Effort and Benefits of IIoT Platforms

A systematic approach to identifying when to implement common use cases in SME

JournalIndustrie 4.0 Management
Issue Volume 39, 2023, Edition 5, Pages 22-26
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Abstract

SME often encounter risks and obstacles when implementing IIoT solutions, but these challenges can be mitigated with the use of an IIoT platform. To select the appropriate platform, a decision- making approach has been developed. By choosing the right use cases, companies can directly benefit from IIoT implementation and gain a competitive edge in the market. Our research indicates that at least three applications have a favorable balance between benefits and effort. Once successfully implemented, these applications can be expanded and scaled as the company becomes more digitally proficient.

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