In 2019, IIoT and the Industrial Edge Benefits Will Rely on Predictable Power
Industrial physical infrastructure and the methods for managing industrial assets are transforming before our very eyes. According to IHS Markit , the volume of Cloud/Edge analytics that support manufacturing operations are set to double by 2020 and, by 2030, the installed base of Internet of Things (IoT) devices is projected to exceed 120 billion . Industrial Edge Applications In 2019, technologies such as artificial intelligence, augmented reality, and video analytics will expand their influence and will help to drive these transformations as more and more “ industrial edge ” applications take root (Industrial Edge enriches industrial automation through live and constantly available data and analytics, to drive operations more efficiently and effectively). As these technologies proliferate, their business value will manifest itself in multiple ways: Artificial Intelligence (AI) AI combines a set of defined rules, intelligence and information. For example, when data is coming f...