Press release
Factories to Undergo Transformation with Innovative IIoT Systems and Tools
Industrial Internet of Things (IIoT) has brought a significant transformation across the world with manufacturing factories gearing up with new systems and tools. Achieving efficiency and preventing disasters have been possible with the help of automation.
Market players have launched new products and systems to help manufacturers improve the process and ensure the safety of their assets and workforce by determining accidents beforehand.
Access Full Summary: https://www.alliedmarketresearch.com/industrial-internet-of-things-IIOT-market?utm_source=OPENPR
A smart research tool has been offered by the Industrial Internet Consortium (IIC) to enable market players have an access of resources that would be used in development of IIoT systems for their plants. In addition, the real-time monitoring and maintenance offered by IIoT systems have enabled plant owners to respond rapidly during emergency situations. Schneider Electric has deployed a system to improve efficiency and take immediate actions if an emergency situation arises. According to the research firm Allied Market Research, the global industrial internet of things (IIoT) market would reach $197 billion by 2023. Following are some of the recent activities in the industry:
A smart research tool by IIC:
The Industrial Internet Consortium (IIC) announced the IIC Resource Hub, which is a new interface that would help users access resources for IIoT industry developed by the consortium. Moreover, it would enable access to IIoT Project Explorer, which is a web-based tool to help users in the analysis and planning of their projects. Dirk Slama, the Vice President of Business Development at Bosch Software Innovations outlined that the essential resources offered in the hub would lead to successful implementation of IoT products in the industry and provide multibillion-dollar opportunities.
Request Sample Report: https://www.alliedmarketresearch.com/request-sample/4553?utm_source=OPENPR
The IIoT Project Explorer would be helpful in assessing IoT projects. It enables users to find a solution and develop a mutual communication between technical and business stakeholders. In addition, a method for implementation, rollout, and growth can be developed. The Consortium outlined that this hub is a significant tool to enable strategizing, analysis, and planning of IIoT projects.
Innovative IIoT systems:
Businesses have deployed IIoT infrastructure to counter disasters and accidents in the factory through automation. The real-time monitoring and maintenance enable owners to respond rapidly during emergency situations. Power plants and refineries have been reaping benefits of virtualization to reduce latency. One of the major benefits of IIoT infrastructure is to ensure safety of assets and workforce operating in the factory.
Various market players have launched various safety systems to prevent catastrophes and accidents. Schneider Electric launched a safety instrumented system (SIS) that tracks different variables including an indication for an exothermic reaction. When owners or managers detect sudden change in variables, they can rapidly take actions to shut the process down. Lyden, a firm which employs SIS, outlines that the system ensures the plant is shut down before occurrence of catastrophe or critical accident. If a process speeds up or a component loses control, SIS comes into picture and shuts down the operation. These innovative systems would add a lot of value in operations of an organization.
Another system deployed by Schneider Electric for shifting redundancy on virtual machines (VMs) Wind River’s Titanium Control on-premises cloud infrastructure platform. This platform enables organizations to maintain fast failover along with automated control. Moreover, programmable logic controllers (PLCs) of Schneider Electric operating on Wind River’s VxWorks real-time operating system (OS) allows power plants and chemical plants to autonomously control the operations.
These autonomous functions allow control of the temperature, pressure, and flow of energy. These systems have changed the way organizations operate and improved efficiency to the great extent along with enabling safety of assets and workforce.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Market players have launched new products and systems to help manufacturers improve the process and ensure the safety of their assets and workforce by determining accidents beforehand.
Access Full Summary: https://www.alliedmarketresearch.com/industrial-internet-of-things-IIOT-market?utm_source=OPENPR
A smart research tool has been offered by the Industrial Internet Consortium (IIC) to enable market players have an access of resources that would be used in development of IIoT systems for their plants. In addition, the real-time monitoring and maintenance offered by IIoT systems have enabled plant owners to respond rapidly during emergency situations. Schneider Electric has deployed a system to improve efficiency and take immediate actions if an emergency situation arises. According to the research firm Allied Market Research, the global industrial internet of things (IIoT) market would reach $197 billion by 2023. Following are some of the recent activities in the industry:
A smart research tool by IIC:
The Industrial Internet Consortium (IIC) announced the IIC Resource Hub, which is a new interface that would help users access resources for IIoT industry developed by the consortium. Moreover, it would enable access to IIoT Project Explorer, which is a web-based tool to help users in the analysis and planning of their projects. Dirk Slama, the Vice President of Business Development at Bosch Software Innovations outlined that the essential resources offered in the hub would lead to successful implementation of IoT products in the industry and provide multibillion-dollar opportunities.
Request Sample Report: https://www.alliedmarketresearch.com/request-sample/4553?utm_source=OPENPR
The IIoT Project Explorer would be helpful in assessing IoT projects. It enables users to find a solution and develop a mutual communication between technical and business stakeholders. In addition, a method for implementation, rollout, and growth can be developed. The Consortium outlined that this hub is a significant tool to enable strategizing, analysis, and planning of IIoT projects.
Innovative IIoT systems:
Businesses have deployed IIoT infrastructure to counter disasters and accidents in the factory through automation. The real-time monitoring and maintenance enable owners to respond rapidly during emergency situations. Power plants and refineries have been reaping benefits of virtualization to reduce latency. One of the major benefits of IIoT infrastructure is to ensure safety of assets and workforce operating in the factory.
Various market players have launched various safety systems to prevent catastrophes and accidents. Schneider Electric launched a safety instrumented system (SIS) that tracks different variables including an indication for an exothermic reaction. When owners or managers detect sudden change in variables, they can rapidly take actions to shut the process down. Lyden, a firm which employs SIS, outlines that the system ensures the plant is shut down before occurrence of catastrophe or critical accident. If a process speeds up or a component loses control, SIS comes into picture and shuts down the operation. These innovative systems would add a lot of value in operations of an organization.
Another system deployed by Schneider Electric for shifting redundancy on virtual machines (VMs) Wind River’s Titanium Control on-premises cloud infrastructure platform. This platform enables organizations to maintain fast failover along with automated control. Moreover, programmable logic controllers (PLCs) of Schneider Electric operating on Wind River’s VxWorks real-time operating system (OS) allows power plants and chemical plants to autonomously control the operations.
These autonomous functions allow control of the temperature, pressure, and flow of energy. These systems have changed the way organizations operate and improved efficiency to the great extent along with enabling safety of assets and workforce.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
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