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Along with the ubiquitous role of cloud computing as the new standard for software and services, IoT is today’s other leading technology, completing cloud with new hardware flocking onto both consumer and industrial markets. Looking at the platforms that are pushing the growth of the IoT market, the use of IoT in manufacturing is the most relevant segment.
Since the start of the Covid-19 pandemic, many industries have increased their investment in IoT
technologies as they discovered how it could help them overcome challenges. During the Covid-19 pandemic
peaks in 2020, investment in IoT technologies suffered less than other market segments. As we move into
recovery, IoT looks set to play a crucial role, helping both businesses and governments achieve their
aims, with a significant further growth in investment predicted by 2025.
China and the USA will be the two leaders for smart factory in the Big-5 cluster, with the
platforms area growing fastest and high investment in predictive solutions and remote
monitoring. Within smart transport & logistics, Brazil has lost most ground during the pandemic
but is now recovering and the highest growth is expected in India.
Source: PAC (teknowlogy Group) for Reply, 2021
Focusing on the Europe-5 cluster, the smart factory market will grow almost 3x in all nations,
despite a skills shortage. Platforms will grow more than anything else, with companies investing
to improve quality management and reduce costs. Looking at smart transport & logistics in the
Europe-5 cluster, Germany will remain the leader but the other nations will still see
Real-time visibility of production data is enabling companies operating in different manufacturing fields to get the more effective use of resources, improving line efficiency.
An area of improvement enabled by Industrial IoT and edge computing is additive manufacturing: products can be created by adding materials layer-by-layer, on-demand, and customized based on the real-time needs of the line.
Actions like monitoring environmental/process control parameters (e.g., temperature, pressure) or controlling the efficiency of single devices (e.g., valves, conveyer belts, pumps) are now made significantly easier by Industrial IoT, 24x7.
Predictive maintenance could reduce machine downtimes by up to one third, at the same time extending the equipment’s lifetime.
Industrial IoT-enabled solutions provide reliable solutions to manage asset tracking, inventory management/control, scheduling and ordering of supplies.
Smart shelves, robots, drones, and cobots are becoming the protagonists of inventories: warehouse management systems now dialogue with them automating the process of stock checking without the need to stop production.
The general evolution of the IoT market indicates that one of the most promising areas of innovation to show the value of Industrial IoT is that of connected products.
In fact, in the mid-term, the majority of products (both B2B and B2C) will be natively open to connection, giving to companies that are usually intermediated by retailers the opportunity to invest in ‘direct to consumer’ business models.
‘IoT’ has become a comprehensive label that includes all internet-connected physical objects able to collect and exchange data with systems, other devices, robots and humans too. In industrial/manufacturing contexts, the Internet of Things has become the backbone of Industrie 4.0 strategies. Comfortable devices are allowing mixed reality and 3D technologies to be bought by managers and adopted by workers. In fact, the new generation of mobile robotics is made of IoT-based devices too.
Edge/cloud-powered architectures and 5G networks, increasingly getting available across territories, are enabling an astonishing growth of connected devices. Data are of course the fuel for all ‘smart’ use cases in the industrial world.
Digital twins are affirming themselves as the most promising technology in the quality assurance field. They are usually avatars of existing physical objects, often realized with Extended Reality technologies.
Robotics is supporting some of the more innovative use cases in both manufacturing and logistics, thanks to the progress in artificial intelligence leading to a surge of autonomous mobile robots like drones, wheeled or legged robots.
IIoT interconnectivity is an opportunity for business improvement, but it is also a cyber-risk shaped by the varied typology of OT and IOT objects and protocols. Cybersecurity for IoT is an enormous market that is estimated will grow up to 25 billion Euros in the next five years.
AXULUS is Reply’s accelerator for the (IIoT: as an integrated tool chain it provides a step-by-step methodology to identify use case ideas, configure solutions and roll them out with scalable implementation workflows.
Equipment intelligence from the edge to the Cloud with Reply's Asset Monitoring and Predictive IoT solution.
Connected objects are not enough to create added value: harnessing the full potential of the latest IoT and Connectivity technologies means to aggregate data from different sources, both internal and external, and effectively manage information.
Reply's IoT end-to-end solutions for Energy&Utilities, Telecommunications and Smart Cities: IT architecture and IoT platforms, sensors, gateways and communication networks.
Brick Reply™, designed as a set of independent micro-services, represents a comprehensive MOM (Manufacturing Operations Management) System in the smart factory application landscape.
Reply’s Factory Control Tower enables manufacturers to bring the power of the internet of things (IoT) to their production room floors.
Reply is working on a digital twin that will provide interfaces capable of ‘communicating’ with all phases of a production process and pave the way for an effective industrial automation system.
Reply is working on solutions for using drones in warehouse operations. Our main interest is in coordinating drones for their effective use in logistics.
The extended reality model implemented by Reply leads Vertiv towards Industry 4.0 in key EMEA Locations
Lavazza launches “A Modo Mio Voicy”, a new line of connected coffee machines, thanks to the IoT platform created in collaboration with Cluster Reply.
An astonishing growth of connected devices will be achieved thanks to new use cases enabled by 5G networks and edge/cloud-powered architectures, creating a global total spend on IoT that could grow up to 1,200 billion Euros in the next five years.
Adopting an IoT-based approach throughout supply chains is significantly changing business models, enabling new products and services and boosting investment in Industrial IoT.
Besides benefits for end-users, real-time monitoring and analysis of data through IoT will deliver several benefits to organisations, leading to potential cost cuts and increased profits.
Traditional barriers among IT managers, OT managers and business experts will be broken to allow the company to figure how to position itself in a world of connected products.