Industrial IoT solutions have been changing the way the industry works for the last few years. We can now have real-time monitoring devices at a low cost that sends data to an algorithm on a continuous basis. With the added power of Machine Learning, it can detect whether there is something going wrong with a machine… make a prediction. Hakuna Matata Solutions have been providing Industrial IoT solutions for more than 15 years helping enterprises increase ROI
Alastair Orchard of Siemens notes that “IoT allows us to sprinkle devices around the factory quickly and cost-effectively to find out what’s going on without going through the multiyear process of reorganizing the shop floor.”
The global industrial IoT market has been witnessing a huge growth over the last few years.
The factors responsible for the growth of industrial IoT include increasing adoption of cloud computing in the industrial sector, growth in IoT and heavy automation and industrialization.
However, security & privacy issues and data management are restraining the market for industrial IoT on a global scale.
Market Segmentation: The market is divided into various segments based on component, deployment, connectivity, and end-user.
Internet of things is a web of software and hardware devices in a connected environment where the exchange of information takes place to achieve the highest level of accuracy.
Increasing number of connected devices, increasing capabilities of hardware components, and maximum utilization of available resources are some of the major factors fueling the hardware market segment The hardware segment is further segmented into sensors and RFID, industrial robotics, smart meters, camera systems, 3D printing, flow and application control devices, distributed control systems, and others.
shop floor is the heart of any manufacturing company.
Our shop floor automation solution enables manufacturing companies to bridge the visibility between shop and top floor and accelerates productivity for achieving better RoI.
At Hakuna matata solutions we understand your industry needs completely