Advantech Benefits from Artificial Intelligence by Integrating Edge Hardware and Algorithms

We think Advantech’s dominant position in the IPC industry and reputation for providing reliable products and after-sales services give it a head start in offering next-generation industrial solutions, interconnected equipment and Internet of Things services. We believe Advantech’s two-pronged strategy of developing Internet of Things platforms and investing in Internet of Things service firms, reinforces its commitment to integrating hardware and services, differentiating itself from peers. Advantech’s revenue CAGR until 2029 is projected at 12%, driven by growing demand for robotics, industrial automation, smart city, and healthcare.