The Importance of the Edge for the Industrial Internet of Things in the Energy Industry

| August 2, 2017

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It is clear that the Industrial Internet of Things (IIoT) has arrived—and is here to stay. Today’s IIoT is perhaps best defined by interconnectivity. This enables better monitoring, information gathering, role-based information presentation, and operator situational awareness—and ultimately leads to improved decision-making, increased optimization, improved safety, and lowered costs. The Energy Industry in particular is well-positioned to take advantage of the IIoT. The industrialized world needs energy, and the demand for hydrocarbons will not diminish in our lifetimes. But with the price of oil hovering around $50/barrel, companies need to reduce costs to be profitable. A recent MIT Sloan School of Management case study1 estimated that an unproductive day in a liquefied natural gas (LNG) facility could cost as much as $25 million. It also estimated that this happens an average of five times a year, costing a company $125 million per year per facility in unplanned downtime.

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Bright Wolf

Bright Wolf enables solutions that transform people, processes and products through the Internet of Things. Bright Wolf’s purpose built platform, shaped by decades of connected systems experience and augmented by our full spectrum application development, operations and support services, accelerates development and deployment of industrial strength, future resistant interconnected systems allowing companies to harness innovative IoT solutions.

OTHER ARTICLES

HERE’S WHY SMART IOT IS FUTURE

Article | February 15, 2020

The term ‘connectivity’ is no more confined to laptops and smartphones, as we’re witnessing a transition towards smart cities, smart homes, smart retail, connected cars along with connected healthcare to name a few. In this arena where advanced technologies have been blooming at a tremendous rate, IoT is also catching up. IoT has been one such technology that is going to have an impact not only today but also in the coming future. The base for IoT is designed for storing and processing IoT data and is the core of all IoT-related devices and solutions. The base has been set in such a way that it provides an intake of huge volumes of data generated by sensors, user websites, applications and then accordingly initiates actions based on real-time responses and analytics.

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More Than Half of IoT Devices Vulnerable to Severe Attacks

Article | March 11, 2020

More than half of all internet of things (IoT) devices are vulnerable to medium- or high-severity attacks, meaning that enterprises are sitting on a “ticking IoT time bomb,” according to Palo Alto Networks Unit 42 research team. In new research released Tuesday, researchers said that several deep-rooted issues exist around connected devices, both used by general enterprises and in medical environments. At the most basic level researchers found that 98 percent of all IoT device traffic is unencrypted, exposing personal and confidential data on the network. Other issues, like the reliance on outdated legacy protocols and operating systems, are opening up organizations up to older attack techniques that IT teams may not have had to deal with in years. For instance, researchers outlined one attack they discovered of a connected mammogram machine, used in a hospital, by the Conficker worm (malware first discovered more than a decade ago).

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5 Ways the Internet of Things is Changing the Game for Education and Learning

Article | March 27, 2020

There’s been so much buzz about the Internet of Things (IoT) in the past couple of years. For today’s youngsters, the day will come when a computer is no longer seen as a separate object or device. With technology very much entwined in the basic fabric of everyday living, our children might feel offended if their obedient room lamp doesn’t immediately acknowledge their presence by switching itself on. Over time, IoT will be a mindset rather than a steady stream of technology. Even though every other device in our homes, workplaces, or surrounding environments will be intelligent enough to connect and talk to each other, people will inevitably focus on the transformational possibilities for our world.

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IoT Adoption: Before and After COVID-19

Article | April 14, 2020

The survey data I’m referring to comes from a study conducted by the Eclipse Foundation about the adoption of commercial Internet of Things (IoT) technology. The aim of the study was to get a better understanding of the IoT industry landscape by identifying the requirements, priorities, and challenges faced by organizations deploying and using commercial IoT technologies. More than 350 respondents from multiple industries responded, with about a quarter of respondents coming from industrial production businesses. While this survey was not solely focused on the manufacturing and processing industries, its results reflect the general business community’s IoT adoption at the end of 2019. As such, it is a pre-COVID-19 snapshot of IoT adoption.

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Spotlight

Bright Wolf

Bright Wolf enables solutions that transform people, processes and products through the Internet of Things. Bright Wolf’s purpose built platform, shaped by decades of connected systems experience and augmented by our full spectrum application development, operations and support services, accelerates development and deployment of industrial strength, future resistant interconnected systems allowing companies to harness innovative IoT solutions.

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