Is predictive maintenance the ‘gateway drug’ to the Industrial IoT?

Is predictive maintenance the ‘gateway drug’ to the Industrial IoT?

I’ve said it before, but it bears repeating: When it comes to the Internet of Things (IoT), the consumer market gets all the attention, but the real action may be in industrial applications, the so-called Industrial Internet of Things (IIoT).

The IIoT is a huge market, and it’s based more on clearly defined cost savings than the always-fickle consumer preferences that seem to rule the consumer market. It also requires highly available infrastructure to connect everything and avoid expensive downtime — one reason why investment in IIoT firms has been hot this summer, with investments in companies such as Seeq, Element Analytics, Trendminer, Falkonry, and Toumetis.

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