Manufacturing Organizations Struggle to Address Industrial Cybersecurity

  • Jared Weiner

Cybersecurity is particularly critical for industrial systems due to the potentially life-threatening consequences of system failures as compared to other classes of connected systems. Combined with the financial and operational implications of stopped manufacturing lines—lost production, scheduling delays, scrap, overhead—the consequences of even a temporary disruption can be disastrous. While manufacturers and automation suppliers alike have become increasingly mindful of industrial cybersecurity concerns, the skill and effectiveness of industrial organizations in addressing these concerns remain a work in progress:

Industrial Cybersecurity2

In light of the intensifying challenges (and heightened prioritization) of cybersecurity among industrial organizations, VDC is excited to begin work on a new research program designed to provide a complete quantitative and qualitative analysis of the global market for industrial cybersecurity software and services.

Along with VDC’s rich qualitative market analysis, subscribers have access to the most comprehensive and meaningful research provided on the topic. Supported by our rigorous research methodologies, this report will provide not only granular market size models and five-year forecasts segmented by geographies, vertical market segments, revenue source, but also rich analysis on the current market dynamics and evolving business opportunities.

Vendor briefings have already begun, so please contact me directly if you or your organization would like to participate in the research process!

To learn more about this study, you can download the full research outline here, or please contact us for more details!

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About Mitch

Mitch Solomon

President

Mitch has spent years supporting senior leaders of operational and industrial technology companies as well as private equity investors that participate in the space.  He is an active member of the Technology and Innovation Council at Graham Partners, a leading industrial technology focused private equity firm, and serves on the advisory boards of OptConnect (a top IoT connectivity provider) and DecisionPoint (a rapidly growing operational technology systems integrator).  Mitch has worked closely with a wide range of industrial technology clients on a diverse array of growth opportunities and challenges including applications of AI, c-suite recruiting, strategic planning, new market identification and entry, product strategy, competitive positioning, revenue retention, value proposition identification and messaging, sales strategy and execution, and board presentations. Mitch holds a BA from Northwestern University and an MBA from The Tuck School of Business at Dartmouth College.