Listening to the Voice of The Machine

Yet, those opportunities, to date, have largely been unrealized. While much of the focus of Internet of Things (IoT) technology has been on “enterprise-level” IoT systems, these systems are unable to collect data from the component level. To borrow a phrase from telecommunications, industrial IoT has failed to travel the “last mile,” limiting its overall value.

Proprietary protocols, security concerns, and the overwhelming volume of data being generated have all prevented operators from covering this last mile and gaining the insight they need to predict failure and optimise performance at the component level.

That’s where Parker's 100 years of experience comes in. Their depth of technical knowledge gained from working across hundreds of thousands of applications, has been instrumental in their effort to effectively address the challenges of discrete IoT. For example, they know exactly where to integrate sensors for optimal insights, what data to collect, and how to present it to maintenance, repair and operations professionals in the way that is most useful to them.

They also realized that their products must co-exist with products from other manufacturers. One of the core principles of their centralised IoT initiative is “the value of any IoT solution is directly proportional to its interoperability.” They employed an open, exchange-based architecture that enables interoperability with third-party products, applications and platforms. They also worked with the OPC Foundation and the Industrial Internet Consortium to support interoperability across IoT devices and platforms.