Analyst firm IDC predicts that by 2019, 45 percent of IoT-created data will be stored, processed, analyzed and acted upon close to, or at the edge of, the network. The challenge is that many companies want to take advantage of the value IoT offers to improve and scale their business, but they do not know […]
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The Internet of Things (IoT) enables disruptive transformation across multiple market segments, from consumer, enterprise, agriculture, healthcare, manufacturing, utilities to government and cities. Industrial IoT (IIoT), a subset of the larger IoT, focuses on the specialized requirements of industrial applications, such as manufacturing, oil and gas, and utilities. Although IoT and IIoT share common technologies […]
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Traditional forecasting, using historical observations estimate future business metrics such as inventory requirements, asset performance, budgets and revenue. Compared to predictive analytics, this practice fails to deliver the precision and agility required of leading enterprises and effective IoT asset management programs meeting difficult challenges. The reason for this shortfall is simple: the past does not […]
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A smart, connected enterprise can embrace the digital transformation in the coming Industrial Internet of Things (IIoT) world by collecting data that could result in new levels of collaboration, operational excellence, agility and profitability. But the reality is that total adoption of IIoT is a ways off and users today need to start the digital […]
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Two years ago, mobile technologies were widespread, but IoT mania was only beginning. Today, no one is surprised at the appearance of an IIoT. The idea of putting your logging, monitoring, and even supervisory/control functions in the cloud does not sound as crazy as it did several years ago. If you look at mobile application […]
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Most people don’t associate the IoT (Internet of Things) with earth movers, dump trucks and other heavy industrial equipment. But for construction, oil and gas, waste management and other industrial businesses, IoT has become an increasingly important tool for reducing inefficiencies that have plagued these industries for decades. Specifically, IoT is transforming the way these […]
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The use of industrial automated machinery and control systems continues to grow as factories and plants implement sensors and actuators to monitor environments and the machines in these spaces. The adoption of technology in these environments has been coined the Industrial Internet of Things (IIoT). And, as hardware and software solutions continue to drop in price ($30-$300), industries […]
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As outlined in our previous story on Industry 4.0, the challenges and opportunities facing the manufacturing sector are significant and global. They include: Tackling the skills shortage that manufacturers are increasingly facing due to an aging workforce and the changing nature of manufacturing itself Managing the demands of a global supply chain that requires strong, […]
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Since Internet of Things technology started to gain mainstream traction, multiple platforms, solutions and strategies have been developed. At the moment there are more than 450 ‘platforms’ commercially available. Yet, realistically speaking, most of these have been designed for a very specific function on outdated technology and mostly down a vertical application path. Similarly, gateway […]
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Since the inception of the Internet of Things (IoT), a slew of connected products is emerging resulting in a drastic change in the way consumers interact with home appliances, cars, electronics, and other types of equipment. Particularly, IIoT Applications have significantly affected industrial implications and as such are being identified in the range of the […]
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IIoT or Industrial Internet of Things solutions, built on a cloud-based infrastructure, create opportunities for new business models and value delivery methods. While many IIoT solutions are usually sold as a “product”, many vendors are now beginning to offer IIoT “as-a-service”.Take the example of a sensor-based system that detects machine wear and proactively alerts the […]
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Manufacturers are increasingly turning to automation to solve their materials handling challenges. But as many are realizing, not all self-driving industrial vehicle companies are alike. The various robotic solutions on the market have vastly different degrees of flexibility, scalability and infrastructure requirements. Before investing in automation, be sure to ask your automated guided vehicle (AGV) […]
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