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The Dilemma And Inflection Point of Industrial Internet
Release Time:2022/7/8 Number Of Clicks:410

Did the development of the industrial Internet have reached an inflection point? 

The emergence of this problem is closely related to the market, with 8-years of development of  the industrial Internet, the people who work in the industry hope that the development  has reached a new level, which is, the real inflection point. Only in this way can we bring practical hope for the whole industry and practitioners.


The current industrial Internet market pattern:

1. Development for many years, the market demand is still limited, the future development is unlimited:

Some professional institutions predict that the industrial Internet market reached a trillion scale, in fact, if we look into the market composition of the industrial Internet, we can find the industrial Internet related market scale is limited. According to the components of the industrial Internet, industrial Internet including industrial software, industrial automation, network, hardware equipment, etc., the so-called industrial Internet market and many traditional intelligent manufacturing market is overlapping, that is to say, the original market already exists, so essentially is not a real industrial Internet market. As our current hot industrial Internet platform, is a kind of platform level of industrial software, if put aside other not main industrial Internet business, only platform this a market space, so far growth should be limited, that is to say, industrial Internet development for many years, the market for the industrial Internet core platform demand of business growth is limited, far from reaching the inflection point.

2. Red Oceans and Blue Oceans: Application driven and innovation driven

For industrial Internet enterprises, if they do not make good products, cannot create differentiation, they will become reduced to enter the Red Sea market and traditional enterprises to compete, in this way, the advantages cannot be reflected, will gradually marginalized. If you can make a good product, you will create a differentiation advantage, build innovative applications that can obtain customer recognition. On the one hand, even into the red sea market, also can win the initiative in the red sea market, on the other hand, you can lead the industry new demand, create new ecological, constantly create, mining and lead the industry new demand, eventually bring big market outbreak and growth.

Turning point looming: multiple upsides under the dilemma


In fact, there are still many difficulties for us to solve, these difficulties restrict the development of industrial Internet enterprises, and also hinder the development of the industry to a certain extent:

1. Industrial Internet platform has not yet become a necessity, enterprises rely on insufficient. 

Industrial Internet must break through the current setting of good products. Only by meeting the actual demands of customers, especially those of mainstream customers, can we make products a necessity, such as automation and industrial software. Only in this way can we finally bring practical value and win-win results.

2. There are many Industrial Internet supply-side enterprises need to be clearly combed and positioned.

At present, there are many industrial Internet service providers, leading to serious homogenization problems. Some enterprises are keen to do everything, but many enterprises are not fine, and the result is that the needs of the service enterprises have not been met. We should sort out the advantages of each service enterprise, advantage integration, clear positioning, so as to bring the great development of the whole industry.

3. New business forms and new models of the industrial Internet have not yet been truly developed on a large scale, and the long-term value remains to be seen.

We empower the digital transformation of batch enterprises with the model of building industrial brain, industrial platform and park platform, but at present, the scale effect is not obvious, or it only solves the lightweight needs without depth empowerment.

4. Industry focus and depth is insufficient, the depth and breadth of development is not enough, it is difficult to widely empower.

At present, the industrial Internet is still difficult to go to the depths of the process, even more difficult to precipitate the ability of the process to the platform, replication and promotion, this aspect still needs a long way to go.

5. Industrial Internet product standards, models and forms have not yet really formed, need to be combined with market in-depth research and development.

6. Industrial Internet talent shortage, related professionals need to continue to improve and practice.

Industrial Internet is a new market, coupled with the complexity of the industry, leading to the shortage of industrial Internet talents, on the one hand, it is the lack of industrial Internet technology, program understanding of the talent, and lack of exploring the market, which stops   bring business market talents.

How to cross the inflection point: Build yourown PMF

Although there are many difficulties at present, the industry is improving in the long term. We need to solve these difficulties, constantly explore and practice, build long-term product power and core business model, and lay a foundation for future development.For a technology industry, especially To B industry, the real core ability usually includes four aspects: powerful technology platform, scale customers, rich ecosystem and leading core application, to the industrial Internet industry, we also need to focus on the four aspects to build their own ability matrix, to reveal the core value.

1. Make quality products and focus on the core business to make it a necessity

2. Multi-business collaboration, deeply empower customers

3. Create a variety of product models, risk hedging

4. Find an amplifier for your business development, and the premise is that we need to have a good product and engineering service capabilities

In the end:

At present, under the efforts of governments at all levels and all parties in the industry, all localities are actively exploring the new model and new path enabling the digital economy, and the industrial Internet market is gradually expanding and more and more towards the stage center of the digital economy. Just as the history of human development is destined to appear in a landmark historic event in a certain period of time, the industrial Internet will certainly appear in the inflection point, for which we are full of expectations.

As a high-quality industrial product provider, TAICENN Technology will continue to adhere to innovation and high-quality, and to provide customers with accurate and humanized services.

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