As the age of automation reaches popular culture, predictions vary—will the robots work for us, or will they own us? But whatever form the future takes, it's going to be highly profitable. The value of the Internet of Things (IoT) to businesses of all kinds is expected to exceed $1.9 trillion over the next decade, with a good portion coming from the industrial sector, the Industrial IoT (IIoT).
Spoiled by the ease of using their smart phones and apps, many might think the IIoT is simple: I am connected, therefore I can do amazing things. "Not so fast," said Darek Kominek, senior product marketing manager, Matrikon, to attendees of the session, "How Digital Transformation Enables Smart Operations and Enterprise Optimization," today at the 2015 Honeywell Users Group Americas symposium in San Antonio.
To learn more about IIoT read “This is the dawning of the 'Age of IIoT'” from Control.