IIoT engulfs the world, is the world ready? (Authentise Weekly News-In-Review – Week 04)

Hi everyone and welcome to this new edition of your weekly News-In-Review by Authentise!

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This week we filled our feeds with news coming from the IIoT world. More & more resources are poured by industrial players to get ahead in the race to ride the sensor-empowered wave of IIoT but there is more to do hiding in the avalanche of data that is coming out of it. While Frankfurt showcases industry 4.0 in its privileged spot as Europe’s main internet hub and key players’ collaborations take the IIoT ecosystem up a notch, the data shows early adopters can’t seem to create actionable insights out of it all. As IIoT engulfs the industrial world in data, smart process development driven by analytics is key to make use of the incredible information capacity in our hands.

Frankfurt factory showcases Industry 4.0

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Frankfurt is the world’s largest internet hub – and with volume doubling every year, companies are turning to the latest technology. That was the starting point for one German company – which has built a factory to show what’s possible.

Click here to see the article and video.

Honeywell and Aeron collaborate

Honeywell has announced that it will collaborate with Aereon on solutions to help industrial customers boost the safety, efficiency and reliability of their operations by leveraging Honeywell’s Industrial Internet of Things (IIoT) ecosystem. The INspire™ ecosystem is a part of Honeywell’s Connected Plant initiative, which helps manufacturers leverage the IIoT to improve the safety, efficiency and reliability of operations across a single plant or several plants within an enterprise. Honeywell and its ecosystem partners are developing infrastructure that offers customers secure methods to capture and aggregate data, and apply advanced analytics. Customers can then use this information to determine methods to reduce or eliminate manufacturing upsets and inefficiencies.

Click here to read more about the collaboration.

Making Sense of IIoT Analytics

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As the Industrial Internet of Things (IIoT) picks up steam, attention is pivoting from connectivity to analytics, flooding manufacturers with a wave of new offerings that all promise to facilitate real business change. […] “It’s really easy to capture data, but to then make that data actionable is where companies are really struggling,” notes Ryan Lester, director of IoT strategy for Xively, an IoT platform provider. “Companies don’t have the right analytics tools to parse through the data and they don’t have access to good algorithms to get insights.” In fact, according to research by Forrester and Xively, 51% of companies are collecting data from connected products, but only 33% are leveraging the intelligence to create actionable insights.

Click here to know more of IIoT analytics.

 

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Week in Review: October 25th to 31st – IIoT Prospects

We’ve got Industrial IOT (IIOT) in our crosshair since the launch of Machine Analytics, so maybe that’s the reason we focused on it this week. Or maybe not. Either way, here it is: As digital environments and tools become the norm, businesses that don’t conform to new standards will have staffing issues. A neat infographic shows the concrete way IIoT is helping oil and gas companies boost productivity up to 20% and we also get a deeper look at what cellular networks have to offer to interconnected sensors across sites.

Got your attention? Here we go.

Industry Could Struggle to Attract, Retain Staff Without IIOT

The oil and gas industry could find it hard to attract and retain staff if it doesn’t adopt the industrial internet of things (IIOT), Andrew Hird, vice president and general manager of Digital Transformation at Honeywell Process Solutions, told Rigzone. Speaking at the EMEA HUG conference held in The Hague, Hird stated that IIOT will drive new technologies and outlined that if the upstream oil and gas sector does not allow these new technologies to be deployed, it may lead to staffing issues within the industry.

Read more at Rigzone.

How the Energy Industry Can Use the Industrial IoT to Innovate

As they hunt for more sources of energy, companies are turning to the industrial Internet of Things (IIoT) to achieve these efficiencies and expand operations. Research firm Gartner estimates that 56% of businesses in asset-intensive “heavy” industries like oil and gas will have deployed IoT solutions by the end of 2016. By using wireless connectivity and sensors, energy firms can monitor their assets in the field and achieve higher utilization rates.

Read the whole article at Biztech.

Cellular networks in the IIoT

Typical IIoT applications present cellular networks with additional challenges compared to managing voice calls and high-bandwidth Internet traffic.

Cellular networks have emerged as key components of today’s Industrial IoT (IIoT) networks, especially when it comes to long-distance communication with IIoT endpoints that are installed at field sites. Cellular wide-area networks can provide coverage over several miles, and sometimes across countries, as opposed to the limited coverage provided by Wi-Fi networks. However, the typical IIoT application presents cellular networks with additional challenges compared to managing voice calls and high-bandwidth Internet traffic.

Keep reading here.

 

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