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Don't Let Your Industrial Internet of Things Project Fail
The better you plan to avoid the potential pitfalls to your IIoT project, the more prepared you will be to mitigate any surprises.
Jan 04, 2018—
The Industrial IoT (IIoT) brings new promises to the plant floor: lower operating costs, better visibility and improved overall equipment effectiveness (OEE) for manufacturers. These results are all in the pot of gold at the end of the IIoT rainbow, but that bounty is sometimes hard to find. A significant portion of IoT initiatives fail. In fact, at the recent IoT World Forum in London, a referenced study showed only 26 percent of IoT projects are considered a complete success. The other 74 percent represent IoT projects that are still in process, those that are delayed and some which failed outright (roughly 15 percent).
So how can you avoid those pitfalls to ensure your project's success?
If you focus on your entire plant, you will make success much less likely. Try starting with a smaller project in a key focus area—perhaps an area that has the most downtime, the most maintenance, the most energy consumption, and so forth. Keep the project manageable. Make sure you contemplate how to scale—if you are successful, what's next?
2. Define success.
3. Gain internal company IT and operations alignment.
4. Understand and address security risks.
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