deploying these solutions as easy as possible for the end user. The goal is to provide an integrated set of software tools that do enable engineers to “self-service” their own needs when it comes to developing systems, or connecting machines to cloud-based systems. And, of course, everyone agrees that privacy and security are both major issues that needed to be addressed.
One Big Data prediction for 2017 almost guaranteed to come true is that companies will be dealing with more data than ever before. But in the end, the promise of the Industrial Internet of Things has really been all about increasing productivity. Just remember all those initial projections about this technology about “ushering in the fourth Industrial Revolution.”
With business and consumer confidence on the rise, and economies around the world starved for higher growth rates, many feel that effective capital investment and resulting productivity gains will be important metrics to track. And this certainly represents an opportunity for the automation control industry.
The research company IDC is predicting that “by 2020, organizations able to analyze all relevant data and deliver actionable information will achieve an extra $430 billion in productivity benefits over their less analytically oriented peers.”
Relevant and actionable information is definitely the key, and how we’ll measure all of the predictions about the emergence of the IIoT. But more importantly, these trends are pointing to shifts in connectivity solutions that are beginning to play out this year.