www.isg-one.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220812005022/en/
Philipp Jaensch, ISG +49 151 730 365 76
philipp.jaensch@isg-one.com
Matthias Longo, Palmer Hargreaves for ISG +49 152 341 464 63
mlongo@palmerhargreaves.com
Information Services (NASDAQ:III)
Historical Stock Chart
From Feb 2024 to Mar 2024
Information Services (NASDAQ:III)
Historical Stock Chart
From Mar 2023 to Mar 2024