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This Week's Featured Reports and News

Steve Banker How the Industrial Internet of Things Will Support Future Supply Chains

The Industrial Internet of Things offers the potential to enable industrial organizations to improve performance and enhance competitive advantage — not only in an individual facility, but across company's supply chain and throughout its value network.  IIoT things can include a company's transportation assets, industrial assets, products made, and even the containers that carry products across a supply chain.

Ralph Rio Proactive Asset Management with IIoT and Analytics

Preventive maintenance assumes a failure pattern that increases with age or use. Unfortunately, this applies to only 18 percent of assets. The other 82 percent of assets display a random failure pattern. Predictive maintenance approaches employ condition monitoring data to predict failure. Proactive maintenance goes further by combining multiple variables with analytics to predict failure with a higher degree of confidence.