Search Symmetry
Close
  1. Home
  2. Symmetry Blog
  3. Industrial IoT Study in Association with MultiTech

Industrial IoT Study – ‘How manufacturers will optimize performance and maximize opportunities’ in Association with MultiTech

Symmetry Electronics in Blogs on April 09, 2017

About Symmetry Electronics

Established in 1998, Symmetry Electronics, a Division of Braemac, is a global distributor of electronic components and systems. Combining premier components and comprehensive value-added services with an expert in-house engineering team, Symmetry supports engineers in the design, development, and deployment of a broad range of connected technologies. 

Exponential Technology Group Member

Acquired by Berkshire Hathaway company TTI, Inc. in 2017, Symmetry Electronics is a proud Exponential Technology Group (XTG) member. A collection of specialty semiconductor distributors and engineering design firms, XTG stands alongside industry leaders TTI Inc., Mouser Electronics, and Sager Electronics. Together, we provide a united global supply chain solution with the shared mission of simplifying engineering, offering affordable technologies, and assisting engineers in accelerating time to market. For more information about XTG, visit www.xponentialgroup.com.

Global manufacturing faces an increasing set of challenges in growth, innovation and competition. Globally, gross domestic product (GDP) was at US$30.69 trillion in 1995. By 2014, global GDP reached a new peak at US$78 trillion. As a percentage of global GDP, manufacturing dropped its share from 21.4% in 1995 to 14.7% in 2014. In real terms, manufacturing grew, and yet the rate of growth was substantially less than that of the global economy.


Optimise performance in manufacturing with industrial IoT.

Global manufacturing faces an increasing set of challenges in growth, innovation and competition. Globally, gross domestic product (GDP) was at US$30.69 trillion in 1995. By 2014, global GDP reached a new peak at US$78 trillion. As a percentage of global GDP, manufacturing dropped its share from 21.4% in 1995 to 14.7% in 2014. In real terms, manufacturing grew, and yet the rate of growth was substantially less than that of the global economy.

Industrial IoT (IIoT) has accelerated the pace of innovation and manufacturers are pushed to explore and implement new technologies in IoT while maintaining existing systems and architectures, creating tensions between operational technologies, information technology and IoT implementations. Differences between regions and markets do exist, and globalisation has presented greater competition between markets than ever before. Common to all manufacturers are the continuous needs to reduce costs, improve performance and deliver quality to customers. Combined growth, innovation and competition have the manufacturing industry looking to industrial IoT as a way forward, and as shared in this report, exciting and innovative IoT solutions are reinventing manufacturing.


Download here: https://www.iot-now.com/2017/02/15/58546-industrial-iot-manufacturers-will-optimise-performance-maximise-opportunities/


For additional MultiTech product information or technical support, contact Symmetry Electronics, an authorized distributor of industry leading wireless, audio/video and embedded chips, modules and dev/eval tools (877) 466-9722.

Share

Symmetry Electronics in Blogs on April 09, 2017

About Symmetry Electronics

Established in 1998, Symmetry Electronics, a Division of Braemac, is a global distributor of electronic components and systems. Combining premier components and comprehensive value-added services with an expert in-house engineering team, Symmetry supports engineers in the design, development, and deployment of a broad range of connected technologies. 

Exponential Technology Group Member

Acquired by Berkshire Hathaway company TTI, Inc. in 2017, Symmetry Electronics is a proud Exponential Technology Group (XTG) member. A collection of specialty semiconductor distributors and engineering design firms, XTG stands alongside industry leaders TTI Inc., Mouser Electronics, and Sager Electronics. Together, we provide a united global supply chain solution with the shared mission of simplifying engineering, offering affordable technologies, and assisting engineers in accelerating time to market. For more information about XTG, visit www.xponentialgroup.com.

Subscribe

Stay up to date with industry and supplier news!

Browse

See all tags