Title: Valve Sales to Refinery will be Impacted by IIoT

This article by Mcilvaine appeared in the February 2018 Valve World. In 2018 refineries will spend $8.5 billion for valves. (1) They will also spend $23.9 billion for guide, control and measure which are the building blocks for IIoT. (2) Those valve suppliers who have weak IIoT programs will be likely to lose market share to those with strong IIoT programs.

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