We read many articles discussing Industry 4.0 and the Industrial Internet of Things (IIoT) and defining these concepts can be difficult, however what these and other similar concepts clearly introduce is a “forward thinking” mind-set and this has in some cases already led to “smart manufacturing”, where intelligent machines, systems and networks are capable […]
Learning from IoT project failures. At the recent 2017 Internet of Things World Forum (IoTWF) held in London, leading global market company IDC predicted that the worldwide installed base of Internet of Things (IoT) endpoints will grow from 14.9 billion at the end of 2016 to more than 82 billion in 2025 Despite […]
CC-Link IE|the missing link in Industry 4.0 and IIot communications. Much of the promise of Industry 4.0 (4IR) is based upon seamless interconnectivity between production machines, enterprise systems and sources of data in the wider world. The Industrial Internet of Things (IIoT) is a key foundation of that interconnectivity, providing low cost, easily integrated […]
IIoT and smart machines are offering OEMs and manufacturers a step-change in ways to improve flexibility and productivity. The emergence of Industry 4.0 is triggering significant transformation in manufacturing and production industries. Making the case for the fourth industrial revolution (4IR) Schneider Electric’s Rainer Beudert, Marketing Director for the system and software Machine Solutions […]
Schneider’s new Profit Advisor uses IIoT to manage real-time decision making. Schneider Electric, has introduced new software suite that utilises IIoT data to enable industrial customers to measure and control the profitability of their operations in real time. Called EcoStruxure Profit Advisor, it uses control and automation systems data to control real-time profit performance […]