Introducing new technology can be disruptive: upending the status quo is always challenging for businesses and their employees. For manufacturers, though, the idea of the smart factory of the future is quickly becoming a reality, and even those hesitant to embrace these advancements are finding it hard to ignore. As we advance steadily toward Industry […]
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Running factories from our phones, adaptive robots that work alongside with humans or 3D printing are just a few characteristics of smart manufacturing. Nico Steyn, CEO of IoT.nxt shares his thoughts about Industrial IoT, connecting devices, and the role of the Internet of Things in defining a new way of doing business. Carol Rudinschi: Nico, […]
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As Operational Technologies (OT) for the Industrial Internet of Things (IIoT) proliferate and converge with enterprise IT systems, CSOs and CIOs need to assess the risks with their growing attack surface. Top of the list should be looking at the potential threats and cyber attacks emanating from the network, given the convergence of OT and […]
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Discussion of the Industrial IoT (IIoT) or the Fourth Wave of the Internet is ubiquitous in the media, at industry conferences, and in manufacturing. According to a recent report released by The MPI Group, 90% of manufacturing executives believe that the IoT will have a significant or some impact on business in general over the […]
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In today’s competitive industrial world, predictive maintenance (PdM) is no longer a nice-to-have; it has become a necessity. Traditional PdM methods have several limitations. However advancements in wireless, cloud and AI technology are disrupting the way PdM has been done in recent decades. Companies are making use of these technologies to offer an end-to-end, easy-to-deploy […]
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The power industry has a long history of embracing the benefits of digital technology. For decades, power plants have used remote sensing, networked communication, data aggregation, monitoring and control systems to optimize their generation, transmission and distribution systems. The new level of digitalization ushered in by the 4th Industrial Revolution, is enabling power generators to […]
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Digitalization holds great promise for the power generation industry. However, a range of internal and market challenges can constrain its effective uptake and implementation for those early in the digital journey. Innovative companies that approach digitalization strategically, balancing the short and longer term objectives of the business, will gain a significant competitive advantage, improving their […]
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There is a ton of noise about AI for industry today. A quick search on Google for “Artificial Intelligence” returned 82M results and almost 4M news stories. Bloomberg reported in June that mentions of AI in earnings transcripts has risen from less than 60 in 2016 to over 250 in just Q1 of this year! […]
Read more →The terms Predictive Maintenance and IoT have been intertwined and used significantly over the last several years has caused the true meaning of prediction in this context to be difficult to ascertain. These variations or differences in what a Predictive Maintenance program is and how it is actually construed has caused Manufacturers and distributors to […]
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Before you can begin to improve your network, you need to have visibility into your network. In this post, Frank Williams, CEO of Statseeker, explains why network visibility is important, how it can help your business save money, the best practices for building a network and why industrial companies need to apply smarter and more connected […]
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Often termed the fourth industrial revolution, it’s easy to conclude that the progress being generated by the Industrial Internet of Things (IIoT) will result in job losses. When we think back on the previous industrial revolutions, we can’t help but be reminded of how they brought about newly automated tasks that replaced humans. But, in […]
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The world is currently experiencing a fourth industrial revolution due to the rapid development of technologies and digital abundance such as robotics, artificial intelligence, and 3D printing, etc. Gaining more from existing assets is incredibly vital. It awfully will be more cost-effective to add to the overall value of mature infrastructure through digital enhancements than […]
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