A move towards Industrial Control Software that fulfills the promise of IIoT
Over the last several years, much has been communicated across industial sectors regarding the convergence of Information Technology (IT) and Operations Technology (OT). Concepts such as digitalization, enhanced connectivity, big data and advanced analytics have many in the industry excited about the promise of higher productivity, lower operational costs and enhanced customer satisfaction. Most of the excitement, however, has been generated around the “theory” of the Industrial Internet of Things (IIoT). According to Accenture , the Industrial Internet of Things (IIoT) could add $14.2 trillion to the global economy by 2030 and is “arguably the biggest driver of productivity and growth in the next decade.” Although the theory is attractive, the actual “practice” of implemening true IIoT solutions has been less publicized. However, evidence that IIoT and IT/OT convergence are driving business benefits is starting to emerge. A new generation of engineering tools With industrial...