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Don't Let Your Industrial Internet of Things Project Fail

Don't Let Your Industrial Internet of Things Project Fail
The Industrial IoT (IIoT) brings new promises to the plant floor: lower operating costs, better visibility and improved overall equipment effectiveness (OEE) for manufacturers. These results are all in the pot of gold at the end of the IIoT rainbow, but that bounty is sometimes hard to find. A significant portion of IoT initiatives fail. In fact, at the recent IoT World Forum in London, a referenced study showed only 26 percent of IoT projects are considered a complete success. The other 74 percent represent IoT projects that are still in process, those that are delayed and some which failed outright (roughly 15 percent).
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Don't Let Your Industrial Internet of Things Project Fail

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Don't Let Your Industrial Internet of Things Project Fail

Source: Scot Wlodarczak

The Industrial IoT (IIoT) brings new promises to the plant floor: lower operating costs, better visibility and improved overall equipment effectiveness (OEE) for manufacturers. These results are all in the pot of gold at the end of the IIoT rainbow, but that bounty is sometimes hard to find. A significant portion of IoT initiatives fail. In fact, at the recent IoT World Forum in London, a referenced study showed only 26 percent of IoT projects are considered a complete success. The other 74 percent represent IoT projects that are still in process, those that are delayed and some which failed o

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