By connecting previously stranded data from smart sensors, equipment, and other industrial assets with advanced applications and predictive analytics in the cloud, the Industrial Internet of Things (IIoT) is becoming a strategic enabler to improve manufacturing performance. Despite initial concerns, many companies now realize that, when properly implemented, internet and wireless technologies can provide appropriate security and availability of services across multiple plants and facilities. This helps further meld plant floor and enterprise systems, creating an opportunity to transform manufacturing operations through IIoT strategies.
One transformational outcome of this union of business and automation technology is reducing maintenance and operations cost by changing the way plant maintenance is executed on certain critical assets. Much like the way Uber has disrupted ride services or Air bnb has disrupted room rentals, industrial companies that fail to adapt to this digitization may also disappear.
IIoT Reshaping Plant Information Architectures
Through IIoT-enabled technologies and strategies, industrial users can collect and store data from almost anything at an extremely high frequency and at incredibly low cost. This enables efficiencies in work and business processes that were not possible in the past.
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Keywords: Control Valves, Predictive Maintenance, Process Analytics, Industrial Internet of Things (IIoT), ARC Advisory Group.