New Data Management Requirements Drive Need for Modern Time-series Operational Historians According to Latest ARC Research
Industry: Information Technology
New ARC Advisory Group research on the Operational Historians/Industrial Data Platforms market reveals the amount and types of data available today is increasing thanks to the digital transformation of industry and infrastructure and the introduction of new sensors and other Internet of Things (IoT) devices on the plant floor and in the field.
Dedham, MA (PRUnderground) January 22nd, 2020
Not Your Father’s Operational Historians
Modern time-series operational historians are designed to efficiently store, manage, and help visualize the high volume and wide variety of data types generated in today’s industrial process plants. New ARC Advisory Group research on the Operational Historians/Industrial Data Platforms market reveals the amount and types of data available today is increasing thanks to the digital transformation of industry and infrastructure and the introduction of new sensors and other Internet of Things (IoT) devices on the plant floor and in the field. This has led to increased demand for a new generation of offerings and revived interest in different types of databases and data historians.
“Operational historians today must combine different types of time-series and other data and make those data easily accessible and visible across the enterprise to the right people at the right time and in the appropriate context,” according to Janice Abel, Principal Consultant at ARC Advisory Group and key author of ARC’s Operational Historians/Data Platforms Global Market Research 2018-2023 report.
“Today’s process or operational historian is more than just a purpose-built industrial data storage solution; it has adapted to newer IT technology and evolved into an industrial data platform that has new out-of-the box capabilities and applications for managing data. Typical applications include data aggregation, cleansing, visualization, auto deployment features, and business intelligence features. While most manufacturers have an operational historian, newer historians are better designed for scalability, reliability, accessibility, security and offer the ability to leverage the value of data,” added Abel.
About the Operational Historians/Data Platforms Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the operational historians/industrial data platforms market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, revenue category, deployment model, industry, data attribute, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.
About ARC Advisory Group
Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure, and cities. ARC stands apart due to our in-depth coverage of both operational technologies (OT) and engineering technologies (ET) and associated business trends. Our analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today. We provide our technology supplier clients with strategic market research, and help our end user clients develop appropriate adoption strategies and select the best technology solutions for their needs.