IIoT Benefits: What value does IIoT offer industrial companies?
Industry 4.0, the Fourth Industrial Revolution, is inexorably gathering strength. Industry 4.0 introduces the digitalization of processes, the Internet of Things, the installation of widespread sensors in the physical environment and the ability to rapidly enhance production economics through real-time performance-data…
Virtual power plants: distributed generation is not a threat, it’s an opportunity
Almost 60 percent of utility executives in 20 countries rank distributed generation as the biggest disrupter to their operations, according to a 2017 survey by Accenture, the global services company. Distributed generation, the executives predict, will reduce…
Putting Your Assets to Work
Business owners seeking sustainable growth should think twice the next time they want to hire more employees or purchase additional vehicles to meet increased demands. Committing to an increase in fixed expenses may seem essential when…
Infographic: Top Industries Using Indoor Positioning
The indoor positioning market is predicted to show double-digit growth rates every year. We have put together an infographic to show the main indoor positioning applications and their business value.Main indoor positioning applicationsBusiness value comes with live installationsWe brought together our experience…
Network Growth is Exploding – Why Fast End-to-End Polling Time Becomes Vital
IBM, Cisco, and GE are pushing the IIoT as a major revolution in how marketing and manufacturing is done. The IIoT demands nearly 100% uptime all the time, and the only way to make sure you…
Collaborative Operations Center – what it means for utilities in the digital transformation process
Last month, together with my business partner in IIoT World, Carolina Rudinschi, PhD, I attended the opening of ABB’s latest Global Collaborative Operations Center in Genoa, Italy, an event that brought together 30+ analysts and 50+…
How machine builders can use IIoT platforms to unleash new business models
By 2025, experts expect that the Industrial Internet of Things (IIoT) will provide a $4.6 trillion opportunity for the world’s industrial operations to upgrade and add value to the global economy. This reflects the trend toward…
The very dynamic IIoT digital solution platform market – an opening snapshot
Companies have this essential need to build an IoT platform today, or be at least very active partner in one, or even many, to fit their business goals. A platform connects, it connects your world with…
The Data is Already Here, How to Unlock The Value of it?
Many enterprises find early success at “proving the concept” of industrial IoT, but fail to realize monetary benefits from their investments. Providing value requires solutions that do more than extract data from machines in the field,…
Frost & Sullivan: The major challenges facing the IIoT solution market in 2018
A recent Frost & Sullivan research shows that the major challenge currently facing the Industrial Internet of Things (IIoT) solution market is the inability of providers to offer one-stop- shop solutions. Original equipment manufacturers (OEMs), such…
The Future is neither cloud nor Edge – it is both!
The cloud has transformed how we use technology. Of that there is no doubt. But as we have grown attuned to it for the IoT market, complexities arose. Once we moved past the exciting unicorn cases,…
Top Three Leading Industrial IoT Factors That Are Spurring Measurable Value In 2018
With a compound annual growth rate of around 28% for the next seven years, every year will be a big one for Industrial IoT. Inevitably as more companies adopt IIoT, the technology will evolve and mature.Evolution…