IoT Technologies Will Improve Industrial Risk Management
Dennis Callaghan
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Executive Summary
This report provides risk managers across engineering, maintenance and safety teams with an overview of the future role that Internet of Things (IoT) technologies will play in shaping new industrial risk management frameworks. These digital technologies have the potential to mitigate industrial risks in a field that has ample room for improvement, as recent industrial disasters have shown. While these technologies are still in a nascent stage of deployment, some early success stories have emerged that show how they can reduce risk and maintenance costs while keeping industrial assets up and running longer.Industrial Risk Management Has Ample Scope For Improvement
Digital Technologies Have The Potential To Deliver A New Industrial Risk Management Framework
Success Stories Point To The Viability Of An IoT Strategy For Industrial Risk Management
About the Authors
Dennis Callaghan
Principal Analyst
Dennis is a Principal Analyst at Verdantix, contributing to both the Operational Excellence and Smart Buildings practices. His current research agenda focuses on covering...
David Metcalfe
CEO and Co-Founder
David is the CEO and co-founder of Verdantix, where he leads the firm’s strategic direction and client engagement. Since co-founding the firm in 2008, David has built a ...
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