Mar 14

2017

How Industrial IoT is Transforming Manufacturing

By Great Bay Software

Smart Manufacturing – also known as Industry 4.0 - is revolutionizing business strategy. The integration of industrial automation, IoT, and information technology is turning traditional factories from cost centers into profitable innovation centers.

 Smart Manufacturing is focused on “creating an environment where all available information – from the plant floor and across the supply chain – is captured in real time, made visible and turned into actionable insights.” Becoming a Smarter Manufacturer, SCM World.

 

Changing the Game: Predictive Analytics

 

Manufacturing organizations have used analytic models in one form or another for years - but with insufficient and disparate data sets. Manufacturing executives are citing predictive data analytics as the most important manufacturing technology to drive competitiveness. Industry 4.0 and IIoT are key to making this happen.

 

“The speed at which supply chain innovation is being adopted coupled with rising consumer expectations for anytime, anywhere service is stressing traditional supply chains to near-breaking points.” Industry Week

 

The manufacturing industry is aggressively adopting IIoT to unravel and quantify assets and processes.

manufacturing automation evolution image.png

 

 

 

 

 

Source: IoTNow

 

Cybersecurity and Smart Manufacturing Go Hand-in-Hand

 

As businesses seek to embrace Industry 4.0, cybersecurity protection must be a top priority. Cyberattacks can be financially crippling - impacting production and business innovation.

 

In the past, factory automation was built on proprietary technology and isolated from corporate business systems. Physical perimeter security was deemed adequate and cybersecurity was considered irrelevant. IIoT and 4.0 is opening the door to industry standards, reducing operational costs and improving supply chain management. The business benefits of improved predictive analytics can only be achieved with the integration of operational and business data and systems. This integration is exposing the entire enterprise to serious risks of cyberattacks.

 

Watch for our upcoming post on how to reduce the risk of intellectual property theft through the discovery, monitoring and control of all your IIoT devices. While you wait, check out these additional resources: 

How IoT is Fueling the Next Industrial Revolution for Manufacturing

Why Your ICS is Making Your Enterprise Network Vulnerable

The Enterprise IoT Market: Just How Big is Big?

Gartner Market Guide for IoT Security

Comments

Related Posts

Jun 08

2017

IT vs. OT in IoT - Connecting the Shop Floor with the Top Floor

IoT and Industry 4.0 are radically changing the way manufacturers are doing business. There is a trend towards optimizing the manufacturing process through automation, IoT and IT. The real time...

Jun 01

2017

Is Your Enterprise Facing an IoT Invasion?

Our recent on-demand webinar with John Pescatore, SANS Emerging Security Trends Director and Ty Powers, Great Bay Software Technical Product Manager, outlines an actionable plan to shore up your IoT...

May 26

2017

An IoTastic Show: IoT World 2017 Recap

IoT World 2017 wrapped late last week with over 10,000 attendees. The Great Bay Software team attended the show and was pleased to meet many of you at the show. If you weren’t lucky enough to attend...

Subscribe to Blog Updates