As connectivity in the Industrial Internet of Things (IIoT) increasingly transforms manufacturing, new global research has revealed that nearly eight in 10 manufacturers (79%) have suffered some form of IoT cyberattack in the past year.
Manufacturers are beginning to view 5G technology, and its associated high data speeds, as a vital component to their business, prompting interest in obtaining private licences as a way to control 5G strategy. A recent report has come up with some interesting findings.
Manufacturers need to move with increased agility and insight to grow and thrive in today’s competitive marketplace. In short, they need to become organisations that can connect everything in order to engage everywhere.
One of the most striking similarities between manufacturing and the high-octane world of Formula One is how both are trying to marry up the unstructured insights and ‘gut feelings’ of their respective experts with more structured telemetry and analytics.