industrial internet of things (iiot) - infographics by rapidvalue solutions

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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 trillion Amount the industrial internet could add to global GDP over the next 20 year 50 billion Connected 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 offer a range of services across various industry verticals. RapidValue delivers its services to the world’s top brands and Fortune 1000 companies, and has offices 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. 2014E 2015E 2016E 2017E 2018E 2019E 2020E $0 $40 $80 Improved Efficiency 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 affecting 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 Term Near Term Operational Efficiency 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

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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.

2014E 2015E 2016E 2017E 2018E 2019E 2020E

$0

$40

$80

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