Adrian Swindells, director of industrial computing specialist Distec, explores how businesses can keep the cost of IoT implementation to a minimum
One of the biggest bugbears of plant managers is the cost of upgrading or replacing devices and equipment.
While this has traditionally only occurred due to a breakage, the rise of the internet of things has driven a need for cross-compatible equipment – in most cases calling for the costly replacement of legacy systems to ensure communication.
Whether you think of it as industry 4.0 or the IoT, the concept of machine to machine internetworking is undeniably the most talked about technological development of recent times.
In fact, forecasts have predicted the market for the IoT to be worth $14.4 trillion by 2022. [Read more…] about Keeping costs down: The lion’s share of IoT communication