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INSIGHTS

IIoT and opportunities it bring to security

IIoT and opportunities it bring to security
More and more, the IoT has taken the industrial world by storm. Against this backdrop, security companies are in a unique position to offer solutions that help plants and factory operators meet their needs.

More and more, IoT and manufacturing are intricately tied together, creating what is called the Industrial Internet of Things (IIoT), whereby all production assets in a plant or factory are connected to help operators lower cost, maximize efficiency, and ensure employee safety. Against this backdrop, security companies are in a unique position to offer solutions that help plants and factory operators meet their needs.

In a field survey conducted by industrial portal industryweek.com, IIoT is expected to do the following: reduce defect rate from 4.9 percent to 2.5 percent; lower unplanned downtime from 11 percent to 5.8 percent; reduce annual energy cost from US$8.4 m...



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