8 IIoT use cases to boost ROI for manufacturers
Manufacturers are under increasing pressure to optimize profits and efficiencies while simultaneously reducing costs – a daunting challenge. However, the emergence of digitalization and its associated technologies is making this feat possible for the manufacturing industry.
Specifically, the market has seen the convergence of information technology (IT) and operational technology (OT) due to advances and synergies between the respective areas. This has resulted in the Industrial Internet of Things (IIoT), which is a solution that collects and centralizes mass amounts of machine data gathered from industrial environments. Applications built on these IoT platforms collect, analyze, and enable you to quickly act on the data to fundamentally boost operational efficiency and production.
The IIoT has already gained traction within countless industries, including food and beverage, oil and gas, healthcare, automotive, and more. For machine builders, it is quickly becoming a business imperative. According to an IDG and Siemens IoT survey, 53 percent of companies have started an IoT initiative. To keep pace with leaders in the industry, you need to start acting now.
The Forrester report, “Internet-Of-Things Heat Map 2018: Prioritize IoT Use Cases Based On Value To Your Company Operations,” details the optimal IoT use cases for a wide range of industries.
Combining the information in the Forrester report, along with Siemens’ domain knowledge and hands-on expertise with the Industrial IoT, this ebook takes a logical look into how the IIoT can best be applied for machine builders and original equipment manufacturers (OEMs).
This ebook is sponsored by Siemens