Industrial IoT Study – ‘How manufacturers will optimize performance and maximize opportunities’ in Association with MultiTech

Apr 9, 2017
 

Global manufacturing faces an increasing set of challenges in growth, innovation and competition. Globally, gross domestic product (GDP) was at US$30.69 trillion in 1995. By 2014, global GDP reached a new peak at US$78 trillion. As a percentage of global GDP, manufacturing dropped its share from 21.4% in 1995 to 14.7% in 2014. In real terms, manufacturing grew, and yet the rate of growth was substantially less than that of the global economy.

Optimise performance in manufacturing with industrial IoT.

Global manufacturing faces an increasing set of challenges in growth, innovation and competition. Globally, gross domestic product (GDP) was at US$30.69 trillion in 1995. By 2014, global GDP reached a new peak at US$78 trillion. As a percentage of global GDP, manufacturing dropped its share from 21.4% in 1995 to 14.7% in 2014. In real terms, manufacturing grew, and yet the rate of growth was substantially less than that of the global economy.

Industrial IoT (IIoT) has accelerated the pace of innovation and manufacturers are pushed to explore and implement new technologies in IoT while maintaining existing systems and architectures, creating tensions between operational technologies, information technology and IoT implementations. Differences between regions and markets do exist, and globalisation has presented greater competition between markets than ever before. Common to all manufacturers are the continuous needs to reduce costs, improve performance and deliver quality to customers. Combined growth, innovation and competition have the manufacturing industry looking to industrial IoT as a way forward, and as shared in this report, exciting and innovative IoT solutions are reinventing manufacturing.

Download here: https://www.iot-now.com/2017/02/15/58546-industrial-iot-manufacturers-will-optimise-performance-maximise-opportunities/

For additional MultiTech product information or technical support, contact Symmetry Electronics, an authorized distributor of industry leading wireless, audio/video and embedded chips, modules and dev/eval tools (877) 466-9722.



Subscribe

Sign up to get tech news, product updates and store promos from Symmetry Electronics.

Subscribe

Blog Archive

  2019
  2018
  2017
  2016
  2015
  2014
  2013
  2012
  2011
  2010
  2009

Previously Viewed Products