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FOR IMMEDIATE RELEASE
Contact:
Eugene Won
Senior Director of Marketing & Client Services
VDC Research
(508) 653-9000, ext.122
ewon@vdcresearch.com
Escalating System Complexity Drives Modeling Tool Adoption as Users Capitalize on IoT, According to New Report by VDC Research
Standard language-based modeling tool (SLBM) revenue growth accelerates in embedded and enterprise/IT markets
NATICK, MA | June 23, 2017 - Modeling development practices are spreading to new organizations and scaling within existing accounts as the maturity of modeling use increases, according to a new report from VDC Research (click here for more info). Increasing system complexity is fueling the use of software modeling tools and encouraging adoption in both the embedded and enterprise/IT markets.
VDC’s research shows that in the face of mounting code sophistication and volume requirements, teams are adopting development strategies that increase collaboration across multiple teams, such as DevOps or multi-engineering integration. Development teams will also use models as a core communication platform between engineers and other stakeholders as these methodologies continue to evolve.
The pace of standard language-based modeling (SLBM) tool revenue growth is accelerating in both the embedded and enterprise markets. Still, the advanced capabilities and highly-specialized functionality of some proprietary language-based modeling (PLBM) platforms make them hard to displace, especially in safety-critical applications. “More organizations are transitioning from PLBM platforms to tools offered at a lower price point that are based on standard languages such as UML and SysML,” said André Girard, Senior Analyst of IoT and Embedded Technology at VDC Research. “Gains for SLBM tools will more often be in newer technology areas such as IoT applications, medical devices, advanced driver-assistance systems (ADAS), and infotainment systems.”
The report explains that ease of use, overall cost, and level of integration with other tools used are key selection criteria used to guide purchasing decisions for both SLBM and PLBM tools. “Tool suppliers will have to address usability issues such as poor operation speed, outdated interfaces, and inadequate reporting capabilities or risk displacement by competing platforms,” said Girard. “Meanwhile, modeling-enabled technologies such as digital twin and augmented reality (AR) hold great potential for facilitating continuous product improvements and virtual prototyping.”
“Industrial/enterprise market revenues will overtake and surpass consumer market revenues by 2021 as wearable AR technology improves,” said Roy Murdock, Analyst in the IoT & Embedded Technology division at VDC Research. “This market has been developing for quite some time with relatively little financial success, but it is now poised for strong growth. Quality content will require the use of quality development tools, and the AR market is no exception.”
Click here for more information on this research.
About VDC Research
Founded in 1971, VDC Research provides in-depth insights to technology vendors, end users, and investors across the globe. As a market research and consulting firm, VDC’s coverage of AutoID, enterprise mobility, industrial automation, and IoT and embedded technologies is among the most advanced in the industry, helping our clients make critical decisions with confidence. Offering syndicated reports and custom consultation, our methodologies consistently provide accurate forecasts and unmatched thought leadership for deeply technical markets. Located in Natick, Massachusetts, VDC prides itself on its close personal relationships with clients, delivering an attention to detail and a unique perspective that is second to none.
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