Big Data Analytics is Poised to Change the Maintenance Services Models Across the MFG. Sector [Maintenance News]

August 26, 2015 tohanlon@reliabilityweb.com
The landscape of business opportunities in the manufacturing services sector is expected to increase 1.5 times by the end of 2020, finds Frost & Sullivan The advent of the Internet of Industrial Things (IoIT) has triggered an influx of technology-oriented services such as cybersecurity and advanced maintenance. This has dramatically widened business opportunities in the manufacturing services sector. As integration with information and communication technologies (ICT) such as big data analytics and cloud-based platforms will form the crux of next-generation manufacturing services, solution providers are developing a portfolio of services that address security and operational improvement as well as maintenance and support.
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