As manufacturers have likely heard again and again, there are many benefits to implementing Industrial Internet of Things (IIoT) solutions. Though no two environments are the same, there are some key benefits that all manufacturers will appreciate: new revenue streams, cost savings, flexibility, and increased visibility, which enables better decision making.
In rapidly changing markets, the IIoT allows companies to stay relevant, giving them data to guide decisions and make a business case for innovation, allowing them to put out products faster and at a lower cost.
But many manufacturers are still hesitant to implement a full IoT Solution. Some are held back by budget concerns; more still are held back by fear of the unknown. It’s hard to know where to start. Technology changes so quickly that one can get overwhelmed and fear the risk of making the wrong decision. Most lack in-house knowledge and hiring a whole implementation team can be an expensive, risky, and time-consuming proposition.
So, in addition to the many benefits of IIoT, there are several perceived risk.
relayr’s solution addresses these concerns, ensuring that only the benefits remain, with a three-pronged approach to IIoT implementation, comprising:
Click through to read the ebook by relayr and Generis Group and learn about the 3 Critical Components for a Full Industrial IoT Solution.