ZYFRA Group becomes member of The Industrial Internet Consortium | Automation.com

ZYFRA Group becomes member of The Industrial Internet Consortium

ZYFRA Group becomes member of The Industrial Internet Consortium

March 29, 2019 - Finland-based ZYFRA Group became a member of The Industrial Internet Consortium (IIC), now incorporating OpenFog, the organization working to transform business and society by accelerating the adoption of the Industrial Internet of Things (IIoT).

Zyfra focuses on the introduction of IIoT technologies, that is, connecting to the internet machines, industrial robots and units to create a single information space at the enterprise. Company’s park of "connected" equipment is more than 8,000 machines. The company works with more than 250 enterprises around the globe.

The application of IIoT and AI in manufacturing are projected to generate from $45 bln of value globally by 2022, in four primary forms: operational efficiency, predictive and preventative maintenance, supply chain management, and inventories and logistics. Analysts anticipate the application of IIoT to maximize factory floor efficiency will have the largest impact among the four IIoT application forms, increasing productivity by as much as 25 percent. “Smart factories” are promising to generate up to $3,7 trillion in the same period.  Evolutionary development of industry from mechanization to industrialization, and then from automation to Industry 4.0 is characterized by the massive use of various sensors for the collection and exchange of information integrated with intelligent systems.

The IIoT is a computer network consisting of elements of industrial equipment, scientific tools, equipped with technologies of interaction with each other and the external environment. The goal of the IoT is to change the technological and business processes in such a way as to increase their efficiency and reduce the need for human participation in making routine decisions related to the management of objects in such networks. In a general sense, IIoT can be equated to fully automate digital production.

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