Digital Engineering 24/7

Helping design and engineering professionals discover, evaluate and specify technologies and processes that shorten the design cycle and enable success.

Design

Simulate

Additive Manufacturing

Digital Thread

Engineering Computing

Companies

Glossary

Podcasts

Products

Reviews

Webinars

Downloads

Subscribe

Press Releases

Advertise

Customer Service





By the Numbers: The Internet of Things

Latest Digital Thread News

Latest Digital Thread Resources

  • Design & Simulation Software Guide 2025

    In this Special Issue, Digital Engineering presents its second annual guide to design and simulation software vendors.

  • Design & Simulation Software Guide

    In this Special Issue, Digital Engineering presents its inaugural guide to design and simulation software vendors, including listings for CAD, CAM, simulation, generative design, PLM, rendering and visualization, design for additive manufacturing,…

  • More Resources

By Admin  

June 2, 2017

The Industrial Internet of Things (IIoT) market will reach $151 billion by 2020. — “Industrial IoT Market by Technology, Software, & Geography, Markets,” Mind Commerce, LLC

 

The Executive View of the Internet of Things

Just 1.5% of executives at large companies say they have a clear vision for the industrial IoT with implementation well under way.

55% of executives say industrial IoT is gaining adoption within their industries, including both pilots and larger-scale adoptions.

— “The Impact of Connectedness on Competitiveness,” Business Performance Innovation (BPI) Network, April 2017

Obstacles to IoT Implementation

Obstacles to IoT Implementation. — “The Internet of Things: Today and Tomorrow” Aruba, a Hewlett Packard Enterprise company, February 2017

31% of executives say their organizations face a “major skill gap” in their IIoT readiness, while another 31% say the talent gap is “large, but improving somewhat.”

The manufacturing sector is, by far, the leading target of infrastructure cyber-attacks, accounting for one-third of the 295 total attacks reported in 2015. — “NCC/ICS-CERT Year in Review,” The U.S. Department of Homeland Security, 2015

84% of organizations have experienced an IoT-related security breach. — “The Internet of Things: Today and Tomorrow” Aruba, a Hewlett Packard Enterprise company, February 2017

93% of organizations suffer technical challenges to protect data despite a heavy investment in security tools.

 

Latest in Featured

Related Topics

Digital Thread   Internet of Things   By the Numbers   Cybersecurity   Featured   Internet of Things IoT   All topics
 

Subscribe

Subscribe to our FREE magazine, FREE email newsletters or both!

Join over 90,000 engineering professionals who get fresh engineering news as soon as it is published.

Subscribe today

 
 

From our Sponsors

Meltio Takes Metal Additive to the Next Level
Meltio's DED technology enables industries to tailor and customize their solutions to create & repair metal parts.
Easing the Transition from ETO to CTO with Configuration Lifecycle Management
Manufacturers are discovering that the Configure-to-Order (CTO) model provides significant benefits when it comes to customization.
Siemens + Altair = The Next Chapter in Design and Simulation
With its acquisition of Altair, Siemens creates a unified simulation portfolio combining generative design with high-performance computing and AI workflows.