The Industrial Internet of Things (IIoT) is entering a new stage to one where enterprises are testing the technology, with predictive maintenance as the starting point for many, says Chris Nelson, VP ...

A recent Bain & Company report suggests predictive maintenance is just one area of industrial IoT that hasn’t met expectations. “Two years ago, predictive maintenance was forecast to be one of the ...

Manufacturers are reviewing industrial IoT programmes from years of heavy tech spending as boards seek clear links to ...

Imagine if a technician somehow knew that one of your home devices was going to fail soon, and showed up with the correct tools and parts to fix it at just the right moment. How much time, money, and ...

Industrial IoT deployments tend to show clear returns when they connect directly to measurable costs such as energy use, ...

Predictive maintenance tools can be used to identify problems before they occur, thereby allowing fleet managers to avoid costly and risky breakdowns The term “fleet management” refers to the ...

However, not all innovations are equal and nor do they follow a constant upward trend. Instead, their evolution takes the form of an S-shaped curve that reflects their typical lifecycle from early ...

As the world of industrial technology has become more competitive, companies have realized the importance of being able to adapt quickly to unpredictable changes in workflow and production. When ...

The automotive industry continues to be a hotbed of innovation, with activity driven by the need to reduce maintenance cost and improve customer experience and safety, and growing importance of ...

Manufacturers know that unscheduled downtime due to tool failure is costly. Industrial Internet of Things (IIoT) solutions can help predict the maintenance needs of factory tools before they fail, ...

Infrastructure services company Downer and Microsoft have revealed details of an Azure-based IoT platform delivering predictive maintenance capabilities to Sydney’s train fleet. Downer and Microsoft ...

Predictive maintenance has been estimated to save millions of bucks worldwide by avoiding unexpected machinery accidents. It has also been found that about 51% of industries have computerized their ...