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Industrial leaders are looking towards new technology to advance their operations. 

Facility Managers and other engineering leaders charged with ensuring safe, reliable, and efficient operations for complex industrial processes contend daily with the effects of rapid change in technological, market, and business process landscapes. For many, the promise of Industry 4.0 to drive new levels of efficiency, resilience, and agility remains a distant vision. Fortunately, several enabling technologies – including Industrial Internet of Things (IIoT), Machine Learning, and secure Cloud Computing – have reached a level of maturity and accessibility to bring the material benefits of Industry 4.0 approaches within reach of a growing number of industrial plants. 

$4.4 M


Cost of generating a megawatt of power using natural gas in 2027, according to Turbomachinery Magazine. 

$11.1 T


Total potential impact of IoT by the year 2025, according to McKinsey & Company

$1 T


An estimated US $1 trillion in new investment is needed just to rehabilitate current water infrastructure over the next two decades. (Source: Confronting America’s Water Infrastructure Challenge, AWWA) 



83% of respondents are “very or somewhat interested” in the larger effort of asset management.  (Source: Black & Veatch 2018 Strategic Directions Water Report) 



70% of respondents expressed interest in real-time control and Big Data system analytics. (Source: Black & Veatch 2018 Strategic Directions Water Report)