''Agility is the Key of IIoT Innovation,'' Advantech Says at Global IIoT Summit

  Enquiry / contact me

As its first Global IIoT Virtual Summit, Advantech stressed the importance of agile innovation as a key driver for the digital transformation in industrial applications

Artificial Intelligence, Automation, Industry 4.0

''Agility is the Key of IIoT Innovation,'' Advantech Says at Global IIoT Summit
''Agility is the Key of IIoT Innovation,'' Advantech Says at Global IIoT Summit

On its first Global IIoT Virtual Summit, entitled ‘Connecting Industrial IoT Innovation’, on Tuesday 22nd, Advantech IIoT President, Linda Tsai sent a clear message to more than 2,000 delegates by saying that agile innovation in the area of the Industrial Internet of Things (IIoT) will be the key in driving forward digital transformation in industrial applications into 2021 and beyond. 

Ms Tsai explained: “Figures from IDC suggest that by 2025, there will be 41.6 billion IoT devices in use worldwide, generating 79.4 zettabytes of data. Connected devices will pervade every aspect of our personal and business lives, and a complex mix of technology and infrastructure will be more crucial than ever to harnessing the power of the data generated by these devices. 

“As a leader in embedded computer systems for industrial applications, Advantech is leading the way in developing more powerful edge computing solutions which are compatible with all types of IIoT devices as well as data centres and cloud providers and can aggregate these vast quantities of data, allowing users to optimise operational effectiveness in their facilities.”

Pioneering through co-creation

Much of Advantech’s pioneering work in this area centres on its strategy of co-creation: collaborating closely with systems integrators and developers to create edge solution-ready platforms (Edge SRP’s) or IApps (Industrial Applications) to make digital transformation as rapid and simple as possible. Advantech can support optimisation in areas from iFactory to industrial equipment manufacturing (IEM), industrial AI, smart automation, transportation, energy & environment and iLogistics.

Ms Tsai went on to identify six key technology trends for 2021: digital transformation, 5G, decoupling, device-to-cloud digitalisation, empowered edge and artificial intelligence (AI).

“According to the GSMA Mobile Economy 2019 Report, 5G will contribute more than US$2 trillion to the global economy up to 2035, of which 35 per cent will go to the manufacturing and utilities sectors. Meanwhile, research from MarketsandMarkets estimates the value of AI in the manufacturing at US$17.2 billion by 2025.

“Advantech has developed an extensive portfolio of AI platforms including edge AI systems, sensors and inference servers, as well as deep learning training servers, to assist customers in exploiting the potential of AI. Meanwhile, in the area of device-to-cloud, we are again at the forefront of innovation, with solutions including private cloud solutions, industrial APP, edge intelligence software and cross-platform middleware – all specifically developed to combining optimised computing with robust and reliable performance in even the most demanding environments.”

The digital transformation as a must

“There is no getting away from the fact that digital transformation will impact every manufacturer in the world in the years to come, and harnessing the power of data will be critical to competitiveness as we move from Industry 4.0 and towards Industry 5.0. 
“Our global Summit has brought together partners from across the world to find the best ways to collaborate and exploit the power of new and emerging technologies, to optimise efficiency, performance and commercial success.”

Jash Bansidhar, managing director of Advantech Europe, added: "“The macro strategy of driving Industrial IoT development through the adoption of AI, 5G and edge computing is central to the further adoption and exploitation of IoT technologies. Our mission continues to be to work with ecosystem partners to deliver sustainable success in the post-pandemic era.”

For further information visit www.advantech.eu

Posted on September 24, 2020 - (215 views)
Related articles
OPC Foundation Welcomes Emerson to Its Board of Directors
Pepperl+Fuchs Becomes a Founding Member of the Industrial Digital Twin Association (IDTA)
Connectivity in the Changing Robot Industry
Migrating to Smart Factories: A Key to Surviving and Thriving
The Rising Prominence of Smart Automation in Warehouses
Predictive Maintenance: Why is the Market Growing Now?
Condition Monitoring System
Taking Control of Plant Data with PlantSight Digital Twins
Building Continuity Across Products, Processes, and People
"AI Must be Fair, Explainable, and Unbiased to Deliver Concrete Business Results"
NVIDIA GPU Cloud Ready Modular Embedded PC
Wireless Kits - Wi-Fi5/BT5.0 and LTE Cat.16
AI Platform based on Nvidia Quadro GPUs
Eco-friendly Augmented RFID Solution
Compact & Configurable Rugged Industrial Computers
IO-Link Position Sensors
Ultra-low Power Radio Module
ABB Launches New Analytics and AI Software to Help Producers Optimize Operations in Demanding Market Conditions
Compact Pressure and Vacuum Switch
Autonomous Transport System
Mouser's Digital AI Conference is now Available On-Demand
THT Assembly with Robots Boosts Automation instead of Manual Labor
AI Platform based on Nvidia Quadro GPUs
EtherCAT-based Highly Dynamic Multi-axis Servo System
Post-Corona Recovery: High demand for “Robotics Skills”
Ultra-low Power Radio Module
Protect Machines Using Sound, IoT and AI
Autonomous Transport System
Permanent Magnet Synchronous Reluctance Motor
Easy-to-use Security Routers and Firewall