Posts Tagged ‘Asset downtime’

IoT is an acronym for the Internet of Things, it represents a new working model based on connected devices which is used in modern companies to create new revolutionary applications.

The term [1] was coined to Kevin Ashton nowadays co-founder of Auto-ID Labs who used it for the first time in 1999 in a proposal of a pioneering project to monitor the performance and yields of the assembly lines of Procter & Gamble (P&G) through the sharing of RFID devices on the network.

Figura 1. IoT keywords

An indicator of being a trending

https://www.linkedin.com/pulse/digital-twin-xilinx-alveo-vitis-sps-trade-show-giulio-corradi-1f/

After 30 years of SPS IPC Drives, the trade show changed the name into SPS – smart production solutions reflecting the digital transformation that occurs in automation technology.

Digital Twin (DT) in relation to Cyber-Physical-Systems (CPS) are among the main themes of this digital transformation anticipated by the Industry 4.0 initiative.

According to DirectIndustry e-magazine interview to Sylke Schulz-Metzner, Vice President SPS Mesago Messe Frankfurt GmbH, “digital twins is sure to play a large role this year and in the future at SPS…In the future, it will be as difficult to imagine the world