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Document Type: Article Reprint |  Publication: Bloomberg Newsweek |  Date Authored: 5 Dec 2016 |  Size: 169KB
The IIoT is obliterating limitations long viewed as insurmountable. “Traditionally, the problems companies have always faced—such as losses in production efficiency, process reliability and supply chain optimization—are all small, but add up to death by a thousand cuts,” says Andrew Hird, Vice President and General Manager of the Digital Transformation unit at Honeywell Process Solutions. Until recently, the information needed to overcome these problems was inaccessible, dispersed across hundreds or even thousands of people and servers. That era is over.

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