New Research Report: The Third Industrial Revolution - Intelligent Devices, Software, and the Internet of Things

New Report - Sponsored by IDC and Flexera Software The new research report, "The Third Industrial Revolution: Intelligent Devices, Software, and the Internet of Things," prepared jointly by Flexera Software and IDC, provides unique insights into how the third industrial revolution sweeping the global economy is being fueled by device manufacturers - transforming their products, business models and revenue streams with intelligent and Internet-connected technology. Device makers are rolling out software-driven, Internet-connected devices and leveraging software licensing and entitlement management to increase revenues and profits. Among the report findings: The number of Internet of Things makers will more than double within two years Software-enabled intelligent devices continue strong growth New product/services categories are being created Software licensing/entitlement management is key to monetizing the Internet of Things Service revenue is on the rise "Hardware device makers are faced with a variety of challenges associated with thin margins, inflexible and costly supply chains, and limited revenue streams," said Amy Konary, Research Vice President - Software Licensing & Provisioning at IDC. "By transforming their business models via software, Internet connectivity and licensing capabilities, device makers can enter new markets, diversify and increase their revenue streams, improve margins, and differentiate from the competition. The survey data indicates that is exactly what is happening now." Resources Research Report The Third Industrial Revolution: Intelligent Devices, Software, and the Internet of Things Questions? Fill out our Contact Us form.