WHY M12 CONNECTORS ARE THE RIGHT FIT FOR THE IIOT
The digitization of manufacturing is well underway, and picking up speed
every day. Global tech analysts predict that more than 20 billion devices will
be connected by 2020, supporting the Bain & Company forecast that the
Industrial Internet of Things (IIoT) will be a $200 billion market by 2021.
In the simplest terms, the IIot is real-time data connection, driven by
processing and transmitting data at faster speeds, on progressively smarter
and smaller machines. The ultimate value of the IIoT, however, goes beyond
data collection and transmission. It encompasses the complete visibility
and control of virtually all electromechanical factors in the manufacturing
process, empowering companies to move beyond descriptive and
diagnostic analysis to predictive intelligence and preventive action.
Quantifiable benefits include the ability to identify disruptions such as
product or process variance, and circumvent or redesign to avoid these
issues. Plant operators can discover unused capacity, reduce maintenance
costs and downtime, improve safety, and maximize overall equipment
effectiveness (OEE) – the potential benefits of an IIoT-enabled plant are
seemingly unlimited.
Click 'Sign in' above to use your Design News Direct Profile information. Don't have a Design News Direct Profile? Register Now.
.jpg)
