The Industrial Internet of Things (IIoT) is driving transformation in how machine builders deliver maintenance and support services. Connecting smart machinery to the Internet in a secure manner enables machine builders to remotely monitor the condition and performance of their customers' machinery on a continuous basis. IIoT also enables machine builders to apply analytics for adaptive control and predictive maintenance. With this remote, continuous monitoring by experts, the manufacturers that depend on the machinery should realize increased machine availability and performance. This, in turn, should lead to reduced capital equipment expenditures and improved machine output, labor utilization, and operator productivity.
Remote, continuous services represent a business opportunity that pro-vides an economic benefit to both equipment users and suppliers. Using the framework of the Industrial Internet of Things, machine builders are incorporating embedded intelligence in machinery. This extends the di-agnostic and data capturing capabilities of the machinery so that connected applications tracking performance and downtime can identify root causes of failure. The combination of embedded machine intelligence, secure connectivity, and analytics facilitates implementation of a remote service offering that improves machine uptime while making more efficient use of both the user's and supplier's resources.
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Keywords: Industrial Internet of Things, Connected Machinery, Cyber Security, Maintenance, Condition Monitoring, Services, ARC Advisory Group.