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A127 - Sensors Are Essential To Be IIoT- and IoT-Competitive

Machine Design, Penton Publishing, Cleveland, Ohio, USA
November 2016

Description:

Sensors Are Essential To Be IIoT and IoT Competitive

This is the first article of three consecutive monthly articles in Machine Design [November 2016, December 2016, January 2017] discussing the strategies and tactics that companies should take to position themselves to compete effectively as the Internet of Things evolves to become the end game for products and services in the years ahead.

This article makes the point that the conclusions of higher level analytics and artificial intelligence, which are based on the available big data, will be insufficient and/or inaccurate if the sensors that are built into the product and its process of manufacture do not capture "all" the available data or cannot react to the data that is available. Robust sensor deployment and engagement/reaction will likely form the foundation for the wealth that will be generated from the Internet of Things.

Sensors Are Essential To Be IIoT and IoT Competitive [Machine Design - November 2016] addresses the subject of "systematically sensorizing products" to position companies for the not-too-distant future where pricing and value become increasingly influenced by a product's information set and not just its physical product or software performance.

Download this complimentary paper.


 

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