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.
12
Nov 2021

Top Elements to Look for When Evaluating Process Manufacturing Software

English
20
Août 2019

Partnership - The difference it makes!

English
1
Oct. 2021

Why the Food and Beverage Processing Industry Can’t Afford Incomplete Data

English

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
Fév 2024

Comment les entreprises ont mis en oeuvre les 14 points de Deming dans le secteur manufacturier

Les 14 points de gestion de Deming ainsi que la suite d'outils de performance de Worximity stimulent l'amélioration et l'innovation dans le secteur manufacturier.

French
16
Fév 2024

Principales différences entre la fabrication discrète et la production par processus

Découvrez le rôle essentiel que joue votre logiciel dans la fabrication discrète et dans la production par processus.

French
23
Janvier 2024

Optimisation des opérations à l'échelle de l'entreprise : analyse de données dans l'industrie manufacturière avec l’aide de Worximity

Découvrez comment Worximity transforme les opérations manufacturières en exploitant l'analyse des données en temps réel, apportant efficacité et innovation à l'Industrie 4.0 tout en responsabilisant les départements au-delà de la gestion de la production.

French