Industrial Internet of Things

The Industrial Internet of Things (IIoT) is often presented as a revolution that is changing the face of industry in a profound manner. In reality, it is an evolution that has its origins in technologies and functionalities developed by visionary automation suppliers more than 15 years ago. As the necessary global standards mature, it may well take another 15 years to realize the full potential of IIoT. Over this period of time the changes to the industry will be far reaching. The good news is that end users and machine builders can now leverage their existing investments in technology and people while taking advantage of available new IIoT technologies. Introducing IIoT solutions using a “wrap & re-use” approach, rather than a “rip & replace” approach will enable greater business control. In addition, this measured approach will drive the evolution towards a smart manufacturing enterprise that is more efficient, safer, and sustainable. The emergence of the IIoT megatrend has created both hope and confusion among stakeholders responsible for operating industrial plants. Much of the early hype is focused on the impact of technological advancements on existing automation platforms.

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Source: Schneider Electric