26 Jul
2018

10 Charts to Challenge Your Perspective of IoT's Growth in Food & Bev Manufacturing

Not only do these 10 charts show how connected and networked industries are becoming, but they also show how interrelated they are. Food and beverage manufacturing technology, monitoring, and IIoT are part of this landscape.

Food Manufacturing IIoT
Industry 4.0
Machine Monitoring
Smart Factory
IIoT
10 graphiques pour remettre en question votre point de vue sur la croissance de l'IdO dans l'industrie agroalimentaire

If you think the IoT movement is constrained to a few areas of advancement in the tech world, the infographics in "10 Charts That Will Challenge Your Perspective Of IoT's Growth," in Forbes Magazine just might convince you otherwise. They show the breadth with which IoT is impacting all areas of world industries, healthcare and cities. Not only do the charts and their sources show how connected and networked industries are becoming, but they also show how interrelated they are. Food and beverage manufacturing technology, monitoring, and IIoT are part of this landscape.

Of particular interest from the article by Louis Columbus are two charts on the Industrial Internet of Things (IIoT.)


Food manufacturing technology + IIoT = Digital industrial transformation

Columbus quotes findings buy GE, which state that the, "Industrial Internet of Things (IIoT) applications are relied on by 64% power and energy (utilities) companies to succeed with their digital transformation initiatives. When food and beverage factories advance via monitoring, IIoT and other smart factory practices, they will contribute to the ecosystem GE illustrates in the infographic below.

 

GE-digital-industrial-tranformation-iiot-Food-Manufacturing

Source: GE Digital Industrial Evolution Index Executive Summary, October 2017 (PDF, 67 pp., no opt-in).

 

 

 

Monitoring + IIoT = Market impact

According to one source, "The Industrial Internet of Things (IIoT) market is predicted to reach $123B in 2021, attaining a CAGR of 7.3% through 2020. Accenture forecasts IIoT can add as much as $14.2T to the global economy by 2030. Source: The Industrial Internet of Things (IIoT): the business guide to Industrial IoT." Columbus writes about meeting the demand from this prediction and adds, "Realizing the Internet of Thing’s (IoT) potential to reduce costs and enable new business models needs to start with a platform perspective that includes app development and integration." 



Business-Guide-to-IIoT-Food-Manufacturing-Technology-Monitoring

Source: The Industrial Internet of Things (IIoT): The Business Guide to Industrial IoT.

Source + Read the complete article

 

 

 

 

 

 

 

 

Want to learn more?
Download the ebook
Related blog articles

Articles connexes

Retour au blog
Nous vous remercions ! Votre demande a bien été reçue !
Oups ! Un problème s'est produit lors de l'envoi du formulaire.
27
Juin 2023

Au-delà des chiffres : maximiser le retour sur investissement dans le secteur manufacturier grâce à l'analyse de données

French
19
Juin 2023

Creating a Culture of Change: Strategies for Making Change Stick

English
10
Juin 2019

Serez-vous capable de rattraper les leaders de l'industrie - Partie 2

French

Articles connexes

Retour au blog
Nous vous remercions ! Votre demande a bien été reçue !
Oups ! Un problème s'est produit lors de l'envoi du formulaire.
3
Août 2023

Adopter l'IIoT: la voie intelligente pour permettre aux fabricants d’équipement d’origine de prospérer grâce à un partenaire expert en technologies d’usine intelligente IIoT

En s'associant à un fournisseur de solutions IIoT de premier plan, les fabricants d’équipement d’origine peuvent améliorer l'expérience client, stimuler la compétitivité et augmenter leurs sources de revenus.

French
3
Août 2023

Embracing IIoT: The Smart Path for OEMs to Thrive with a Leading IIoT Smart Manufacturing Partner

By partnering with an expert IIoT solution provider, OEMs can elevate customer experience, boost competitiveness, and grow their revenue streams.

English
1
Août 2023

Comment Worximity transforme les données de votre usine en indicateurs de performance qui stimulent la productivité

Les entreprises manufacturières sont assises sur une mine d'or d'informations et Worximity met ces informations essentielles à la portée des entreprises manufacturières de tous types et de toutes tailles.

French