Business Are you as much as par?

The Industrial Internet of Things (IIoT), successfully used in thousands of companies across Australia, is no longer the next level in industrial automation. It's today's level.

By Peter Howard.

After IIoT has successfully grown up, it is firmly established and a proven success. Despite the fact that after the deal companies have reported unimaginable gains with IIoT initiatives, there is this content that you must watch, wait, and wonder as their companies grapple with the same problems that IIoT companies have solved.

In the first of three Industry 4.0 features for 2021, Retail World is exploring the exciting and rapidly evolving world of IIoT through the lenses of three different companies. Everyone is involved in a different aspect of IIoT and everyone is working to make IIoT travel easier for Australian companies.

The sensor and digital automation specialist Balluff is represented in 68 countries and is seen by many as an important partner in IIoT projects. Retail World asked Australian Sales Director Jim Wallace what his considerations would be when it comes to the right time for manufacturers to consider IIoT solutions.

"If you're a manufacturer and your goals are things like reducing your manufacturing costs, increasing machine uptime, reducing downtime, improving asset utilization, or reducing scrap rates, you should probably look at an IIoT solution," he said.

"If we can measure something, we can improve it. I am surprised how many manufacturers continue to operate without the real-time data visibility that IIoT provides."

Read more about the Industry 4.0 function in the latest issue of Retail World magazine.

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