Posts

Open IIOT's Demo Unit will be on show at Auspack 2022

Open IIoT group to exhibit ‘smart’ demo at AUSPACK 2022

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Open IIoT is on the road again and can be seen live and in action at AUSPACK 2022 in Melbourne.

RFID communication with no risk

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Making production processes for Industry 4.0 data-secure Automation…

TWO THINGS THE IIOT CAN DO FOR YOU

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The Industrial Internet of Things is the cornerstone of the…

HMPS CONNECTS WITH IIOT

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HMPS has launched its new Industry 4.0 solution, HMPSConnect,…

SMART STEPS IN INDUSTRY 4.0 JOURNEY

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Industry 4.0 is a facility-wide endeavour, but when it comes…

CONNECTING THE DISCONNECTED

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Investing in Industry 4.0 and the Industrial Internet of Things…

AUSPACK shows how connectivity unlocks value

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Industry 4.0 and the Industrial Internet of Things (IIoT) is…

Nord Drivesystems joins Open IIoT Panel

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Nord Drivesystems has joined SMC Pneumatics, Beckhoff Automation,…

Dulux Industry 4.0 Case Study

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DuluxGroup required end-to-end automation at their new Greenfield…
A balance between optimization and uncharted waters

Report: Industry 4.0 Paradox

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Deloitte and GE’s recent report reveals a significant finding around innovation and ROI. While productivity improvement and operational goals are the main drivers when it comes to transformation initiatives, innovation in itself can power ROI. Deloitte surveyed C-suite and non-C-suite executives across seven key industries: aerospace & defence, chemicals & specialty materials, industrial manufacturing, automotive, power & utilities, oil & gas, and metals & mining. They found “high ROI is almost as likely to result from investments in innovation as from investments in productivity.” The key takeaway is not to reserve digital technology for improving processes. Using it to drive innovation offers strong prospects for growth. Read the Innovation Paradox section of the report here