What Is Holding Back the Next Industrial Revolution?
A recent Twitter chat hosted by the IoT Institute takes a look at the promises of the IIoT and analyzes what is holding back implementation of the technology.
August 29, 2016
![Predictive maintenance is one of the most popular applications of the IIoT. Predictive maintenance is one of the most popular applications of the IIoT.](https://eu-images.contentstack.com/v3/assets/blt31d6b0704ba96e9d/blt84f1208823480a98/63abead1ed4e756166a202bb/industrial-4.jpg?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
We seem to already be in the midst of the next industrial revolution but there is still a gap between the vision of the IIoT and the reality. According to a recent survey from IndustryWeek, GE Digital, and the Industrial Internet Consortium, 82% of industrial professionals are convinced that the IIoT is vital to their firms' survival but only a quarter of participants stated they had a clear IIoT strategy. Part of the reason for the disconnect is that manufacturing production leaders are afraid of giving up control, says IndustryWeek Editor-in-Chief Patricia Panchak in a recent Twitter chat. Data security and data privacy concerns are among the other key hurdles. To learn more about this disconnect and the potential of the IIoT, check out a highlights from our recent Twitter chat dedicated to the topic:
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