Internet of Things
Some 60 percent of IIoT initiatives stall at the proof-of concept stage, and only 26 percent of companies have had a deployment they considered a complete success. That’s the conclusion of a global survey of 1,845 IT and business decision-makers across a range of verticals, including manufacturing, transportation, and energy.
Unfortunately, these companies lack a clear understanding of how their initiatives relate to the problem they’re trying to solve.
No surprise that they spend great sums of money on deployments that don’t deliver meaningful outcomes. What’s needed is a process that lets businesses take the guesswork out of the equation by applying scientific testing to a specific problem.
In this way, manufacturers can determine how a particular IIoT project will improve efficiency and productivity, or reduce costs, before spending significant time and money in deployment. Read People, Technology Power Machine Uptime for more about organization-wide collaboration.