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Every decade does have its big manufacturing trends and hyped-up IT issue(s). Remember Y2K? Nowadays there are various topics which were the main topic of numerous articles in manufacturing trade publications. Some examples are:

The World Wide Web of Things (IoT)

Big Data

Cloud Computing

Industry 4..

Every one of these trends involve automation parts networked together and plenty of data open to do things. Additionally they include deciding whether data is stored and applications accessed from your computer alongside you or from a server located elsewhere.

The good news is: The supporting technologies behind all the buzzwords happen to be available. Are they empty hype, a valid threat, or an opportunity? (the correct answer is yes). In this article, I’ll tackle each of these topics one at a time, centering on what you should know to sort out reality and react to each.

1. Connected Industrial Devices aka the world wide web of Things (IoT)

The IoT is approximately a lot of industrial devices networked together. As an example, I’ve encountered automotive plants with 8,000 devices on one network and consumer products plants with 12,000.

The benefits of networking these units include:

Managing anything from anywhere.

Reducing complexity and hardware costs with one network technology.

Moving control and data anytime.

Expanding all this easily.

The Net of Things (IoT) is about connecting industrial devices together and taking advantage of the connectivity for business improvement.

The challenge is at learning the brand new technology and discovering how to carefully design for systems that dwarf the largest fieldbuses.

Because the IoT concept continues to develop, vendors and standards groups will handle the difficult stuff. The technology will evolve to accommodate the proximity sensor will be added, everything is going to be made safer, higher quantities of network traffic will get managed, plus more IP addresses will be created.

When all is said and done, you’ll have the capacity to continue as before, just with some more zeroes in the volume of devices on your network.

Ultimately, however, it will likely be your decision to determine how your company can operate differently when virtually anything might be on your own network.

2. The Subsequent Frontier of Manufacturing IT: Big Data

Big Info is about having a lot of information to use. A decade ago, manufacturers recognized they can and must store production data and, in reaction, they added storage space in an alarmingly fast rate.

The Large Data Challenge

Given that this all information is at hand, more than one manufacturer continues to be known to say: “We’re collecting everything, but we aren’t really using any of it; and that we aren’t sure what we should ought to do from it all.”

This trend continues today, but with software that understands how to analyze and assist you to use that data. Among the best technology is derived from online search engine and web companies, like Google and Amazon that measure, interpret and record every twitch their users make. Vendors continues to create data transport and storage bigger and faster, and definately will keep creating software to assist you take advantage of the data.

The process with Big Data is how you can apply it to gain efficiencies, insight speed and competitive advantage.

The Large Data Opportunity

Your final decision is how you can connect the data “gold” in your hands in your company’s business challenges to see new opportunities to gain efficiencies, insight, speed and competitive advantage.

3. Cloud Computing

Cloud computing is around storing your data and computing power somewhere apart from the pc next to you. Today, most see cloud computing as the opportunity to gain more computing power and storage space, while reducing the total cost of maintaining and managing IT equipment and software. They also see new methods to collaborate with others.

While the computing aspect of cloud computing features a ways to attend become truly viable for that industrial space, storage is on its way on strong as a simple way to backup and share data.

The Cloud Computing Challenge

Much like the IoT and Big Data, vendors will handle the technology issues here too. Your job is always to measure the benefits and perils associated with owning your critical data available and secure after it is located and managed by other people, in other places.

From the industrial world, we define “real-time” and “mission-critical” distinct from the IT group, so our comfort level as to what and just how the cloud will work for us can vary dramatically. Proceed here with caution.

The Cloud Computing Opportunity

Once satisfied, however, you are able to determine how your enterprise might benefit with virtually unlimited computing power, storage and, eventually, new avenues of collaboration.

4. Industry 4.

Industry 4./Manufacturing 4., which originated in Germany, is all about the strategic consumption of smart devices. Like a frame of reference, think of this:

Inside the 1990s, an image eye was available that held a lot more than 30 components of information when networked on DeviceNet.

Approximately the same time, variable frequency drives (VFDs) and motor starters went from having just a few analog and digital signals tied in with their capacity to sharing hundreds of items of information when networked.

The purpose here is the technology behind Industry 4. isn’t new.

The Business 4. Opportunity and Challenge

The brand new opportunity 68dexspky Industry 4. is applying the great deal of information provided by smart, networked devices to revolutionize industrial processes.

The problem is to think big and drive the change necessary inside your organization to capitalize on information on the market today to for fulfillment tomorrow.

Poised to consider Advantage

Considering the fact that the supporting technologies behind each one of these EZ-8M concepts can be purchased today, now you ask ,: Are you ready to benefit from them?

Partly 2 of this series I am going to address the steps you must choose to use make the most of these 4 big trends. I will also present a few ideas of how these trends might be utilized by forward thinking organizations.

What is your opinion of Big Data or the Internet of Things? Is your organization examining using them for competitive advantages? I look ahead to hearing your feelings.