A lot has been made about the future promises (and rightly so) of the Internet of Things (IoT). Indeed, as one of the major and potentially transformative overarching tech trends coming into focus, the possibilities for production, maintenance, fulfillment, customer service and more within the manufacturing sphere have created a massive buzz.
But what has perhaps been less frequently discusssed are the challenges and preparations that companies need to make sense of before they are ready to change the way they operate. In this week's round-up, we take a look at some of the barriers and early considerations for manufacturers entertaining IoT's coming operational prospects.
IoT will help bridge the barriers between the physical and digital worlds, allowing for all “things” to connect, to communicate, and to collect data. Aside from the rest of the world, the manufacturing industry has a special interest in IoT due to increased levels of automation and efficiency within development. This article from Bosch’s ConnectedWorld Blog discusses five impacts that IoT will have on the manufacturing community:
- CIOs and manufacturing leads will have to move with increasingly faster speed
- Security must be reimagined and revolutionized
- IoT will create more visibility in process performance
- Predictive maintenance will be a revenue stream for OEMs
- Production will play a new role in the manufacturing value chain
Read this article | Tweet this article | Share on LinkedIn
To date, many of GE’s customers have been successful in implementing the Industrial Internet. Jim Walsh, General Manager of GE Intelligent Platforms, shares these stories in the below video. Walsh provides insight into how these companies are collecting, managing, and analyzing data to protect assets and improve downtime.
Article | Tweet this video | Share on LinkedIn
Is your IT department IoT ready? Most aren’t. Why? Because the scale of IoT far surpasses anything that has ever been attempted or accomplished. By 2020, according to Cisco, 50 billion devices are estimated to be connected and communicating. Many people may believe that IT teams will be tested due to technology aspects and/or lack of development time, but that isn’t the case. The core issue is aligning IoT to the overall goals of the business and how IT plays a part in this relationship. This article from InformationWeek discusses how IT groups can effectively work with corporate executives and business units for a more effective IoT strategy. Read more…
Tweet this article | Share on LinkedIn
(If you missed the first article in this series, you can access it here)
This article discusses the second of three IoT hurdles: How to address the new security issues that will arise with the implementation of IoT. Principal Analyst Mark Davidson explores what these new challenges may be as well as how they are currently being addressed within today’s market. And, be sure to stay tuned for the final piece of this series. Read more…
Tweet this article | Share on LinkedIn
