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How the IIoT is Delivering on the Promise of Asset Performance Management Part 1

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If you had researched the Industrial Internet of Things online in the mid-1990s, there might have been a handful of results. But if you searched on terms like asset performance management, predictive maintenance, and computerized maintenance management, you would have found thousands of entries. While such maintenance automation is finally gaining a foothold in industry, realizing its full potential has been hampered by limited access to the contextual data related to things like system wear and performance degradation. As more industrial devices gain intelligence and Internet connectivity, however, their data histories are increasingly exposed, offering advanced maintenance applications a richer supply of data for analysis. And all indications are that the number of digitally-enabled industrial devices is growing dramatically. CISCO[1] projects that more than 50 billion things will be connected to the internet by 2020, resulting in more traffic, more data, more storage, and more en...