LNS Research Capturing the

Business Value of the Industrial IoT

Recently Cisco and other companies sponsored a

500 respondent survey conducted by LNS Research

on Manufacturing Operations Management With

respondents spanning a broad range of industries

such as discrete manufacturing and life sciences

discover how the Industrial Internet of Things (IIoT)

is set to transform the industry

While the trend of IT-OT convergence has existed for

many years a new paradigm has emerged ndash the

Industrial Internet of Things (IIoT) The IIoT is the

network of networks encompassing the use of Internet

Protocol (IP) technologies to connect people processes

and things to enable new cyber-physical systemsSource LNS Research

LNS Research defines the IIoT platform into four

major buckets of technology capabilities connectivity

cloud big data analytics and application development

Security is of utmost priority and is built in

fundamentally across these four categoriesSource LNS Research

Manufacturers today have the same long-standing

operational objectives as the previous decades

bull 61 of industrial companies named ensuring high-

quality of products as their top operational objective

bull 55 named responsiveness to customer order

demands

bull 52 said getting new products to the market fasterSource LNS Research

When it comes to industry challenges 48 named lack

of collaboration across different departments as their top

concern The top challenges in manufacturing span

people processes and technology Source LNS Research

In its early stages of adoption 34 of manufacturing

companies are currently investing or planning on

investing in IIoT over the next year It is crucial that

these early adopters build clear business cases

and make good on ROI Source LNS Research

We are currently crossing the chasm in IIoT While

the early market tests and validates the value of

IIoT adoption the mainstream still needs to be

educated- and quickly Source LNS Research

44 of manufacturers named analysis of accurate

relevant data as one of their top objectives for

operational technology 33 would like to improve

collaboration between IT and OT Source LNS Research

Companies that fail to educate themselves on the

IIoT as well as start to invest in pilot projects risk

losing any competitive advantageSource LNS Research

What can be done with the IIoT

bull Modernize your legacy systems

bull Implement Next-Gen IIoT systems

bull Deploy smart connected assets and

operations

The time is now to capitalize on these new

technologies in manufacturing To find out how

tune in to the May 19 LNS Webcast

Download the full LNS eBook

Learn more about Ciscorsquos Connected Factory Solution