The promise of the edge and IIoT in Asia’s manufacturing industry
Dave Laurello, CEO, Stratus. To remain competitive in today’s always-on world, organisations require near-instant access to data and resources. That’s where the edge comes into play: the place where computing occurs, in between the data centre and the cloud. In Singapore and Asia, edge computing poses a great opportunity to enable improved real-time decision-making – especially in Asia’s booming manufacturing sector. In a rapidly growing industry, the Industrial Internet of Things (IIoT) is lighting the way for a highly automated future. The IIoT refers to a combination of intelligent computers and devices that enable instant data sharing and automated processes in industrial manufacturing. The IIoT is set to revolutionise manufacturing by providing accessibility to large amounts of data at far greater speeds. According to a report by Boston Consulting Group, Five Profiles That Explain China’s Consumer Economy, GDP growth in China, the world’s second largest economy, has slowed from more than 10% in 2010 to around 7% in 2017. To remain competitive, Asian economies – once reliant upon low-cost labour and exports – are under pressure to adopt smarter technologies, such as robotics and the IIoT. Going forward, it is predicted that smart technologies and IIoT networks will allow industrial organisations to break open data silos and connect people, data and processes like never before, from the factory floor to executive offices. Automation and the future of manufacturing – So where does edge computing fit into all of this? The promise of edge computing in industrial environments means switching into the right device in near real-time to drive faster decision making. For this to work, the edge device and its embedded software, edge servers, gateways and cloud infrastructure must be up-and-running correctly at all times. According to a recent report by ARC Advisory Group, Is IIot Living on The Edge In […]