Capitalize on the Promise of IoT Automation by Mastering the Basics
IoT Evolution World | December 13, 2018
A recent Gartner study revealed that 83 percent of businesses are struggling to make meaningful progress on digital transformation. These findings are in stark contrast to another study of senior level IT professionals at manufacturing organizations regarding their satisfaction with Industrial Internet of Things, or IIoT, which connects machines and devices in industries such as transportation, power generation, and in this case, manufacturing. Eighty-six percent said they believe their solutions are very or extremely effective. These findings are particularly interesting since the majority of these manufacturing businesses are still in the earliest stages of IIoT adoption. According to Bsquare’s IoT Maturity Index, there are five stages commonly associated with IIoT technology adoption. Each phase typically builds on the previous one allowing organizations to drive maximum value as they progress through the index. The stages include: 1) Device Connectivity, 2) Data Monitoring, 3) Data Analytics, 4) Automation and 5) Edge Computing.