digital transformation is at the very core of business today, yet many companies still struggle to execute on this imperative. deploying iiot wisely requires a full understanding of the business and how it creates value. these new jobs, moreover, free a substantial portion of the workforce from repetitive and often unhealthy tasks and allow them to gain new capabilities. at its plant in ijmuiden, netherlands, the company invested in building the digital skills of its site team, an approach that enabled it to realize significant productivity, cost, and quality gains. teams now have the ability to anticipate and correct issues on the spot, to optimize performance in a competitive environment with razor-thin of margins of error.
the early lesson of the covid-19 outbreak is that amid the widespread business shutdowns, the digitally enabled were at an advantage—in managing operations, communications, and stakeholders in a rapidly changing environment. continuous improvement through traditional means tends to be too incremental for dealing with the magnitude of the challenges and competitive threats manufacturers face in the global digital economy. consider the experience of a global industrial-machine manufacturer that used iiot to develop a forecasting and availability model for spare parts. the iiot system has since helped the company maintain a high rate of continuous improvement, and at the same time, become more responsive to immediate issues. demonstrate to your workforce the positive effects digital will have on the company and help build sustainable employment in the future of work: a win-win-win for employees, partners, and the business.
the industrial internet of things refers to interconnected sensors, instruments, and other devices networked together with computers’ industrial applications, including manufacturing and energy management. iiot is a network of intelligent devices connected to form systems that monitor, collect, exchange and analyze data. each industrial iot ecosystem consists of:. the industrial internet of things (iiot) refers to the extension and use of the internet of things (iot) in industrial sectors and applications. industrial iot (iiot) brings machines, cloud computing, analytics, and people together to improve the performance and productivity of industrial processes., .
the industrial internet of things (iiot), is designed for systems that are larger than smartphones and wireless devices. its objective is to use a network to the industrial internet of things can be defined as ‘machines, computers and people enabling intelligent industrial operations using advanced data analytics for industrial iot is an ecosystem of devices, sensors, applications, and associated networking equipment that work together to collect,, .
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