Connected devices and the subsequent birth of the Internet of Things (IoT) have provided businesses a veritable treasure trove of data to mine, understand, and reapply to their own processes. And thus, the Industrial Internet of…
5G is grabbing headlines across consumer markets with mobile network operators generating buzz on the power of new content delivery services for ground-breaking smartphone applications. There is undoubtedly potential there, but 5G’s impact on commercial markets,…
With global spending on IIoT expected to reach $745 billion in 2019, industries continue to gear up for Industry 4.0. According to International Data Group (IDC), that number represents an increase of over 15% from 2018, and double-digit…
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…
High logistics costs, the lack of skilled labor, employee conflicts, and the complexity of the global supply chain – these and other factors encourage manufacturers to resort to distributed production. Outsourcing a part of the manufacturing…
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…
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…
There is no denying that we are well into the swing of the Fourth Industrial Revolution. Early adopters of digitization are already seeing measurable benefits such as increased energy efficiency and quicker troubleshooting which is resulting in…
Manufacturing relies on continuous production. Fast, accurate, real-time analytical insights are intuitively recognized as valuable. Many decisions must be made in real-time, so having real-time data will naturally improve those decisions. Actionable, up-to-date metrics create many…
ARC Advisory Group identified three recurring missteps that derail industrial digital transformation strategy: chasing technology without strategic direction, treating a platform purchase as a substitute for a plan, and defining a business need while bypassing the…
Industrial equipment manufacturers around the world are looking for ways to protect their core businesses while also seeking new cost savings and customer revenue opportunities. Many look to digital transformation and industrial IoT for enabling new services like…
Making the most of legacy equipment According to the Annual Manufacturing Report, 2018, four in five manufacturers believe that smart factory technologies will improve their supply chain relationships. The proposed benefits of data collection from smart…