IIoT edge is creating savings & opening the door to new revenue sources
To achieve the full benefits of IIoT edge, providers must focus on the customer’s specific use case, according to a panel of experts from IOTech, Eaton, Mitsubishi Power, and Schneider Electric
Edinburgh, United Kingdom (25 May, 2022)-The benefits of an Industrial IoT edge solution range from helping an enterprise achieve maximum profitability and uncover new revenue opportunities, to reducing energy consumption, and ensuring a level of quality. A panel of Industrial IoT experts from IOTech, Eaton, Mitsubishi Power, and Schneider Electric recently discussed these benefits, innovation success and challenges in IIoT edge computing systems during a recent webinar.
- The industry is now entering a phase where IoT is actually creating savings for enterprises, specifically related to maintenance and reducing the downtime of assets
- The ability to analyze data at the edge combined with machine learning is creating new predictive maintenance opportunities, which ensures a level of quality for enterprises
- With a clear return on investment, Industrial IoT has moved from proof-of-concept to full scale deployment
- Security remains a focus, but it is now managed as part of the development and product life cycle. It’s an ongoing process to maintain the required level of security
IOTech builds and deploys vendor-neutral software platforms and tools to support the rapid development, deployment, and management of applications at the IoT Edge helping drive IoT innovation, global market adoption, velocity and scale. The company’s products address the full spectrum of secure hard and soft real-time edge computing needs, dramatically reducing time to market, development and system integration costs for its partners who are the supply chains to multiple vertical IoT market domains. IOTech leverages an open ecosystem to collaboratively improve time to market, develop global channel partnerships and achieve pervasive adoption of its software products.
Ken Zeszutko, Z Corp PR & Digital, 321-213-1818 / firstname.lastname@example.org