Changes in business needs:

Real-time demand: The company pays more attention to real-time data analysis and decision-making, and puts forward higher requirements for the real-time performance of big data platforms, accounting for between 20% and 30% of the overall demand;

Data fusion: To accelerate data fusion and cross-domain application, enterprises need to integrate industrial big data with data in other fields to achieve a wider range of data applications and value mining;

Data security: With the continuous improvement of data security and privacy protection regulations, companies will put higher requirements on data security and privacy protection capabilities.

LD800HSE Emerging directions noted by IDC:

Industry and financial integration, open up the process data of production, sales and storage, and efficient integration with financial data, so as to open up the three main processes of the enterprise – business process, financial accounting process, management process. In this process, the supply chain system, enterprise manufacturing system, order management system, warehouse management system, fixed asset management system and other business systems provide a large amount of process data. After integration with financial data, financial management can be moved forward, and the post-supervision can be changed to the pre-event control, and the management can check the business and financial data at any time to improve the decision-making efficiency.

LD800HSE

This IDC PeerScape report shows the cutting-edge practice cases of industrial enterprises in different fields and development stages in the construction of data management analysis platforms, showing how IT technology can solve enterprise problems and help more enterprises establish a construction path in line with their own development characteristics. A manufacturing enterprise, Kunlun Digital Intelligence, a construction machinery manufacturer, AVIC Elevator, Lichun Precision, and Advantech were selected as leaders in the construction of data management analysis platforms in the industrial field, and the corresponding technical partners were Buro Data, Dipu Technology, Tencent Cloud, Star Ring Technology, Hande Information and Denodo.

LD800HSE Analyst view

Li Haoran, senior analyst of IDC China Emerging Technology Research Group, said that in 2024, energy, industry and other industries show a high market growth space, especially the digital transformation and digital infrastructure upgrade needs brought by large central state-owned enterprises, which is also the focus of various technology suppliers. In addition, manufacturers with product characteristics or partnerships are also trying to penetrate into intelligent vehicles, manufacturing and other industries. Products with real-time, visualization, generative AI, and Data Fabric advantages will gain more market favor. However, considering the complexity and authority restrictions of industrial scenarios, manufacturers also need to make expectations and forward-looking preparations for data partitioning and tiered storage, efficient data flow, and data capitalization.