Reaping the Benefits of the Industrial Internet of Things (IIOT)
Early Strategies for Safety and Success
The transformative forces that shape the near future of industrialized nations come with several definitions, depending on perspective and focus – the 4th Industrial revolution, Industry 4.0, Industrial Internet of Things (IIoT), and Smart Manufacturing to name a few. We no longer talk about disparate assets, we talk about systems of products that are electronically connected, communicate wirelessly and autonomously. Similarly, companies no longer intend to compete alone, instead seeking to establish ecosystems of synergistic partners, often with enterprises that would never be part of their “traditional” business. These are the characteristics that define the new industrial reality.