The Industrial Internet of Things (IIOT) is bringing us the factories of the future with the implementation of AI to help optimize and scale operations through predictive maintenance, improved safety amongst others.
The global Industry 4.0 market is expected to reach $214 by 2023, surpassing the Cybersecurity market by 30%, according to leading research firm Industry 4.0 Market Research.
On a broader scale; IoT, combined with Cloud Computing, Mobile and Digital technologies will enable an integrated end-to-end process in the supply chain the likes of which weve never seen before.
Twin Totalizers Send Your Flow Meter Pulse or Analog Signals to the Network for Metering or IIoT Remote Monitoring
Increasingly in the age of energy management in process, manufacturing and BAS, the need for companies and organizations to not only record and manage the energy or water usage but also sub-meter, an Ethernet transmitter with totalizer function is essential.
Once viewed as the latest IT fad, the IoT is now gaining real traction as a legitimate platform business connectivity - and tech-savvy companies are already reaping the benefits.
For Intel to develop components and solutions that can help manufacturers, we must understand manufacturing operating conditions across a wide range of industries and production methods, and we must be able to link current operations to pain points
Factory Kit leverages Tulip's award-winning Manufacturing App Platform, which brings the power of Industrial IoT and advanced analytics to the front-line engineer and the associate on the shop floor.
The challenge was to satisfy the impedance matching requirement when the antenna, resonator, and matching components are loaded with the nonlinear diodes.
As a provider of Production Scheduling software to many Smart Factories, Simio is often asked about the benefits of embracing Industry 4.0
With the IoT, every electric motor on a factory floor is equipped with one or multiple sensors that are connected (preferably wirelessly) to a control database that continuously collects data about the motors.
The food manufacturing industry stands apart due to its continual reliance on people. No matter how much automation exists in a plant, people still need to oversee things. Employees will not become obsolete with the introduction of IIoT.
Fully connected machines eliminate the need for post-production stress tests. The end users locations becomes the test environment. The varying use cases of each deployment create variations in the testing.
The report examines the technology by software, hardware and networking elements, all of which comprise the IoT system. Software is forecast as the fastest growing market (31.0% CAGR) over the next five years; although hardware currently has the largest installed base.
One distinct benefit of the IoT is that it's generally available to every area of the economy, and this particularly holds true for energy efficiency improvements.
GIM International: Spatiotemporal referencing can be used to enhance contextualisation of Industrial Internet of Things (IIoT) data and information flows within 'smart factories, according to Studio iSPACE in Austria.
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