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ABB: The Consensus About the IIoT Platforms Is Wrong
An IIoT platform is not an intrinsically valuable piece of technology, argues an ABB exec.
1 Min Read
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“Right now, the IIoT platform market is a zero billion dollar market,” quips Sean Parham, corporate vice president of product management at ABB Ability. “I’ve heard others use that line. It’s not like I came up with it,” Parham said. But with some 450 industrial IoT platforms in the marketplace according to ABB’s reckoning, few appear to be profitable. “There’s a whole lot going on, but people aren't making direct money off of direct platform sales,” Parham said.
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