November 11, 2020, San Jose, CA — Innominds is recognized as a ‘Major Contender’ in the managed services and support services space within Industry 4.0 Services in the Everest Group’s “Industry 4.0 Services PEAK Matrix® Assessment 2020: The Transformational Leap in Cyber-physical Convergence”. The San Jose-headquartered AI-driven company is listed among the top 18 global engineering services vendors in Industry 4.0 services.
The report assesses the top engineering service providers associated with this field. It defines Industry 4.0 as a technology-intensive transformation of cyber and physical systems and their convergence, driven by Internet of Things (IoT), additive manufacturing, cloud computing, edge computing, analytics, robotics, cybersecurity, Artificial Intelligence (AI), and Machine Learning (ML).
Noting that engineering service providers are playing a critical role in accelerating enterprise adoption of Industry 4.0, the report takes a deep dive into the service portfolios and delivery capabilities, market impact, key strengths and areas of improvement of the 18 leading service providers.
Innominds as a Major Contender in the field of managed services and support services denotes that it has exhibited high year-over-year growth in this space and has meaningful capabilities to deliver Industry 4.0 services.
“Innominds is really proud to be recognized as a Major Contender in the space of managed services and support services for Industry 4.0 services. This is a milestone for Innominds and it shows that we have been recognized for our vision and capabilities and the market impact we can create,” says Sairam Vedam, CMO, Innominds.
Innominds has been noted as an ‘Aspirant’ in the other service functions such as design and consulting, development and verifi (V&V) of IoT systems, and deployment and SI and in the overall Industry 4.0 services. Everest Group categorizes ‘Aspirants’ as those providers who are at a relatively nascent/initial stage in terms of their Industry 4.0 service offerings. These players are primarily focused on one or two service functions and are expanding and building broader capabilities to enhance their presence in more service functions.
The report comes at a time when enterprise adoption of Industry 4.0 has gained significant momentum globally and especially in the COVID-19 pandemic. Businesses are increasingly seeing the benefits that Industry 4.0 services bring, including increased flexibility, visibility, quality, efficiency, and control—all of which are essential to build resiliency.
Innominds is an AI-first, platform-led digital transformation and full cycle product engineering services company headquartered in San Jose, CA. Innominds powers the Digital Next initiatives of global enterprises, software product companies, OEMs and ODMs with integrated expertise in devices & embedded engineering, software apps & product engineering, analytics & data engineering, quality engineering, and cloud & devops, security. It works with ISVs to build next-generation products, SaaSify, transform total experience, and add cognitive analytics to applications.