IIoT and Predictive Analytics

12 months ago 57

Industrial Internet of Things, Industry 4.0, Digital Factory, and so on, are buzz words that every marketing executive likes to use. But their extensive adoption today has made them into applicable technologies, allowing manufacturers to achieve the universal goal of...

Industrial Internet of Things, Industry 4.0, Digital Factory, and so on, are buzz words that every marketing executive likes to use. But their extensive adoption today has made them into applicable technologies, allowing manufacturers to achieve the universal goal of higher productivity.

Its been about data from the very beginning. The plant floor is rich in data in all aspects; its just a matter of capturing it. It has been found that almost 3 percent of US manufacturers are tapping into their operational data and extracting beneficial information. In order for any IIoT changeover to succeed, companies need to be clear regarding their goals and the availability of human resource to turn it into a success.


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