The Internet of Things (IoT) is not a fad. Research provider BI Intelligence predicts the number of IoT devices connected to the Internet will more than triple by 2020, from 10 billion to 34 billion. Networking computers, devices and machines to collect and share data is transforming many industries, including manufacturing where it can help lower operating costs, decrease machine downtime and increase overall productivity. To realize the full benefits, however, manufacturers must view the Industrial Internet of Things (IIoT) like Lean Manufacturing – a long term initiative that creates an avenue for continual improvement and innovation.
Renishaw, a world leader in precision engineering technologies, will be exhibiting its extensive range of metrology and additive manufacturing equipment at IMTS 2016 which takes place September 12-17 in Chicago, USA. Visitors to Renishaw’s booth at E-5509 will also be able to see its new high productivity machining cell concept.