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Home Technology Cloud and Platforms

The US$225 billion manufacturing opportunity is in the cloud

FutureIoT Editors by FutureIoT Editors
September 19, 2024
Photo by Helena Lopes: https://www.pexels.com/photo/man-discussing-a-plan-the-design-for-the-furniture-3688760/

Photo by Helena Lopes: https://www.pexels.com/photo/man-discussing-a-plan-the-design-for-the-furniture-3688760/

ABI Research has launched its Next-Gen Hybrid Cloud Solutions research service, targeting a significant $225 billion opportunity in the manufacturing sector for cloud data management providers. With the growing adoption of artificial intelligence (AI), machine learning (ML), and generative AI, the demand for effective data management solutions is surging. However, manufacturers often grapple with challenges related to data quality and availability, creating a significant gap that cloud providers can leverage.

The new research service aims to assist cloud providers in seamlessly integrating public, private, on-premises, and edge environments. Yih-Khai Wong, an analyst at ABI Research, states, “Hybrid cloud will become the default environment, breaking down silos for more ubiquitous integration.” This integration is essential for addressing complex technology challenges and unlocking new applications and use cases.

“Cloud hyperscalers and technology solution providers are looking to deliver value by bridging and solving the challenges of customers needing to integrate and unify complex technology environments, enabling a seamless transition between public, private, on-premises, and edge environments, and enabling the next wave of applications and use cases.” Yih-Khai Wong

Wong further emphasizes the strategic importance of this initiative: “We aim to be the bridge that connects manufacturers with hybrid cloud solution providers, driving successful technology implementations.” By focusing on hybrid cloud solutions, ABI Research positions itself as a vital connector in a rapidly evolving digital landscape.

As cloud hyperscalers and technology solution providers seek to unify complex environments, the research service stands to play a pivotal role in shaping the future of data management in manufacturing. With proven strategies to attract and retain customers, this initiative not only addresses current market demands but also prepares both manufacturers and providers for future innovations in an increasingly data-driven world.

Related:  AI answers the need for explainability on the factory floor
Tags: ABI ResearchArtificial Intelligencehybrid cloudmachine learning
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The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

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