The industrial sector is facing growing pressure to meet the rising demand for goods and energy. To meet these demands, implementation of IIoT-enabled tools can be instrumental in helping to increase production by improving plant connectivity, efficiency and scalability.
As the world population reaches 9.2 billion by 20401 and the global GDP likely to double over that same period2, demand for goods and energy is increasing as living standards continue to rise. To meet these needs, the industrial sector has been facing mounting pressure to quickly increase production.