While manufacturing has traditionally depended on software technologies like manufacturing execution systems and enterprise resource planning to keep materials inventory in lockstep with customer orders, innovations around the Internet of Things, analytics and machine learning, and cloud and ubiquitous connectivity are maturing to the stage where we may be seeing the emergence of the long-heralded smart manufacturing revolution.

According to IoT Analytics, for the first time, the average manufacturer will spend more on industrial software than on industrial automation hardware (OT hardware). Are we at the beginnings of software-defined manufacturing?

In today’s PodChats for FutureIoT, Matthieu Kulezak (kiulzak), market research analyst at IoT Analytics offers an update on how IoT is helping the digital transformation of manufacturing.

1.                   What is IoT software?

2.                   Looking back from pre-pandemic to this period (mid-August 2022), how have things changed when it comes to IoT software?

3.                   In the period of accelerating digital transformation, which areas of IoT software have gained in importance?

4.                   Which software trends are helping in terms of IoT software adoption and development?

5.                   What needs to happen for organisations in manufacturing for us to see greater integration of IoT software in industrial settings?