Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
IIoT is Set to Transform the Manufacturing Landscape Over the Next Decade
* Required Fields
Pay by invoice
IIoT brings together two separate technologies: Enterprise IT for resource planning and decision support systems, and Operations technology that controls machines/equipment, manufacturing and the related processes. Leveraging this will also require equipping the workforce with adequate skills, and this requires preparation. It is expected that IIoT will offer opportunities to the workforce for learning new skills. It will also computerize many of the tasks, particularly those that are of repetitive nature. In order to cash in on the bigger opportunities from IIoT, the workforce in organizations need to possess skills in data science, software development, hardware engineering, testing, etc. Companies, clients and other stakeholders have to collaborate in order to mitigate the risks typical to those connected to networks.IIoT platforms are still in an emerging phase and companies are trying to establish themselves across many industries. There is a growing need to come up with open architecture and companies are starting to develop and share non-proprietary platforms. The benefits are for all stakeholders. Companies stand to save more by moving from a “fix when fail” approach to predictive maintenance. Suppliers also benefit as a result of reduced warranty fulfillment costs.
This study provides information on digitization and Industrial Internet of Things (IIoT) related trends in Asia-Pacific. It provides an overview of smart factory and the need to have open platforms. This is because one of the key considerations while deploying IIoT systems is the manner in which legacy systems are handled as many legacy devices in industrial settings have a long lifespan and it may not be economically viable to upgrade a large number of devices so as to be able to communicate with the cloud.
The study also provides information on the areas of opportunity for suppliers of automation products and systems. It includes three case studies to illustrate how embracing IIoT has helped end users achieve better performance. While it is still early to accurately estimate the benefits, there are technology challenges that need to be overcome, especially in the areas of connectivity and security.
Key Issues Addressed
Strategic Analysis of the Global Automation and Control System Market in Life Sciences Industry, 2018
Advancements in Welding, Robotics, 3D Printing, and Laser Technology
Innovations in 3D Printing for Jewelry, Diamond Cutting, Autonomous Transformative Vehicles, and Advanced Robots
Outlook of the Asia-Pacific Automation and Control Market, 2019
Asia-Pacific Collaborative Robots Market, Forecast to 2023
Innovations in Robots, 3D Printing, and Autonomous Agricultural Solutions
Analysis of the Indian Fans Market, Forecast to FY2026
Opportunities for Multimaterial 3D Printing in Manufacturing
Global Hydraulic Hoses and Fittings Market, Forecast to 2024
Innovations in Automation, Online Manufacturing, 3D Printing, and Robots
3d printer market share
natural gas market
health supplement market
food waste market
solar energy market
smart meter market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.