Prospects for growth in industrial IoT solutions are looking up as Industrial IoT Edge 2.0 emphasizes ease of use, self-service, turnkey operation to address the complexity associated with early installations, which has been a significant growth governor to date.
Business models are changing in the age of IIoT. Many industrial enterprises are moving from large capital expenditures toward a "pay-as-you-go" model; commonly referred to as equipment-as-a-service (EaaS), or in some cases “Servitization”.
The use of a wide variety of mobile devices can expand the reach of mobility in EAM systems. In addition, handheld smart devices have grown in capability alongside EAM and field service systems with technologies like GPS, GIS, RFID, and embedded cameras.
Data or information modeling enable information interoperability by specifying the content of specific information and where it is stored. Models for asset information enable these types of data to be managed efficiently.
End users must focus in on getting the most out of their installed assets from several viewpoints. Any automation project today requires a compelling business case. ARC has identified several scenarios where migration is required. Like other capital assets, automation assets have a lifecycle. At the end of that lifecycle, it becomes necessary to plan and execute a control system migration.
As part of our considerable coverage of cybersecurity at the ARC Industry Forum in Orlando this February, we will continue to discuss the importance of device level cybersecurity for manufacturing operations. Unfortunately, today’s device-level networks and connected devices may have little in the way of protection from cyber-attack.