A broader look at machine health

Submitted by Dan Yarmoluk on Wed, 09/21/2016 – 11:41 The interest in Industry 4.0 and the Industrial Internet of Things continues to rise, but the IIoT remains difficult for many to get their arms around. The sources of confusion? Myriad terms and definitions, complicated business processes, shifting value chains and evolving business models.  Manufacturing, however, holds some of the most exciting opportunities and offers the most economic benefit in terms of cost savings, new revenue streams and efficiencies. Our near-term focus should be broader visibility of critical machine health through connectivity and reporting.  Bruce Sinclair’s “The Internet of Things Show” podcast recently featured a great interview with SAP’s Tanja Rueckert, who detailed how IoT-enabled solutions in connected manufacturing include connectivity, intelligence, pattern analysis and, ultimately, predictability. She noted how predictive…

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