Thought of the day: Is IIoT mature enough to get ROI?
In most manufacturing places I have been, equipment is connected, data is collected, but are we realizing the benefits of all this investment? My empirical survey points to a negative answer.
The answers might be many, but two insights are worth blogging about:
- Do we have the talent to look at the stream of data we have? Most places have excellent programers and machinists, but no "data scientists"
- Is the technology providing actionable insights? Due to the fact that many systems are "closed" or poorly API'd with each others, the fact is that the insight is often lost in porrly adapted workflows.
What do you think? I would love to hear your ideas.