A Look at The State of Industrial IoT Adoption in 2018 Thinkstock

A Look at The State of Industrial IoT Adoption in 2018

In this honest assessment of IIoT progress, we consider why, in many ways, IIoT adoption seems to be in an early phase of development.

The industrial Internet of Things still feels like an emerging technology today, even though some industrial players have been working with related technologies for decades.

The good news is many analysts and industrial executives remain upbeat about the potential of IoT technology in the industrial realm. Yet while the number of industrial IoT deployments is steadily growing, a number of challenges continue to exist, and many IIoT projects remain in an early phase of development. Meanwhile, many organizations worldwide are still struggling to align their IIoT projects across departments.

Why? While tech-related issues such as cybersecurity and sensor data overload can plague IIoT adoptions, the top hurdles may be cultural or business related.

In this report we:

  • Take a look at the global industrial IoT landscape by assessing the current state of industrial IoT adoption worldwide.
  • Breakdown the power and pitfalls of digital twins and how they can be vital for industrial organizations in the future, but why successful deployment won’t be easy.
  • Discuss how the industrial Internet of Things has the potential to drive new revenue with new business models, but you need to develop a realistic step-by-step plan to get there.
  • We also look at how savvy industrial organizations acknowledge the game-changing potential of the industrial Internet of Things’ potential to drive new revenue with new business models, but develop a realistic step-by-step plan to get there.