LM    Topics 

IoT to triple the number of connected industrial control devices by 2020

Research firm expects number of devices will grow at an average rate of 20%.


According to ABI Research the increasing adoption of IoT within industrial settings will result in a substantial growth of the number of connected industrial devices, in particular industrial control devices like PLCs.

The research firm estimates that over the period from 2014 to 2020, the number of connected industrial controllers will triple; growing at an average rate of 20%.

“Compared to the general-purpose conventional networks, industrial networks are characterized by a large variety of technologies and communication protocols, whose combination is determined by the requirements of the specific application they address,” said Eugenio Pasqua, research analyst at ABI Research. “As a consequence, there is typically little interoperability with conventional networks, but also between different industrial networks. Sharing data among different facilities or with the higher levels of an enterprise remains a very challenging task within this context.”

The technological advances of the past decade are, however, slowly changing this. The diffusion of Ethernet and IP-based industrial protocols, as well as the improved intelligence of industrial devices, have reduced the differences between conventional and industrial networks. This enables an easier interconnection between enterprise IT applications and OT systems, including the industrial equipment and the associated software, such as SCADA. ABI’s report cites firms like ABB, Siemens, Schneider Electric, and Rockwell Automation among the major vendors helping industrial organizations in this technological shift.

“Through the adoption of IoT technologies, industrial organizations can make better use of the huge amount of data generated inside their facilities and extract more meaningful information. This allows a better vision of what happens along the whole supply chain, achieving better performance at lower operating costs and the ability to react faster to changes or issues,” Pasqua said. “The number of potential benefits as well as the increasing pressure from the market are pushing industrial organizations towards this direction, and in the near future we will see more and more industrial facilities opening up their ‘silos’ and sharing their data with the higher levels of the enterprise, connecting their operational and business domains.”

These findings are from the Industrial Network Technologies and Control Systems: The Opportunities and Challenges for IoT Services and Platforms report, which is part of the M2M and IoT Platforms and Services Market Research.


Article Topics

ABB Robotics
Automation
Controls
Internet of Things
IoT
Rockwell Automation
Schneider Electric
Siemens
Supply Chain
   All topics

Latest in Logistics

Preliminary April North American Class 8 net orders are mixed
Senators take a close look at Amazon with Warehouse Worker Protection Act
Despite American political environment, global geopolitical risks could be easing
Maryland DOT: $1.9 billion and up to four years to rebuild bridge sunk near Baltimore port
April Services PMI contracts after 15 months of growth, reports ISM
2023 industrial big-box leasing activity heads down but remains on a steady path, notes CBRE report
Comau’s Advanced Solutions Drive The Benefits Of Automation For Diversified Industries
More Logistics

Subscribe to Logistics Management Magazine

Subscribe today!
Not a subscriber? Sign up today!
Subscribe today. It's FREE.
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today.

May 2024 Logistics Management

May 2, 2024 · As the days of slow, invisible supply chains that “worked behind the scenes” continue to fade in the rearview mirror, companies are improving their demand forecasting, gaining real-time visibility across their networks and streamlining their operations—and its software that makes that all possible.

Latest Resources

Warehouse/DC Automation & Technology: Time to gain a competitive advantage
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of the automated systems and related technologies that are revolutionizing how warehouse and DC operations work.
The Ultimate WMS Checklist: Find the Perfect Fit
Reverse Logistics: Best Practices for Efficient Distribution Center Returns
More resources

Latest Resources

2024 Transportation Rate Outlook: More of the same?
2024 Transportation Rate Outlook: More of the same?
Get ahead of the game with our panel of analysts, discussing freight transportation rates and capacity fluctuations for the coming year. Join...
Bypassing the Bottleneck: Solutions for Avoiding Freight Congestion at the U.S.-Mexico Border
Bypassing the Bottleneck: Solutions for Avoiding Freight Congestion at the U.S.-Mexico Border
Find out how you can navigate this congestion more effectively with new strategies that can help your business avoid delays, optimize operations,...

Driving ROI with Better Routing, Scheduling and Fleet Management
Driving ROI with Better Routing, Scheduling and Fleet Management
Improve efficiency and drive ROI with better vehicle routing, scheduling and fleet management solutions. Download our report to find out how.
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Get expert guidance and best practices to help you navigate the cross-border shipping process with ease. Download our free white paper today!
Warehouse/DC Automation & Technology: It’s “go time” for investment
Warehouse/DC Automation & Technology: It’s “go time” for investment
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and...