Don’t forget! The Industrial Internet of Things Relies on Stable Power
According to McKinsey & Company , digitizing information-intensive processes can cut costs by up to 90 percent and reduce turnaround times by several orders of magnitude. Accenture forecasts reinforce this vision with models that predict an additional $2 trillion USD of economic output by 2020 as a result of digitization-driven productivity. In the rush for businesses to cash-in on this Industrial Internet of Things (IIoT) trend, investments are growing rapidly in projects that integrate smart devices, big data, analytics and other digitalization-related tools. However, stakeholders will need to understand that this digital expansion will require a rethinking of how these new “connected” applications fit into their business continuity planning. As digitized systems grow in popularity across industries, uptime in the form of steady consistent power protection becomes critical to business productivity and profitability. How power protection can secure digitalization gains A...