Three ways to leverage IIoT

Scott Stone for Plant Engineering:  The Internet of Things (IoT) will significantly alter manufacturing, transportation, distribution and other industrial sectors over the next decade, according to the World Economic Forum. We've only hit the tip of the iceberg in terms of the ways Internet-connected devices will transform these industrial sectors. To put a number on the anticipated growth of Industrial Internet of Things (IIoT) over the next few years, Accenture places conservative spending estimates at $500 billion worldwide by 2020.

Forward-thinking businesses are already leveraging the power of the IIoT and reaping the benefits. When used effectively, it allows companies to better manage their operation, increase production and transform business for the better.

Let's take a look at how industrial organizations should be harnessing IIoT to set their businesses up for future growth.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Performance and Safety Excellence Consulting

Performance and Safety Excellence Consulting

Performance Solutions by Milliken is a dedicated consulting and training group that helps guide businesses toward success. From supply chain, to operations and safety, we're dedicated to developing sustainable results for our clients through the implementation of a holistic operating system. We believe engaging all associates in the process will systematically transform your company to create efficiency, uncover hidden capacity, and generate long-term gains. Are you ready to reinvent your operations and transform your organization? Let's get started.