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Augury 2018 Predictions: IoT Trends Around the Corner

VMblog Predictions 2018

Industry executives and experts share their predictions for 2018.  Read them in this 10th annual VMblog.com series exclusive.

Contributed by Saar Yoskovitz, CEO of Augury

IoT Trends Around the Corner

The Internet of Things (IoT) is being deployed by facilities across the world, who are using connected devices to improve the operation of their equipment and prevent catastrophic losses. In fact, 64% of manufacturers believe their factories will be fully connected by the IIoT by 2022.

What IIoT trends are around the corner for facilities in 2018?

As IIoT adoption continues to grow, facilities who embrace the IIoT will improve equipment reliability, reduce machine downtime from catastrophic failures and help manage risk. The IoT is expected to create a new surge of factory productivity, creating value up to $3.7 trillion.

Below are three 2018 trends for facility operations:

1. Facilities and factories will need to embrace the implementation of fog and cloud

The future of the IIoT is a combination between cloud and fog computing: a hybrid solution where some computing happens on the edge-devices in the field-and some on the cloud. Sensors and machines will collect data, and continuous monitoring dashboards will monitor system health, analyze options for improvement and even predict what might happen next. Fog and cloud computing will work together seamlessly-but only if many of the on-premise tools today are moved to the cloud.

2. The connected industry will bring a changed awareness around security and risk

IIoT doesn't necessarily present more risk. Rather, it presents a different kind of risk. Businesses need to understand that sensors and machine-to-machine communications are also stored on the cloud. Facilities implementing devices connected to the IIoT need to think about communication and the security protocols between devices: sensor-to-sensor communication, sensor-to-gateway communication, and updating and maintaining all on-premise equipment to better secure their data.

3. Facilities will make more "smart" decisions

In 2018, we will see more "smart" decisions taking place, as more facilities begin to implement the necessary elements of connectivity. First, facilities will adopt more SaaS technologies and solutions in order to begin this process. Facilities will then leverage computers and mobile phones for machine-to-machine communication via sensors to remotely run a critical facility.

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About the Author

Saar Yoskovitz 

Saar Yoskovitz, an avid entrepreneur, has extensive experience in machine learning, signal processing algorithms and system architecture. Prior to founding Augury, Saar worked as an analog architect at Intel. Saar holds a Bachelor of Science in electrical engineering and a Bachelor of Science in physics from the Israel Institute of Technology (Technion). During his studies, Saar initiated a voluntary project called "Select - Students for Technological Advancement," for which he received the Israel's Council of Higher Education (MALAG) award for social involvement.

Published Tuesday, December 05, 2017 7:17 AM by David Marshall
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