Industry Cloud Platforms (ICP) represent a significant evolution in the implementation of technology solutions for specific companies in a particular industry. Unlike generic cloud platforms, ICPs are designed to address the particular challenges and requirements of a specific industry such as logistics, retail or agriculture. To do so, they provide a full range of cloud services ranging from specialized applications to scalable infrastructures.
To reach their full potential, industrial clouds will need to evolve into what we might call ecosystem clouds. Companies wishing to leverage these ecosystems can engage in shared (business) processes, such as procurement, distribution, payment processing, and perhaps even R&D and innovation. Now, to capture this value, enterprise use of industrial cloud platforms requires a variety of stakeholder groups, both in IT and in the line of business, to make use of them.
- Industry adaptability: Designed to meet the unique needs of an industry, PKIs are designed with each sector's unique business processes, regulatory challenges and market trends in mind. - Specialized services: Industry cloud platforms offer specialized services that are critical to the operation of companies in a specific industry. These include data analytics tools, specific security solutions and customized business applications. - Regulatory compliance: As different industries are subject to specific regulations, PKIs are designed to ensure regulatory compliance within a specific scope. This helps companies effectively manage the legal and regulatory issues associated with their operations. - Scalability and flexibility: Like conventional cloud platforms, PKIs offer scalability and flexibility as advantages. This allows companies to adapt to changes in demand, integrate new technologies and expand their operations efficiently.
By 2027, more than 50% of enterprises will use industrial cloud platforms to accelerate business initiatives.