Decreasing Time to Design in the Industrial Internet of Things

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Discussions about the industrial market today are often focused on the vast potential in the industrial IoT (IIoT). The huge potential for innovation offers the promise of significant productivity gains, operational efficiency and bottom line revenue increases, but only if it’s enabled by a supply chain based on reliability, stability and longevity.

These values will be even more important as manufacturers and system integrators adopt greater levels of automation, connectivity and autonomy—all with faster design cycles and more competition increasing the pressure to get to market quickly. The interplay between these requirements is what de nes the industrial marketplace and the innovation developers will contribute to it.

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Provider: Avnet, Inc   |   Size: 671 KB   |   Language: English
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Culture of invention leads to IoT success

The Internet of Things (IoT) is the enabler for new types of business model that will increase the bottom line for businesses and improve the range of services they can offer. Edge computing promises near real-time insights and facilitates localised actions that are tuned to the needs of customers. In doing so, businesses can ensure they remain competitive in a rapidly changing world.

According to Markets and Markets, the industrial IoT (IIoT) market alone is expected to grow from $64.0bn to $91.40bn by 2023, a compound annual growth rate of ...

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