Week in Review: October 25th to 31st – IIoT Prospects
We’ve got Industrial IOT (IIOT) in our crosshair since the launch of Machine Analytics, so maybe that’s the reason we focused on it this week. Or maybe not. Either way, here it is: As digital environments and tools become the norm, businesses that don’t conform to new standards will have staffing issues. A neat infographic shows the concrete way IIoT is helping oil and gas companies boost productivity up to 20% and we also get a deeper look at what cellular networks have to offer to interconnected sensors across sites.
Got your attention? Here we go.
Industry Could Struggle to Attract, Retain Staff Without IIOT
The oil and gas industry could find it hard to attract and retain staff if it doesn’t adopt the industrial internet of things (IIOT), Andrew Hird, vice president and general manager of Digital Transformation at Honeywell Process Solutions, told Rigzone. Speaking at the EMEA HUG conference held in The Hague, Hird stated that IIOT will drive new technologies and outlined that if the upstream oil and gas sector does not allow these new technologies to be deployed, it may lead to staffing issues within the industry.
Read more at Rigzone.
How the Energy Industry Can Use the Industrial IoT to Innovate
As they hunt for more sources of energy, companies are turning to the industrial Internet of Things (IIoT) to achieve these efficiencies and expand operations. Research firm Gartner estimates that 56% of businesses in asset-intensive “heavy” industries like oil and gas will have deployed IoT solutions by the end of 2016. By using wireless connectivity and sensors, energy firms can monitor their assets in the field and achieve higher utilization rates.
Read the whole article at Biztech.
Cellular networks in the IIoT
Cellular networks have emerged as key components of today’s Industrial IoT (IIoT) networks, especially when it comes to long-distance communication with IIoT endpoints that are installed at field sites. Cellular wide-area networks can provide coverage over several miles, and sometimes across countries, as opposed to the limited coverage provided by Wi-Fi networks. However, the typical IIoT application presents cellular networks with additional challenges compared to managing voice calls and high-bandwidth Internet traffic.
Keep reading here.
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