Coronavirus: Industrial IoT in challenging times

Coronavirus: Industrial IoT in challenging times

This article from Mckinsey & Company explores how the Industrial Internet of Things (IIOT) can help companies navigate the current crisis of COVID 19 and emerge stronger . As the coronavirus continues, governments, healthcare authorities, and business leaders are focused on preserving lives, but in parallel, they want to lessen the humanitarian toll by protecting workers employment. This article dispels misconceptions about IIoT and describes how industry can employ it to: Resolve business continuity issues now; Return to business delivering Resilience and flexibility to prosper in the ‘new normal’; Re-imagining and reforming . They conclude IIOT can increase production efficiency across complete production lines by using advanced analytics to optimise processes.

https://www.mckinsey.com/industries/advanced-electronics/our-insights/coronavirus-industrial-iot-in-challenging-times

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