Cisco Blogs / Industrial IoT / New Omdia report offers first of its kind analysis of the industrial edge
New omdia report offers first of its kind analysis of the industrial edge, keith higgins.
“They’re too one-dimensional.” That’s probably the one common critique I hear from customers regarding most market share reports. They typically cover one product, not solutions. Ideally, customers would like to see a wider lens view that measures vendor market share of more complete solutions.
That’s one of the reasons I find the new Omdia report so compelling. It measures vendors’ market share inclusive of the entire industrial edge – switching, routing and wireless – creating a unique and comprehensive assessment of the IIoT landscape .
For reference, Omdia was formed in 2020 following the merger of IHS Markit, Tractica, Ovum and Heavy Reading. Omdia reaches over four million technology decision makers, influencers and practitioners and has specialist research practices focusing on Enterprise IT, AI, Internet of Things, Communications Service Providers, Cybersecurity, Components & Devices, Media & Entertainment and Government & Manufacturing.
Omdia’s latest report, “Industrial Edge Networking Components – 2024 Analysis” provides a detailed analysis of this $4.3B market, covering over 25 countries and 19 industries. Here are a few of the highlights.
Not surprisingly, the report highlights digital transformation as a core driver of the market. According to Omdia, “over 70% of companies have deployed digital projects, with the remainder in proof-of-concept stages. The need to increase productivity and improve energy management and costs are top objectives.”
Global labor shortages continue to plague the market, and customers continue to invest in more automation. The report states “The push for more automation, as well as more monitoring—for applications such as predictive maintenance, remote monitoring, and repair—all drive an increase in industrial networks.” This was consistent with Cisco’s recent 2024 State of Industrial Networking Report that cited shortage of skilled workers as the number one external obstacle to growth.
The report also cited sustainability as a secondary benefit to digitalization and mentions the growing amount of government funding in this important area.
OT cybersecurity continues to be a major concern globally, as a high growth in connected legacy devices and lack of comprehensive cyber protection has created significant new attack vulnerabilities. This has not gone unnoticed by hackers, with the volume and value of ransomware attacks soaring in recent years. According to Omdia’s Security Breaches Tracker 1Q24, breaches increased by over 30% from 2022 to 2023. Cybersecurity risks were the top customer concern and the top barrier to growth in the 2024 State of Industrial Networking Report.
The report also points to the growth in managed switches being driven by the need to improve network security. It stated specifically that cybersecurity regulations “may result in shorter lifespans for some equipment as devices may not be able to keep up with the level of change more common in IT and consumer products.” Many operational networks are ensuring full understanding and visibility of what’s connected as a first step to discovering vulnerabilities and improving cyber protection.
Recently, the analyst firm Forrester released a report on OT security, titled “ The Forrester Wave: Operational Technology Security Solutions, Q2 2024. ” The report delves deep into OT security demands and includes vendor rankings
Cisco’s 2023 market share in the Industrial Edge surged 7% from 2022 to 26%. 10% higher than the next closest competitor. (See Figure 1) Shameless, I know, but it’s Omdia’s findings. What I would say, and what we hear more and more from customers, is that along with great core switching, routing and wireless products, there are additional critical requirements that Cisco delivers in its solutions approach. Namely embedded cyber security protection, advanced remote access capabilities with tools to accelerate IT/OT convergence, and an AI-ready foundation.
In addition, most companies highly value our Cisco Validated Designs. This library of over 80 different technical blueprints and architectures are tested and proven across a number of industries, including a wide range of ecosystem partners . Please visit our CVD library to see what we’ve done for your industry.
Organizations globally are increasing investments in operational networks to improve cybersecurity, standardize and simplify operations, and build a foundation for AI. This report provides a unique lens of how companies are selecting their strategic partners today, across routing, switching and wireless, and with a mind towards security, automation, and AI. Cisco is the market leader in both enterprise and industrial networking, and we look forward to working with you to help you navigate today’s complex operational landscape.
At Cisco, we continue to take a customer-first approach to our products, services, and support. We’re humbled and energized by this recognition and appreciate the trust our customers and partners place in us. For more information about our products or services, or to schedule a call with our customer team, please contact us .
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An abstract is a concise summary that helps readers to quickly assess the content and direction of your paper. It should be brief, written in a single paragraph and cover: the scope and purpose of your report; an overview of methodology; a summary of the main findings or results; principal conclusions or significance of the findings; and recommendations made.
What are the implications of the findings? The research report contains four main areas: Introduction - What is the issue? What is known? What is not known? What are you trying to find out? This sections ends with the purpose and specific aims of the study. Methods - The recipe for the study. If someone wanted to perform the same study ...
