IOT
Organisations across the globe are facing supply chain challenges brought by various geopolitical tensions , here we look at how IoT can help
WRITTEN BY : CATHERINE GRAY
T echnology shapes the way we live , work and play . As we continue through the fourth industrial revolution , Industry 4.0 , more and more technologies are being introduced that make different aspects of our daily lives easier and more digitised .
The Internet of Things ( IoT ) plays a significant role in this technological era , where the cyber and physical worlds are integrated to create higher levels of automation , increase quality , improve efficiencies and drive hyper customisation .
Working as the data backbone for Industry 4.0 , IoT enables the convergence of data between operational technology and information technology . It works with all critical technology such as cloud , 5G , edge computing and AI to drive real-time controls and decision making .
“ IoT delivers real-time access to data on the location , health and performance of a particular industrial asset , making that information available for analysis and action by AI and human experts and helping them make sense and pull actionable and meaningful insights . This in turn is essential for improving asset efficiency , increasing equipment uptime , reducing risks , and minimising costs ,” says Bjorn Andersson , Senior Director , Global IoT at Hitachi Vantara .
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