IIoT


Also found in: Acronyms.

IIoT

(Industrial Internet Of Things) See Internet of Things.
References in periodicals archive ?
Zyfra IIoT Platform is a complex software system for data collection, storage, and analysis, based on IIoT, AI and ML.
The "Industrial Internet of Things (IIoT) Market Size, Share & Trends Analysis Report By Component, By End Use (Manufacturing, Energy & Power, Oil & Gas, Healthcare, Logistics & Transport, Agriculture), And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The IDC MarketScape report examines the capabilities and strategies of PTC and 11 other IIoT platform vendors.
Launched in partnership with YouGov and International Data Corporation (IDC), the report revealed that 53%, 50% and 26% of the senior decision-makers in the buildings and cities sector are considering IIoT technologies for improved operational efficiencies, time savings, and increased revenues, respectively.
"We're thrilled to be recognized for our work in supporting our customers to find the right solution for their IIoT requirements," said Dr.
More than 70 per cent of medium-to-large organizations in the buildings and cities sector in the UAE and Saudi Arabia expect to increase spending on digitalization and Industrial Internet of Things (IIoT) technologies in the next five years, a report said.
Findings from the "IIoT Market Spotlight -- UAE & Saudi Arabia" report, which Honeywell has launched in partnership with YouGov and IDC, also reveal that senior decision-makers in the buildings and cities sector are looking to IIoT technologies to capture key benefits including improved operational efficiencies (53%), time savings (50%) and increased revenues (26%).
With the availability of the Telit deviceWISE gateway technology on the ioTium Edge App Store for single-click deployment, the innovative leaders jointly solve IIoT deployment complexities and management challenges faced by industrial enterprises operating in Industry 4.0.
A majority of medium-to-large organisations in the UAE (68 percent) and Saudi Arabia (66 percent) believe that Industrial Internet of Things (IIoT) technologies are critical to business operations, or will become critical in the next five years, according to the recent industry report.
Market Research Engine also recently released a report that predicts the global IIoT market to top $205 billion by the year 2024, with growth at a CAGR of more than 8% during from 2018 to 2024.
There continues to be significant opportunity for industrial manufacturers to differentiate their product and service offerings and improve worker efficiency across their factory operations by leveraging IIoT technologies.
Amid this industrial paradigm shift, aggregates companies now realize that embracing IIoT is essential to secure and bolster their competitive edge.