Siemens: Recognized as an Industrial IoT Platforms and Applications Leader by IDC MarketScape

In today’s rapidly evolving digital landscape, businesses leverage industrial IoT (IIoT) solutions to address complex operational challenges, optimize processes and drive innovation. Industry analysts like IDC play a crucial role in evaluating and recognizing the technology providers that truly make a difference. Recently, Siemens was named as a Leader in the IDC MarketScape: Worldwide Industrial IoT Platforms and Applications 2024 Vendor Assessment (doc #US52036924, December 2024).

Adding to this recognition, Siemens was also recently named as a Leader in IDC MarketScape: Worldwide Manufacturing Execution Systems (MES) 2024-2025 Vendor Assessment (doc #US51813624, November 2024). Together, Siemens Insights Hub and Opcenter deliver exceptional capabilities, combining asset and process data to provide contextualized insights for decision-making in production. This unique integration drives the next level of actionable insights for data-driven manufacturing, offering further distinction through connections with Siemens’ broader digital manufacturing portfolio, including Production Scheduling and Quality Management.

IDC MarketScape’s assessment criteria for industrial IoT platforms

This IDC MarketScape assessed vendors’ capabilities in three areas: the offering and offering portfolio, the go-to-market and innovation strategy, and the business model itself. To qualify for this study, vendors had to provide:

• A commercially available software platform that can help build and deploy IoT applications and manage IoT devices
• Native support for industrial protocols within the platform, offering open platform communications (OPC) at a minimum
• Edge application frameworks and runtimes and cloud development capabilities
• Analytics tools, including dashboards and advanced analytics (ML/AI)
• Security capabilities within the platform architecture
• Tools to create a “thing model” (This model abstracts raw sensor data into a hierarchical semantic model and presents it as a “thing” to an application.)
• API access to IoT data
• Commercially available IoT applications

Siemens: A Leader

In the assessment, Siemens was recognized for the following strengths:

“The Insights Hub platform seamlessly integrates data from multiple sources such as IoT devices, enterprise systems, and external databases, bringing benefits and value to all partners in the ecosystem. With Insights Hub supporting the DMAIC methodology of continuous improvement of operations, organizations can experience the growing value of data.”

“Companies that need a comprehensive solution that requires a unified and secure data platform while providing deep industry functionalities across multiple locations and facilities should consider partnering with Siemens.”

This recognition from the IDC MarketScape underscores Siemens’ leadership across multiple domains.

Why recognition matters

We believe the IDC MarketScape’s recognition of Siemens in the industrial IoT platforms and applications assessment highlights its role as a trusted partner in industrial digital transformation. By seamlessly integrating IoT and manufacturing solutions, Siemens provides businesses with a secure, scalable foundation for operational excellence. For organizations seeking innovative platforms to unlock the power of IoT and enhance production efficiency, Siemens Insights Hub represents the future of industrial innovation.

We believe being recognized by the IDC MarketScape as a Leader in both industrial IoT platforms and applications and manufacturing execution systems is an incredible honor. We further believe these achievements highlight our commitment to providing forward-thinking solutions that empower our customers to unlock actionable insights from their operational data, continuously improve production operations, and achieve their digital transformation goals. Together, Insights Hub and Opcenter deliver outstanding value, driving the next generation of data-driven manufacturing.”

-Dr. Ralf M. Wagner, senior vice president, Insights Hub

Learn more

Click here to discover how Siemens Insights Hub is shaping the future of industrial IoT and data-driven manufacturing.