During the late 20th century, industrial technology providers focused on delivering complete, turnkey solutions by themselves. The thought was that to effectively address highly specialized and complex environments, a vertically integrated approach would produce a better outcome.
Today, that mindset has drastically shifted.
The accelerated pace of technology innovation has driven end customers to question this single-vendor model. Now, customers are increasingly embracing the open model involving multiple partners developing solutions based on open standards and the latest technology. Such solutions are typically better future-proofed, more cost effective and agile.