Both edge computing and fog computing are strongly on the rise for the same exact reasons: an IoT data deluge. This IoT data deluge, among others, takes place in the converging worlds of IT and OT (predominantly Industrial IoT) and occurs in general as we keep adding more IoT devices in the scope of mainly large-scale IoT projects, the industrial markets of Industry 4.0 and IoT use cases and applications where a lot of data needs to be analyzed and leveraged, often also in an IT and OT environment as we, for instance, find them in IoT in manufacturing.
A recent technical application guide composed by Cisco, Panduit and Rockwell Automation describes how “Converged Plantwide Ethernet (CPwE) is the underlying architecture that provides standard network services for control and information disciplines, devices, and equipment found in modern industrial automation and control system (IACS) applications.”
Artificial intelligence (AI) and the Industrial Internet of Things (IIoT) have provided opportunities for newer “smart plants” to replace stodgy, old manufacturing systems that aren’t worth rebuilding. Not so in Kentucky. Not so at Schneider Electric. The company welcomed more than 200 customers to the brownfield facility in Lexington, which produces electrical load centers, commonly known as breaker boxes, for residences. Thousands of units come off the lines every day, but the tour focused on EcoStruxure Solutions™, a Schneider Electric IIoT platform. The company not only sells it to customers, it uses it in its own 62-year-old plant, blending old technology with new technology.
Anixter has entered an agreement with an affiliate of private-investment firm Clayton, Dubilier and Rice (CD&R) to be acquired in an all-cash transaction valued at approximately $3.8 billion. Anixter expects the deal, which will take the company private, to close by the end of 2020’s first quarter but is still actively shopping other offers.
Find out how Penn State securely connected and isolated their building controls across 640 buildings in record time, using IIoT micro-segmentation. Download this case study sponsored by Tempered Networks.
IIoT has been slow to take hold, with some pilot projects sputtering out, and many industries hesitant to commit to the large-scale investments needed to bring about true transformation. One recent survey revealed that 61 percent of business leaders believe we have barely begun to scratch the surface of what this technology can do, but even with a positive outlook, progress is slow with many stops-and-starts. However, a number of developments may be pointing to a breakthrough in the near future.
Digital transformation is coming to a warehouse near you. In fact, it may already be in place. Consider this: there were 4,000 robotic warehouses in operation worldwide last year. By 2025, four million commercial robots will be at work in 50,000 warehouses across the globe, forecasts say. That’s a 12-fold increase in the span of just six years. The key to the success for a smart warehouse? Not the robots. Or the management systems. It’s connectivity that is making the industrial internet of things (IIoT) a reality on a massive scale. 4G LTE and 5G networks are up to the task.
Softing has acquired the assets of Phoenix Digital Corporation (PDC), a provider of secure industrial fiber-optic communications products that are ideal for high availability industrial networking sites. The fiber-optic modules eliminate the need for typical Ethernet networking hardware when connecting PLC to PLC, and when connecting PLCs to smart field devices, which the company says simplifies connectivity, nearly eliminates setup and maintenance and drastically improves network robustness.
The Industrial Internet Consortium (IIC) has a new program designed to stimulate IIoT adoption across industry, the better to help IT and OT users solve real problems they face in their businesses. The IIC Accelerator Program encompasses several initiatives to appeal to end users of IoT technology who want to discuss challenges with their peers, get advice from IIC experts, or seek guidance to solve complex technical problems.
The value of the global industrial Ethernet market is set to grow from its current state of more than $25 billion to over $70 billion by 2025 according to a new research report by Global Market Insights, Inc.. The increased level of IIoT adoption among the manufacturing and automotive sectors is driving much of this growth.