Owner operators of asset-intensive corporations are starting to realise the operational and profit potential of harnessing new technologies, namely the Industrial Internet of Things (IIoT). IIoT refers to the phenomenon of utilising technology to connect a series of physical assets to measure and/or enhance industrial processes. Essentially, it equates to digitalisation.
In the world of asset integrity management (AIM), this means intelligent analytics to modernise the plant to an asset-control environment. Adopting IIoT helps owner operators to automate, improve and transform their processes for increased profitability, enhanced safety, and reduced loss of containment.
