Fewer than two percent of executives at large organizations say their companies have a clear vision of the Industrial Internet of Things (IIoT), with implementation well underway. That is according to a new report by consultancy Business Performance Innovation (BPI) Network, working in partnership with The CMO Council, Penton’s IoT Institute, and The Nerdery.
Floyd Lau founded Amptek Technologies in 2002 as an end to end engineering design company, but it has since grown to produce its own product brand that is now entering the IoT and lighting market.
Part 1 of this 4-part series introduced ways in which increasing digitization might improve plant operations. Here in Part 2: how IIoT can improve the productivity of reactive, preventive, predictive and proactive maintenance.
Part 1 of this 4-part series introduced ways in which increasing digitization might improve plant operations.
If you had researched the Industrial Internet of Things online in the mid-1990s, there might have been a handful of results. But if you searched on terms like asset performance management, predictive maintenance, and computerized maintenance management, you would have found thousands of entries. While such maintenance automation is finally gaining a foothold in industry, realizing its full potential has been hampered by limited access to the contextual data related to things like system wear and performance degradation.
North America dominates the global market for automation and control system in pharmaceutical and biotech industry due to large number of aging population and accelerates investment in the industry.
This year Hammond Manufacturing is celebrating 100 years as a Canadian family run company. The business was founded as O.S. Hammond and Son in 1917 in Guelph, Ontario. The company has since expanded to include international manufacturing and distribution facilities but the headquarters and its primary manufacturing location still reside in Guelph.
What is behind the Industrial Internet of Things (IIoT) that actually helps industrial organizations drive profitability? It’s a combination of hardware digitization, software and analytics. This capability is a major boon to industry as it brings efficiency and productivity gain potentials to new levels.
This project is funded [in part] by the Government of Canada.
Ce projet est financé [en partie] par le gouvernement du Canada.
