It’s a rare industrial organization today unable to point to one or a dozen initiatives inside their enterprise with the moniker of IIoT, Industry 4.0, smart product, or some other label under the general category of digital transformation. Yet according to McKinsey, 70% of these projects fail to deliver business value. Why? Most teams consist […]
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This post is the second of a 3-part series. Check back in next week for the conclusion of this series. In the first part of this series – The key role of Augmented Reality in Industry 4.0 for Manufacturing: Part 1 – we looked at the fundamental ideas behind what has been called “Industry 4.0” – […]
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Cities around the world are making huge investments in technology that will help them provide better services, reduce greenhouse gas emissions and operate in a way that leverages the power of IoT, artificial intelligence and 5G technologies. Put together, these investments are part of the story in delivering on the vision of “Smart Cities” – […]
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We are in the midst of a massive change in manufacturing – and how well companies embrace and adapt to it is crucial to their future. Over the last several years, industrial companies have been undertaking a number of initiatives to move themselves to a goal of what has been called “Industry 4.0” or “Factory […]
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If you’re like me, you might feel as if the industrial internet of things (IIoT) should be more of a thing by now. That’s not to say it isn’t panning out. IIoT applications are on the rise, and recent estimates anticipate as much as $14 trillion in additions “to global domestic product by 2030” thanks […]
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The major accidents in 2005 at Texas City and Buncefield marked a watershed for the ...
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Cyberattacks on strategic infrastructure are increasing in frequency and sophistication, escalating risk and compliance
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The promise of IoT is enormous, from reducing operating costs, to improving workplace safety; yet many
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There are three key ways to ensure that implementing IIoT—and in particular IoT integration on the factory floor—in your manufacturing environment goes off without too much difficulty: Make sure that you are not getting stuck with the 20/60/20 rule of change management. This is where 20% of your workforce is firmly on board with your plans, […]
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It’s predictable as continental drift: the center of gravity in computing moves every few decades from the center and the edge and back again thanks to changing demands and technological advances. From 1948 to the 70s, centralized mainframes ruled because that’s all there was. Then Intel invested 4004 in 1971 which brought processing power to […]
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Recently, Lucian Fogoros, Co-founder and Managing Director of IIoT World, interviewed Klaus Helmrich, Member of the Managing Board of Siemens AG and CEO Digital Industries. Some of the questions we asked were crowdsourced. Lucian Fogoros: Industry 4.0 is today mostly about customization of products – how does Siemens see customization opportunities in Industry 4.0 without a […]
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It wasn’t that long ago that IIoT sounded out of reach. Who would have imagined we could control our home’s thermostat or turn on the sprinklers from anywhere in the world? The truth is, while it may seem we are living in a highly connected world, this is just the tip of the iceberg. In […]
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