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WHY MANUFACTURERS NEED AN IIOT STRATEGY
The Industrial Internet of Things ( IIoT ) serves to increase the value in manufacturing environments and reduce waste through the use of technology . Darren Sepanek , Head of Global Partner Marketing , Liferay , tells Intelligent CIO how organisations can prepare and implement an IIoT strategy that provides access to real-time data and analytics , and enables maximum business benefits .
As if manufacturers weren ’ t already concerned about evolving technologies and industry trends , COVID-19 has only added more pressure to find ways to protect businesses from further disruptions and quickly changing circumstances , and to develop rapid response capabilities in order to make smart decisions as close to real time as possible .
Enter the Industrial Internet of Things
Those who choose to invest in the IIoT are doing so to achieve a competitive advantage , to control costs , increase production and to analyse their data to address problems faster .
In the latest iteration of the industrial revolution , or Industry 4.0 , the goal is to increase the value in manufacturing environments and reduce waste through the use of technology . A significant element of this and a new business imperative is the need for manufacturers to collect integrated and reliable data to make informed decisions in real time or the Industrial Internet of Things ( IIoT ). Those who choose to invest in the IIoT are doing so to achieve a competitive advantage , to control costs , increase production and
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