There are five MAJOR parts of a Research Report: 1. Introduction 2. Review of Literature 3. Methods 4. Results 5. Discussion. As a general guide, the Introduction, Review of Literature, and Methods should be about 1/3 of your paper, Discussion 1/3, then Results 1/3. Section 1: Cover Sheet (APA format cover sheet) optional, if required.
Use the section headings (outlined above) to assist with your rough plan. Write a thesis statement that clarifies the overall purpose of your report. Jot down anything you already know about the topic in the relevant sections. 3 Do the Research. Steps 1 and 2 will guide your research for this report.
Research designs falls into one of two broad categories: qualitative research designs, and quantitative research designs. Qualitative research designs focus on things in their natural settings, and seek in-depth understanding of underlying meanings-the why-of social phenomena. smaller group or sample to a larger population.
Components of Research Report. Components of Research Report are as follows: Introduction. The introduction sets the stage for the research report and provides a brief overview of the research question or problem being investigated. It should include a clear statement of the purpose of the study and its significance or relevance to the field of ...
Standard Research Report Components. Scientific and technical research reports generally follow a conventional format that includes a title, an abstract, a reference (or Literature Cited) section and the components of the IMRAD structure: ... poses questions or research problems and outlines your main research focus. introduces your work: the ...
conducted, how it was conducted, and what the major results and conclusions were. References are typically not cited in the Abstract, since the reader expects a more full discussion in the body of the article. Introduction . Every scientific report needs an introduction, though it is sometimes broken down into different components.
Reports of research studies usually follow the IMRAD format. IMRAD (Introduction, Methods, Results, [and] Discussion) is a mnemonic for the major components of a scientific paper. These elements are included in the overall structure outlined below.
If the assignment is a 2000-word essay, the introduction should be between 160 and 200 words, while a 3500-word report should be between 290 and 350 words. There is no absolute rule for the length. Be as reasonable about it as you can. The introduction contains the relevant background of the problem.
Definition: Research Paper is a written document that presents the author's original research, analysis, and interpretation of a specific topic or issue. It is typically based on Empirical Evidence, and may involve qualitative or quantitative research methods, or a combination of both. The purpose of a research paper is to contribute new ...
A complete research paper in APA style that is reporting on experimental research will typically contain a Title page, Abstract, Introduction, Methods, Results, Discussion, and References sections. 1 Many will also contain Figures and Tables and some will have an Appendix or Appendices. These sections are detailed as follows (for a more in ...
In any form of written communication, content structure plays a vital role in facilitating understanding. A well-structured research paper provides a framework that guides readers through the content, ensuring they grasp the main points efficiently. Without a clear structure, readers may become lost or confused, leading to a loss of interest ...
Research Reports: Definition and How to Write Them
The 'research summary, conclusions, limitations, and recommendations' focuses on four related aspects of a research report. First, it provides for the outputs of research by summarising its ...
A report can be distinguished from other forms of mainstream/traditional academic research such as the discussion paper, working paper and journal article. For example, the main differences between a report and an essay or academic/research narrative are that the essay format can be at the discretion of the author, but the report has a formal ...
The Structure of an Academic Paper
How to Write an Effective Research REport
In a research report th ese components are arranged succ essively in the body. sections consisting of introduction, literature review, method, results, discussion, and. conclusion. In addition t o ...
Literature Review. This key component of the research proposal is the most time-consuming aspect in the preparation of your research proposal. As described in Chapter 5, the literature review provides the background to your study and demonstrates the significance of the proposed research.Specifically, it is a review and synthesis of prior research that is related to the problem you are setting ...
Components of a Research Report The six components of a research report are as follows: An abstract, introduction, methodology, results, discussion, and references. The Abstract The abstract is an overview of the research study and is typically two to four paragraphs in length. Think of it as an executive summary that distills the key elements ...
INTRODUCTION. Creativity and critical thinking are of particular importance in scientific research. Basically, research is original investigation undertaken to gain knowledge and understand concepts in major subject areas of specialization, and includes the generation of ideas and information leading to new or substantially improved scientific insights with relevance to the needs of society.
The preliminary part may have seven major components - cover, title, preface, acknowledgement, table of contents, list of tables, list of graphs. Long reports presented in book form have a cover made up of a card sheet. The cover contains title of the research report, the authority to whom the report is submitted, name of the author, etc.
Cybersecurity has become a major concern. OT cybersecurity continues to be a major concern globally, as a high growth in connected legacy devices and lack of comprehensive cyber protection has created significant new attack vulnerabilities. This has not gone unnoticed by hackers, with the volume and value of ransomware attacks soaring in recent ...