Insights

Information Driven Era

Information-driven companies are disrupting any industry and bringing new business models turning smart data into actionable information with impressive results in efficiency and cost reduction.  Whether it is called Industrial Internet of Things, Industry 4.0, or Digitization, smart data is no longer a competitive advantage but a must that any company should embrace for thriving and keeping on being competitive in the new digital industrial sector.
Industrial Internet of Things

IIOT, The Industrial Internet of Things, has become increasingly ubiquitous in the context of industry as digitization has become a business priority for many organizations. Then, what is the Industrial Internet of Things? Internet of Things is the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to jointly share data. IIOT is the application of IOT in the industrial sector with the purpose of bringing a new industrial revolution disrupting traditional business models and boosting efficiency and productivity through smart, connected devices. The key aspect for the IIOT success is the interoperability between two traditional isolated fields, Information technology (IT) and Operation Technology (OT).

IIOT Benefits
IIOT initiatives are breaking the data silos for industries and connect all of their people, processes, and data from the shop floor to the top floor. Alongside the connectivity, the use of advance analytics opens up a new range of possibilities to turn data into insightful and comprehensive information for better decision-making process at all the levels of the organization. To list a few of the IIOT benefits we find:

  • Accurate and complete view of asset health and status
  • Reliability management predicting and diagnosis issues before they negatively have impact in the asset
  • Reduce Downtime
  • Improve efficiency