IoT Technologies Will Improve Industrial Risk Management
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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.
Table of contentsIoT Technologies Will Overcome Intractable Risks
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