Digitalization and the IoT have enabled manufacturers to dramatically increase profitability by realizing unprecedented levels of production efficiency and flexibility, supply chain control, and worker safety. Fueled by the increasing maturity of analytics solutions and advances in cloud- and cognitive-computing, Industry 4.0 is forcing automation technology suppliers to adapt to manufacturers’ evolving product selection, deployment, and management requirements. VDC’s multi-decade coverage of key automation technology markets―including sensors, data acquisition solutions, control platforms, networking, and OT security― provides our clients with unparalleled insight into the changing needs of the global process and manufacturing markets.
ServiceNow’s announced acquisition of Armis marks a significant moment in the evolution of the OT and extended IoT (XIoT) cybersecurity market. While acquisitions of OT security specialists have become more common, this deal stands out for what it signals about enterprise cybersecurity priorities and the growing centrality of cyber-physical systems.
As IT, OT, and IoT systems converge, a new era of connected operations is taking shape. The Extended Internet of Things (XIoT) now links everything from factory floors and smart grids to medical devices and vehicles, driving unprecedented efficiency and innovation. But this connectivity also brings considerable risk.
As IT, OT, and IoT systems converge, a new era of connected operations is taking shape. The Extended Internet of Things (XIoT) now links everything from factory floors and smart grids to medical devices and vehicles, driving unprecedented efficiency and innovation. But this connectivity also brings considerable risk.
On Tuesday, September 9th, Nozomi Networks and Mitsubishi Electric Corporation announced they had signed a definitive agreement through which Mitsubishi Electric will acquire Nozomi Networks for $883 million. The all cash deal is expected to close later this year, contingent upon standard regulatory approvals.