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.
20
Nov 2019

Comment améliorer la production en boulangerie avec les solutions d'industrie 4.0

French
4
Mars 2019

À la recherche d'une solution à la pénurie de main-d'oeuvre?

French
30
Mars 2020

Industrie 4.0 - moteur de changement dans l'industrie manufacturière et les opérations

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.
13
Juillet 2023

5 façons dont le monitoring de la production aide à réduire le roulement et à combler le manque de compétences

La technologie a un rôle important à jouer non seulement pour combler le manque de compétences dans le secteur manufacturier, mais aussi pour créer un environnement de travail positif et stimulant qui favorise la loyauté et la rétention des employés.

French
13
Juillet 2023

5 Ways Production Monitoring Helps Reduce Turnover and Bridge the Skills Gap

Technology has an important role to play in not only bridging the manufacturing skills gap but also creating a positive and engaging work environment that fosters employee loyalty and retention.

English
28
Juin 2023

Investir dans l'industrie 4.0 : c'est désormais plus important que jamais pour les manufacturiers d’agroalimentaire et boissons de toutes tailles

La clé est d'adopter l'innovation pour naviguer dans des conditions en constante évolution et rester à l'écoute des demandes des consommateurs, tout en maximisant la rentabilité.

French