The industrial Internet of Things or Industry 4.0 is no longer a strange distraction for those who want to research innovations. This is a common approach that is changing both manufacturing and retail.
By Peter Howard.
A competitive advantage
The IIoT is no longer a bizarre distraction for those who want to research innovations. It is a mainstream approach that is changing both manufacturing and retail. hence it is called the fourth industrial revolution. The pace of advancement in robotics, sensors, data mining and AI combined with the freedom enabled by cloud computing means that smart factories and pinpoint marketing strategies will soon become the norm rather than the exception and those who ignore the opportunities that arise, doing this quickly will be left behind.
Make sense
Today's sensors can monitor and measure with exceptional precision, making them suitable for almost any application in the most demanding environments. For manufacturers looking to increase their level of automation, it is exciting that sensors, actuators, and other independent low-level devices in their current factory automation processes are an easy step to update and replace with commercially available IIoT-enabled devices.
Read more in the July edition of Retail World.