SPS Fair 2024: The Latest Industrial Automation Trends

A 56-page PDF presenting a comprehensive summary of the key highlights and in-depth insights assembled by the IoT Analytics analyst team at SPS fair 2024.

About the report

The "SPS Fair 2024: The Latest Industrial Automation Trends" report is a comprehensive summary of the key highlights from SPS fair 2024-including a comparison of 5 prominent industrial automation OEMs offering Edge AI, an analysis of the expansion into Europe of 9 Chinese hardware vendors, and 14 in-depth insights-assembled by the IoT Analytics analyst team. These insights are based on >75 booth visits, >50 individual interviews, and attendance at several presentations. 3 analysts were present for a total of 3 days.

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The main purpose of this document is to help our readers stay abreast of the newest trends in industrial automation and stay ahead of the evolving market landscape.

All discussed insights are centered around topics related to Industrial IoT/Industry 4.0.

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About SPS 2024

The SPS is a coveted industrial exhibition encompassing a broad spectrum of digital and smart automation solutions. In 2024, the event went beyond traditional automation areas like control, drive, and sensor technology and brought software, IT, and AI to center stage. The exhibition maintained the same 16 halls as the previous year to accommodate the largest influx of visitors since the pandemic.

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The report includes:

• Summary & key highlights (general impressions, exhibitor sentiment, key topics/themes at SPS 2024)
• Key announcements & launches (Beckhoff, Microsoft, Nvidia, OPC Foundation, Rockwell Automation, SICK, Schneider Electric, Siemens, Thyssenkrupp, and more)
• Comparison of 5 prominent industrial automation OEMs offering Edge AI (Advantech, Beckhoff, Eurotech, Schneider Electric, Siemens)
• Analysis of the expansion into Europe of 9 Chinese hardware vendors (Cotrust, Flexem, Googoltech, INVT, Inovance, Kinco, Triomotion, Veichi, Wecon)
• 14 in-depth insights (with examples/proof-points and interview highlights)
• Industrial software & data insights (IT DevOps best practices, MTP industrial DataOps, IT and Ot integration)
• Edge insights (enhanced edge solutions, virtual PLCs, IPCs, IoT gateways)
• AI and generative AI insights (industrial GenAI for PLC engineering, industrial AI for maintenance, micro-edge AI)
• Connectivity insights (LPWAN, 5G IoT devices, 5G gateways)
• Other insights (ecosystem partnerships, security enhancements)
• Appendix