Analyst Report

Siemens sole Visionary in the 2021 Magic Quadrant™ for industrial IoT platforms

Gartner® named Siemens as the sole Visionary vendor in its 2021 Magic Quadrant for industrial IoT platforms. We believe Siemens is recognized for having a clear, forward-looking vision and helping to drive customers to new opportunities.

As industrial IoT solutions continue to advance and strongly support IT/OT integration, they are becoming an imperative for businesses. Leaders in industrial enterprises must help their companies select the right solutions by balancing their short- and long-term capabilities and potential.

Having the right software solution and applications is key to unlocking the data, capabilities, and insights of the industrial IoT to ultimately solve business challenges and drive opportunities. MindSphere gets you there.

How Siemens positioned as Visionary for industrial IoT platforms

In this report, analysts reveal:

  • The strengths and cautions of 18 vendors, including Siemens as the sole Visionary
  • How vendors are evaluated for their “ability to execute” and “completeness of vision”

Download the 2021 Gartner Magic Quadrant for Industrial IoT Platforms to read the complete analysis and learn how industrial IoT solutions are evaluated.

 

Gartner, Magic Quadrant for Industrial IoT Platforms, Alfonso Velosa, Ted Friedman, Katell Thielemann, Emil Berthelsen, Peter Havart-Simkin, Eric Goodness, Matthew Flatley, Lloyd Jones, Kevin Quinn, 18 October 2021

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER and MAGIC QUADRANT are registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

 

About MindSphere

MindSphere is Siemens’ industrial IoT as a service solution that enables you to collect, analyze and visualize machine data and discover actionable insights. It takes the analysis and insight development to a new level with the closed-loop digital twin, analytics at the edge, streaming analytics, and low-code development.

MindSphere brings the entire digital twin concept full circle. With the ability to collect live performance data during production and product use, users achieve a closed-loop digital twin that allows them to immediately update simulations and apply near-real time data to operations to improve production rates and product quality. As a hybrid cloud and edge solution, data can be continuously streamed, processed and analyzed at the edge for critical decision-making, or sent to the cloud for more robust analysis and storage. Uniquely, MindSphere offers scalable solutions, allowing companies to get started quickly while tailoring their IoT projects to their specific business needs by using ready-made applications, or by building or enhancing their own applications.

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Gartner® named Siemens as the sole Visionary vendor in its 2021 Magic Quadrant for industrial IoT platforms. We believe Siemens is recognized for having a clear, forward-looking vision and helping to drive customers to new opportunities.

As industrial IoT solutions continue to advance and strongly support IT/OT integration, they are becoming an imperative for businesses. Leaders in industrial enterprises must help their companies select the right solutions by balancing their short- and long-term capabilities and potential.

Having the right software solution and applications is key to unlocking the data, capabilities, and insights of the industrial IoT to ultimately solve business challenges and drive opportunities. MindSphere gets you there.

How Siemens positioned as Visionary for industrial IoT platforms

In this report, analysts reveal:

  • The strengths and cautions of 18 vendors, including Siemens as the sole Visionary
  • How vendors are evaluated for their “ability to execute” and “completeness of vision”

Download the 2021 Gartner Magic Quadrant for Industrial IoT Platforms to read the complete analysis and learn how industrial IoT solutions are evaluated.

 

Gartner, Magic Quadrant for Industrial IoT Platforms, Alfonso Velosa, Ted Friedman, Katell Thielemann, Emil Berthelsen, Peter Havart-Simkin, Eric Goodness, Matthew Flatley, Lloyd Jones, Kevin Quinn, 18 October 2021

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER and MAGIC QUADRANT are registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

 

About MindSphere

MindSphere is Siemens’ industrial IoT as a service solution that enables you to collect, analyze and visualize machine data and discover actionable insights. It takes the analysis and insight development to a new level with the closed-loop digital twin, analytics at the edge, streaming analytics, and low-code development.

MindSphere brings the entire digital twin concept full circle. With the ability to collect live performance data during production and product use, users achieve a closed-loop digital twin that allows them to immediately update simulations and apply near-real time data to operations to improve production rates and product quality. As a hybrid cloud and edge solution, data can be continuously streamed, processed and analyzed at the edge for critical decision-making, or sent to the cloud for more robust analysis and storage. Uniquely, MindSphere offers scalable solutions, allowing companies to get started quickly while tailoring their IoT projects to their specific business needs by using ready-made applications, or by building or enhancing their own applications.