June 10, 2016
The magnitude of the IoT’s evolution is momentous, with more than 80bn internet-connected devices projected to be in use in 2024, up from fewer than 20bn in 2014. When we then couple the data produced, and processes involved in the interaction among things and with people, what results is a powerful model upon which to drive the digitisation and transformation of companies, industries and whole nations. The ability to use standard internet technologies throughout an enterprise, right down to individual field devices, enables new levels of connectivity for people, processes, data and things, ultimately providing greater productivity, better utilisation of assets, and improved decision-making to industrial companies. “The IoT is connecting people in more relevant, valuable, and meaningful ways, delivering the right information to the right person or machine in real time,” says Michael Boland, Distinguished Systems Engineer at Cisco. “Data is being leveraged in more useful ways for better decision-making. It has applicability across all markets, the private sector and governments.” The mining…