Industrial Internet of Things

New application gateway technologies at the network edge enable highly-optimized industrial IoT solutions that enhance productivity of existing grid infrastructure. Devices such as MACHGateway®, developed by MACHFU, enable collection of data from grid assets on the state of the grid and rapidly signal changes, enhancing traditional monitoring systems, and increasing reliability and grid capacity. The results […]

Siemens reported a 2% rise in industrial profit for its fiscal third quarter on August 2, topping analyst forecasts, though the German engineering giant also reported that revenue for the quarter dropped 4%. The earnings report comes as the company prepares to implement a new strategy that cuts its number of business divisions. The company […]