A broad look at industrial processes revels a huge array of challenges for IoT applications. Here’s a look into few examples to help differentiate two end applications of industrial processes.
We at Algo Engines focus on replicable assets in the energy space. That’s a small niche in the ocean of Industrial IoT. The goal of most Industrial IoT solutions is to streamline monitoring and maintenance for industrial equipment and processes.
Recently came across an HBR article highlighting on “Digital Ubiquity: How Connections, Sensors, and Data Are Revolutionizing Business” https://hbr.org/2014/11/digital-ubiquity-how-connections-sensors-and-data-are-revolutionizing-business talks about GEs Industrial IoT solution – Predix suite and the value it will deliver to clients.
The overall Industrial IoT market is large and domain know-how will be a key differentiator. Visualization and reporting is now taken for granted by most customers and the focus is on actionable insights. Building intelligence based on the data is the path on which leaders tread. At Algo Engines, the focus is on building actionable insight.