Is Your Company Falling Behind in the IIoT Revolution?

Is Your Company Falling Behind in the IIoT Revolution? | SPONSORED

A new report reveals that Industrial IoT (IIoT) is transforming industries, driving efficiency and productivity gains for companies worldwide. This technology is no longer a futuristic concept, it’s essential for staying competitive in today’s rapidly evolving market.

The report, based on a survey of 350 IIoT professionals, highlights the significant business impact of IIoT, including increased productivity, improved Overall Equipment Effectiveness (OEE), and reduced overhead costs. Don’t be left behind – download the full report to learn how to leverage IIoT for your business’s success.

Overcoming the Challenges of IIoT Implementation

The report acknowledges that implementing IIoT systems isn’t without its hurdles. Lack of leadership support, budget constraints, uncertain ROI, and cybersecurity concerns are cited as major challenges. Notably, a staggering 80% of IoT projects fail to scale due to integration complexities and difficulties in supporting expanding systems.

Successfully navigating these challenges requires a strategic approach. The report emphasizes the need for clear ownership of the IIoT strategy, ideally a collaborative effort between IT and OT departments. Additionally, establishing clear KPIs and measuring them consistently is crucial to demonstrating ROI and securing continued investment.

Key Trends Shaping the Future of IIoT

The report also sheds light on emerging trends in the IIoT landscape. MQTT remains the dominant protocol for IIoT systems, favored for its lightweight and reliable nature. Sparkplug, an open-source specification built on MQTT, is gaining traction for its ability to seamlessly integrate data from various sources.

Looking ahead, the report identifies Generative AI, digital twins, and Unified Namespace as transformative technologies with the potential to further revolutionize industrial operations.

Don’t miss out on the insights this report provides. Download it today to:

• Understand the state of IIoT in 2024 and its potential impact on your industry.
• Learn how to overcome common challenges in implementing and scaling IIoT systems.
• Discover the key technologies and trends shaping the future of industrial operations.

The full report, sponsored by HiveMQ, offers a wealth of information to guide your IIoT journey.

Sponsored by HiveMQ