31 May 18
31 May 18, London, UK — QiO has been identified by analyst firm Gartner, Inc. in the May 2018 Magic Quadrant for Industrial IoT Platforms.* This inaugural report offers a view of the Industrial Internet of Things (IIoT) market and vendor offerings.
To be considered for inclusion, QiO was evaluated for completeness of vision and ability to execute. QiO’s industrial IoT platform, called QiO Foresight Platform®, was assessed as part of the company’s evaluation.
“In our view, QiO’s inclusion in the Gartner Magic Quadrant for Industrial IoT Platforms is yet another confirmation that we are accomplishing our mission, which is to liberate industrial engineers,” said Baz Khuti, CEO of QiO. “We feel that it reflects QiO's innovative direction in the IIoT space of providing anticipatory intelligence in a world where data flows are increasing exponentially by the day. For our team, it also reflects our strong customer base and proven products.”
According to Gartner, “By 2020, on-premises Internet of Things (IoT) platforms coupled with edge computing will account for up to 60 percent of Industrial IoT (IIoT) analytics, up from less than 10 percent today.”
QiO Foresight Platform is a digital workbench that provides application assembly layer and data aggregation layer that is scalable, interoperable, secure and cloud-agnostic. QiO Foresight Platform inherently provides customers with dynamic digital twin technology called PARCS® (Performance, Availability, Reliability, Capacity and Serviceability) which is artificial intelligence infused to learn and grow from the deployment of QiO's Foresight applications.
For additional information on Gartner’s Magic Quadrant for Industrial IoT Platforms, read a complimentary copy of the full report here.
*Source: Gartner Inc., Magic Quadrant for Industrial IoT Platforms, Eric Goodness, Ted Friedman, Peter Havart-Simkin, Emil Berthelsen, Alfonso Velosa, Saniye Burcu Alaybeyi, Benoit J. Lheureux, May 10, 2018.
[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 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.]
QiO is a fast-growing global Industry 4.0 advanced analytics and artificial intelligence software company. QiO was founded in 2015 and has quickly attracted a marquee roster of clients in the Aerospace, Marine, Oil and Gas, and Manufacturing markets. Headquartered in the UK, QiO has offices in Germany, the United States, Canada, Singapore, and India. Learn more at qio.io.
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