As the expansion of and the complexities within asset intensive industries continue to increase (customer needs, continuity of operations, global competition, etc.) –
What seems to be broken – is the ability to anticipate and proactively intervene in asset + process + production performance issues.
Although the technological advancements within IoT (analytics, communications, data, sensors) could have an effect – there are inherent challenges with their adoption.
But, by removing these barriers – it can pave the way towards the optimization of real-time operational integrity (quality, reliability, predictability) across the entire spectrum.