industrial internet of things (iiot) - infographics by rapidvalue solutions
TRANSCRIPT
It is believed that within the next decade, the Industrial Internet of Things
revolution will dramatically alter manufacturing, agriculture, transportation,
energy and other industrial sectors of the economy. It will change how
manufacturers compete and will redraw industry boundaries.
THE INDUSTRIAL INTERNET OF THINGS
46%Percentage of global economy
that can benefit from the
industrial internet
100%Industrial internet potential
impact on energy
production
44%Industrial internet potential
impact on global energy
consumption
$15 trillionAmount the industrial internet
could add to global GDP
over the next 20 year
50 billionConnected devices
by 2020
81%Of industrial companies agree that
adoption of IIOT is the key to
success in the future
Source: GE
Source: BI Intelligence Estimates, 2015
Source: World Economic Forum
A Game Changer for the Manufacturing Industry
Estimated Annual Manufacturing IOT Investment( Global )
Adoption and Impact Path of IIOT
Benefits of IIOT to Manufacturers
IIOT Use Cases
More Things to Come in the Future
© RapidValue Solutions
RapidValue is a leading provider of end-to-end mobility, Omni-channel, IoT and cloud solutions to enterprises worldwide. Armed with a large team of experts in consulting, UX design, application development, testing along with experience delivering global mobility and cloud projects, we o�er a range of services across various industry verticals. RapidValue delivers its services to the world’s top brands and Fortune 1000 companies, and has o�ces in the United States and India.
Website: www.rapidvaluesolutions.com Call us: +1 877.643.1850 Email us: [email protected]
Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things (IIOT) by 2020.
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Improved E�ciency
Optimized Asset Utilization
Improved Uptime
Predictive Maintenance
Remote Management
Improved Productivity
Human Machine Collaboration
Connected Ecosystem
Sensor enabled pipes that
will detect leaks on their
own.
Autonomous vehicles that
will reduce the problem of
driver shortage and
improve safety of vehicle
and goods.
Pre-emptive maintenance
will reduce machine
downtime in factories.
Manufacturers will be able
to detect and address
sudden changes in
demand in real-time.
Functional managers can
check on specific machines,
schedules, inventories, etc.
at any time, in full detail,
remotely.
Remote Monitoring
A printed electronics plant
uses IIOT to control
environmental conditions
a�ecting production and
take measurements of
temperature, humidity and
pressure. The
measurements are collected
wirelessly to a cloud service.
Control of Plant
Companies are using IIOT to
improve how their machines
perform and are serviced.
Machines are tagged with
sensors throughout the plant
and by loading a mobile
application an operator can
easily know what needs
attention or service.
Plant Asset Management
Manufacturing companies can
now use smart forklifts that
signals when it needs to be
serviced, has anti-slip
technology that monitors
wheel spin and improves
traction on slick floors, has
collision detection, fork speed
optimization, and more.
Intelligent Forklift
Long TermNear Term
Operational E�ciency
Asset utilization
Operational cost reduction
Worker productivity
New Products & Services
Pay-per-use
Software-based services
Data monetization
Outcome Economy
Pay per outcome
New connected ecosystems
Platform-enabled marketplace
Autonomous, Pull Economy
Continuous demand-sensing
End-to-end automation
Resource optimization & waste reduction