Following last month's stand-out Hannover Messe, Microsoft rounds up the exciting innovations showcasing Industrial IoT, AI, cobotics, digital twins and mixed reality being leveraged by its customers and partners.
As more manufacturers invest in smart equipment and digital capabilities to maintain competitive advantage, digital twinning is gaining prominence in the industrial environment. In fact, it's one of the biggest technical trends: analysts predict that 85% of IoT-enabled platforms will feature digital twin functionality by 2022.
Consumer goods manufacturers are increasingly responsive to the need for direct connection with their end customers. By transforming their journey to market, industry leaders are able to own the relationship with their end customers.
Companies have joined forces to explore how electric vehicles (EVs) can facilitate energy storage solutions that link up to onsite renewable installations and building energy management systems (BEMS) on office buildings.
According to recent research, nearly three-quarters of European industrial companies (72%) will increase their Industrial Internet of Things (IIoT) investment over the coming three years. And for good reason, more than four in five (86%) of them believe it will deliver a Return on Investment (ROI) within 36 months.
Virtual Reality (VR) and Augmented Reality (AR) have increasingly more important in industrial sectors. A London-based firm has now launched a VR technology enabling manufacturers to seize control of ‘overheating devices’.