Feature: IIoT
• The oil & gas vertical is projected to grow at the highest CAGR of 8.9 per cent during the forecast period owing to the increasing need for remote patient monitoring. The global manufacturing vertical is transforming with the introduction of new approaches and technologies, such as smart factories, cyber- physical systems and intelligent robotics. Moreover, governments in countries such as Germany, the UK, France, the US, China and India have taken several initiatives to develop their manufacturing verticals.
• In the energy vertical, smart grids integrate information and communication technologies (ICT) with power generation and distribution systems to dynamically optimise the demand and supply of electricity. Te manufacturing industry is constantly evolving, making it
possible to design products and services that are highly reliable and energy efficient. Tis requires devising new approaches toward product designing and modernising factories and support infrastructures. With improved communication networks and data processing, the manufacturing industry can achieve enhanced operational efficiency, workforce safety and business sustainability.
Industrial IoT solutions are expected to fundamentally change
the way products are designed, manufactured, transported and sold using wireless connectivity and data analytics. Tey are also expected to help manufacturers improve their resource efficiency and safety, as well as obtain improved returns on their assets. For instance, in March 2024, Emerson Electric Co. (US)
announced the new PAC Systems Compact Industrial PC (IPC). Tis rugged industrial computer is designed to handle a wide range of machine and discrete part manufacturing automation applications. Te new solution is intended to serve manufacturing sites and OEM machine builders in need of a ruggedised, compact and durable IPC to support their Industrial Internet of Tings (IoT) and other digital transformation initiatives cost- effectively. Te adoption of industrial IoT solutions in the manufacturing
sector is in its initial stages. Most global manufacturers are conducting pilot studies at one or more plants before deciding on the deployment of these solutions across all locations. Some of the hurdles faced by the manufacturers while adopting industrial IoT solutions include incompatibility with legacy equipment, data connectivity issues and data security concerns.
www.electronicsworld.co.uk March 2025 21
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