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!

We are switching the release date to Sunday from now on so tune in every weekend to get your curated news report.

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

Screen Shot 2017-01-21 at 12.37.28 AM

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

Screen Shot 2017-01-21 at 12.48.05 AM

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.

 

Don’t forget to follow us on Twitter, Facebook and G+!

Week in Review: 4th October to 10th – AM Put in Perspective

Here we go for another Week in Review.

Additive manufacturing is more than a production tool with advanced features and mouth-watering opportunities, it is a puzzle block of an international effort to realize the vision of the industry of the future, or Industry 4.0. As such, this week we saw further movements in international cohesion as AM standards become the focus of huge global collectives and more questions arise in the face of new financing and leasing unknowns.

Let’s dig in.

ISO & ASTM International Create Additive Manufacturing Standards Development Structure

download-16

As questions arise and larger companies begin pumping out 3D printed components, the need has been obviously for cohesion. And both the International Organization for Standardization (ISO) and ASTM International have stepped in to take care of business, creating the Additive Manufacturing Standards Development Structure. This will offer a comprehensive and much-needed framework that those involved in both additive manufacturing and 3D printing can use for technical standards.

Read the full article here.

Financing the Fourth Industrial Revolution

Manufacturers are no longer restricted to traditional financing arrangements where they would pay for equipment over time and use their own personnel to monitor and service that equipment. Now a variety of purchase/service hybrid arrangements are available and, says Amos, financial executives are increasingly looking at a “fourth generation” of financing which looks “like a service contract by a service provider to a service user.”

Read more here.

New 3D printed titanium satellite inserts by Atos and Materialise are up to 70% lighter

The part in question is a highly loaded insert that is used as mounting point for big and heavy structures, including panels in satellites. As the companies revealed, a joint team performed a comprehensive study of currently used parts, and reduced their weight: in total, the weight was reduced from 1454 grams to 500 grams – a highly impressive 66 percent reduction. It currently costs about $20K to send a single Kg into orbit – so 3D printing more efficient components could save millions in the aerospace sector.

Read more about it at 3Ders.

 

Subscribe to our mailing list

* indicates required




Also receive our weekly News-in-Review?