Each year, companies invest billions in physical infrastructure, so it's crucial to ensure that infrastructure is a high contributor to overall business performance. Asset health, availability and overall efficiency are key differentiators which directly affect business fundamentals such as process efficiency, quality and safety. As such, it is critical to balance risk, performance and cost across the enterprise and ensure that people have access to all asset, system and site data for real-time decision support and business intelligence. This access to infrastructure data allows them to turn data into information into knowledge to drive actions that optimize physical infrastructure performance.
By utilizing a real-time performance management system as the basis for KPIs and scorecards, progressive companies enhance their competitive advantage and improve the overall decision-making across an entire enterprise.
Page Title SubTitle General false The power generation industry is undergoing a period of rapid transformation. New issues, such as deregulation, the rapid adoption of renewable energy sources, and a new emphasis on extending facility lifecycles, are forcing electric utility operator
Today's Industrial Internet of Things (IIoT) encompasses advances in sensor technologies, connectivity, analytics and cloud environments that will expand the impact of data on enterprise performance management. Recent market analysis predicts that lowered sensor cost, energy requirements and ease of connectivity will result in an explosion of industrial sensors and sensor-based data. For example, Cisco's Internet Business Solutions Group predicts that by 2020, 50 billion IIoT devices will be deployed and active.