Yokogawa Electric Corporation announces that it will work with Microsoft Corporation, FogHorn Systems, Inc., Bayshore Networks, Inc., and Telit IoT Platforms, LLC to integrate their technology into an industrial IoT (IIoT) architecture for the delivery of new services. With this architecture, Yokogawa aims to transform its business model, expand its business scope, and help its customers run their businesses more efficiently.
IIoT technology is now ready for practical use thanks to advances in network technology, the availability of low-cost, large-capacity data communications, and the shifting of corporate information systems to the cloud. However, the use of IIoT technology presents many technical challenges in such areas as sensing, automation, and security, and it is also costly to build such systems and develop the necessary applications. With its wide range of expertise in fields ranging from sensor technology to control logic and applications technology, Yokogawa will be able to help its customers address issues they face in their business by providing end-to-end solutions that incorporate sensing, control, and cloud-based processing.
Through this architecture, business process applications can be configured that enable plug-and-play sensors, sensing clouds with automatic provisioning, database clouds, historian (data storage) clouds, and application development environments to work together. These four companies each possess technologies that will be key components of this IIoT architecture. More details here.