A new industrial revolution — often referred to as the Fourth Industrial Revolution or Industry 4.0 — is taking hold across the world.
As part of this revolution, Original Equipment Manufacturers (OEMs) and other companies are using Industrial IoT (IIoT) and other technologies to fundamentally transform their businesses by connecting operational technology (OT) assets, such as industrial equipment, with their Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and other information technology (IT) systems.
With the data from these connections, they are creating IIoT applications that enable them to monitor, maintain, control, and optimize these assets – allowing them to increase their operational efficiency, reduce equipment downtown, gather insights on how to improve their products, and generate new revenue streams.
Companies that are using the IIoT to transform their business include firms manufacturing commercial washing machines, air compressors and rubbish collectors. Examples of these and other IIoT use cases include:
While these and other companies have been successful in using the IIoT to transform their businesses, many other companies have encountered roadblocks as they have tried to integrate the IIoT into their business. For example, in their recent report, “Why IoT Projects Fail,” Beecham Research conducted a survey of IoT adopters in which 58 percent of the respondents said their IoT project was either mostly unsuccessful or not successful.
One of the key reasons for these project failures? Building the infrastructure needed to support IIoT applications is complex. In particular, it requires a high degree of specialized knowledge in embedded device firmware, wireless connectivity, IoT cybersecurity, and cloud application development, among other areas. Acquiring all this expertise is difficult, and without it companies can end up making wrong decisions regarding the kind of device to cloud solutions they need for their IIoT application, or fail to integrate these solutions together in a seamless, secure, scalable fashion. The result? Slow, stalled, or otherwise unsuccessful IIoT projects.
With decades of experience delivering customers the device to cloud solutions they need to extract, orchestrate, and act on data from their industrial equipment and other OT assets, Sierra Wireless is the partner companies need to simplify to the IIoT. Sierra Wireless’s IIoT knowledge, combined with its portfolio of fully integrated device to cloud solutions, have made it the preferred IIoT infrastructure supplier for Atlas Copco, Axibio, MANN+HUMMEL, and the other companies mentioned above, as they sought to move forward quickly on their IIoT projects.
Start with Sierra today to learn more about how our deep IIoT expertise and broad portfolio of device, software, and service solutions can empower you to use the IoT to unlock value in the connected economy.
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