Everything from phones, cars, factories, roads, and even cities are getting on board with the digital and smart trend. Smart manufacturing is an entry to digital transformation. Connected devices open new prospects of visibility into processes. Data analytics make decision making better and faster, while seamless connectivity urges new collaboration. This is all possible owing to “Connected Enterprise”. It merges enterprise networks and plant levels, and safely connects processes, people, and technologies.
The Connected Enterprise Framework for Digital Transformation
US-based Jacobs Engineering Group Inc. unveiled its connected enterprises, “Jacobs Connected Enterprise (JEC)” in January 2017. It is a suite of integrated solutions and capabilities to allow digital transformation. It enables clients to examine, connect, and protect operational data and systems. It covers several core functional categories such as cloud, cyber security, data analytics, Information technology (IT), Industrial Internet of Things (IIoT), and network infrastructure. In addition, the company also announced its investment in new software platform (ION) and connected intellectual property assets acquired from Apprion, Inc., ION is an integral component offering within Jacobs Connected Enterprise.
JEC protects and secures data and leverages the national security grade cyber security services, and analyzes the data to bring business insight and allow machine to machine interfaces and control. As the digital transformation increases, more industrial systems are connected and boundaries between operational technology (OT) systems and IT diminish.
Market Overview
According to a new study by Grand View Research Inc., the connected enterprise market is expected to reach USD 1.94 trillion by 2025. Current trends drifting towards digital technology to switch their business operations, improve customer experience, and improve quick response to the upcoming opportunities is predicted to drive the market over the coming years.
Competitive Insight
IBM Corporation, Honeywell International Inc, Rockwell Automation, Inc., and Microsoft Corporation are some of the key market players.
In-Depth research report on connected enterprise market:
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