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Excellence in IoT: Aricent among the leading players in Zinnov Zones IoT Technology Services Aricent’s strong record of accomplishment in innovation and design recognized in IoT market worth $140 billion Santa Clara, California - August 16, 2017 - Aricent, a global design and engineering company, today announced that for the second year running, the company has been recognized among the leading players in the IoT market by Zinnov. The Zinnov Zones 2017 IoT Technology Services report classed Aricent in the leadership zone in five major industry categories that underline the company’s rich heritage in innovation and design. The categories are Advisory & Consulting, Product Engineering, Platform & Application, Communications and Sensors & Devices. Recognizing Aricent’s strong performance across multiple IoT verticals, Zinnov placed the company in the execution zone in four major industry categories: System Integration, Managed Services, Big Data Management and Analytics Services. Aricent’s prominent position in IoT is a testament to its strong track record of working with the world’s leading brands to create and innovate solutions that have generated billions in revenues. Aricent’s IoT focus has been towards acceleration of product re-invention, digitization and smart services for focus industries through a unique Design-Integrated Engineering approach that brings together deep expertise across service lines and technology expertise in artificial intelligence, machine learning, security, data science and more. The IoT market is growing at a phenomenal rate. Zinnov research found that enterprises globally have spent $140 billion on IoT technology products and services. Zinnov forecasts the global IoT market will post an average 18% compounded annual growth rate, reaching $322 billion in 2022. For additional details, please visit https://www.slideshare.net/zinnov/zinnov-zones-for-iot-services Frank Kern, Aricent CEO said, “Our R&D investments and deep understanding of IoT have helped us maintain our position as a market leader. Aricent delivers value and expertise to clients at every step of their IoT journey, from ideation to design and development to product realization.” Frank added, “Clients value our innovation model combining frog's design and Aricent's engineering DNA. Our robust frameworks help our customers secure and monetize IoT solutions and develop meaningful relationships with their customers to build stronger IoT ecosystems. This level of commitment and dedication makes Aricent a leader in the IoT market.” Earlier this year in its Product Engineering Services (PES) report, Zinnov recognized Aricent as an established and expansive PES player in five industries: automotive, enterprise software, industrial automation, semiconductors and telecommunications. “Aricent’s strong performance has continued to impress us, ” said Sidhant Rastogi, Partner & Practice head, Zinnov. “We examined the key fundamentals that build a strong IoT foundation, assessed the strength of the IoT services offered, the expertise, the client base and business models and found Aricent among the leading players. By successfully leveraging the capabilities of the frog team, Aricent has developed innovative solutions for customers that deliver real value. That is what differentiates Aricent and makes the company a valuable IoT partner.” |
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