The Internet of Things (IoT) has the power to transform how we live and do business. By digitizing the physical world into seamless connectivity—and leveraging data—organizations can boost efficiency, launch innovative services and create lasting value. The Internet of Things (IoT) is a network of physical objects that are fitted with sensors, software and other technologies. Connected to the Internet, these ‘things’ are able to exchange real time data with other connected devices and systems over networks. These connected devices combine with automated systems to gather IoT data that can be analysed to assist with tasks or learn how to improve a process.
The IoT stands at the forefront of our ability to bring together the digital and physical worlds in a manner that could have profound implications for both society and the economy. The benefits could be in the form of improving operations, the management of physical assets, and health and well-being, for example. Against that backdrop, the IoT can be the beating heart of digital transformations.
Generally-speaking, Industry 4.0 describes the growing trend towards automation and data exchange in technology and processes within the manufacturing industry, including:
This automation creates a manufacturing system whereby machines in factories are augmented with wireless connectivity and sensors to monitor and visualise an entire production process and make autonomous decisions.
Wireless connectivity and the augmentation of machines will be greatly advanced with the full roll out of 5G. This will provide faster response times, allowing for near real time communication between systems.
We are et the very-very beginning of the of this infucltion curve where IoT will make a difference. We are still at early gurney but accelerating quickly. We making connectivity and unlocking the value which coming along with that. Our clients work on 3 classes of problems:
Below we indicate in “%” estimated by 2030 economic value from the Internet of Things adoption.
The Internet of things large and growing economic-value potential is concentrated in nine settings where technology is deployed:
As you can see the greatest potential for value creation is in the factory setting with ptimizing operations in manufacturing—making the various day-to-day management of assets and people more efficient. Overall, operation-management applications in manufacturing could account for around 32 to 39 percent of the total potential IoT economic value created in the factory setting.
The operation-optimization and human-productivity clusters could comprise around 56 percent of IoT economic value in 2030; health and condition-based maintenance are estimated at around 15 and 12 percent, respectively.
Customers of UBSLogic that have succeeded in deploying IoT at scale take seven main steps:
By the way, our teams including Front end developers, Data engineers are actively working to help customers to realise complicated IT projects, mainly for companies operating in Telecom/ Energy, Smart cities and IoT, Construction and Isolation. Some of the projects in response to growing energy needs, provide reliable, modular, turnkey services for power grids and for thermal, biomass, photovoltaic, and waste-to-energy power plants.
The shareholders of UBSLogic Europe appointed Volodymyr Kyrushko to the Management Board as CEO
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The Internet of Things (IoT) has the power to transform how we live and do business. By digitizing the physical world into seamless connectivity—and leveraging data—organizations can boost efficiency, launch innovative services and create lasting value. ...