Why The Industrial IoT Is Finally Ready for Prime Time
Over the past few years, some Original Equipment Manufacturers (OEMs) have begun using the Industrial IoT (IIoT) to deploy remote monitoring, predictive maintenance, equipment-as-a-service (EaaS), and other types of new Industry 4.0 applications. These applications have allowed these companies to converge their industrial equipment’s OT systems with their IT systems, creating “smart” air compressors, bio-waste collectors, liquid fertilizer storage tanks, energy storage systems, and other types of industrial equipment.
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