by Rick O’Brien
“As IIoT is still in a nascent stage, most IioT solutions currently being developed are purely focused on increasing operational efficiency in the following ways, by:
- Automating processes
- Increasing flexibility of production techniques
- Enabling predictive maintenance (ie. anticipating equipment failures, improving repair services)
The productivity gains of these types of business models can be significant. Recent studies have estimated that manufacturers can boost productivity as much as 30 percent and reduce maintenance costs by as much as 30 percent with Industrial IoT solutions.”
by Mary Treseler
“Right now, in the Internet of Things, we’re in this place where the content of the Internet of Things is the pre-Internet of Things world. It’s all of the things that are either currently not connected, which are everyday objects, or it’s the electronic things that are being shoehorned. What we’re trying to do is we’re trying to get over that hump and trying to figure out the natively interesting qualities of the Internet of Things that make it really different than home automation, which has been around for 30 years and has been an abject failure on every front, or simply connecting appliances to the Internet.”
by Sean Lorenz, Director of IoT Strategy at Xively
“Once the consumer knows that you have access to how they are using the product, there is no escaping the possibility that they will expect a greater level of customer service from you. That includes being able to identify problems as, or even before, they occur as well as providing hints and tips on how to get the most out of your product.”
By David H. Deans
“The number of wireless IoT devices in automation networks is now forecast to grow at a compound annual growth rate (CAGR) of 27.2 percent to reach 43.5 million by 2020.
There is a wide range of wireless technologies used in industrial automation with different characteristics and use cases. As an example, 802.15.4 based standards such as WirelessHART and ISA100.11a are major contenders at the field level in process automation networks.
Wi-Fi and Bluetooth are the most widespread technologies in factory automation while cellular connectivity typically is used for remote monitoring and backhaul communication between plants.”
by Danny Palmer
“Computing surveyed leaders about the relevance of the IoT to their industries. A striking finding was the 29 per cent stating that it was already making an impact – not bad for a concept at the top of the hype curve.”
by Mike Troiano, AT&T Mobility
“The Internet of Things is a platform for innovation
The Internet of Things is not only driving greater efficiencies to support current operating models, it is also creating new revenue streams for budding entrepreneurs and opening the door to innovations that weren’t possible a decade ago.”
” One of the key early targets for Google was home router manufacturers. This is because as part of the local “smart things” network architecture envisioned by Google (at least in the home), there would be a set of code (likely a full RTOS) running on a home router that would enable it to talk to low power devices and act essentially as the smart home hub. According to my sources, Google has approached numerous router manufacturers such as Netgear, Asus and possibly others. ”
by Alec Makdessian, director of business management at Maxim Integrated
‘When all of the lamps in an LED lighting system are considered as a whole, even more impressive capabilities become possible. Imagine you are in a public building for the first time and an emergency such as a fire occurs that takes out the building’s power. How would you find the quickest and safest way out of the building? LED lighting systems connected via PoE can still operate in a power outage if the network has battery backup.”
HutGrip is an industrial IoT solution developed and owned by IndigoVerge. If you are interested in IIoT consulting and implementation for a similar or another IIoT project, please get in touch with IndigoVerge team.