By properly managing their assets, businesses look to increase the return on investment through better utilization of assets, reduction of costs (both capital and operating) and by extending the asset life. This can be enabled by implementation of good EAM system.
Cloud based IoT is a potential game changer that allows businesses to extend and further automate their processes using data from lots of sensors outside the factory by leveraging global infrastructures such as Microsoft Azure IoT platform.
In order to stay relevant in their future careers technical specialists such as process engineers, control and automation specialists and so on should be continuing to develop new skills to position themselves for the new challenges. But where should the focus be?
As we move into the age of intelligent machines these automation boundaries between human and machine are changing. The reality is that many more of the tasks currently only performed by humans will in future be performed by machines.
How should you make sure that the industrial internet opportunity is properly included in your companies planning process?