With the rise of Industry 4.0, the Internet of Things (IoT) came into limelight. It’s an era of smart devices the world will be connected with smart devices to make human life better and easier. When IoT focuses on improving human life by connecting the objects and making the surroundings smarter, industries also started exploring how to leverage the potential of IoT to boost operational efficiency. This was the time when the concept of IIoT (Industrial IoT) came into existence. The technology enables businesses or factories to experience the paradigm shift through connectivity, automation, and analytics.
Let’s have a tour of what is IIoT all about, which industries are impacted by it, and how the technology help businesses drive tremendous efficiency to their operations with a grate level of accuracy and effectiveness.
What is IIoT?
IIoT is the business-focused evolution of the Internet of Things (IoT). So it works with the basic concept of IoT only.
IoT is a network of connected devices and objects such as humans or machines. The connected devices or objects communicate with each other and exchange the data over the network.
For example, if you have installed an air conditioner that has sensors and Bluetooth embedded in it, then you can operate it from your smartphone. Moreover, you can receive all the requires notifications on your smartphone about services.
When you implement the IoT for industries, it refers to the convergence of information technology and industrial IoT processes. The sensors and Bluetooth connect multiple objects or devices as well as collect and interpret the data. Moreover, the interconnected devices or objects can exchange information and data.
IIoT helps businesses automate business operations by bringing accuracy and efficiency in industrial IoT processes harnessing the potential of information technologies.
If we consider the operational context, then we can say, IIoT is machine-to-machine intelligence that enables businesses to drive revenue through minimized downtime, improved safety, and/or improved efficiency.
5 Industries that are Highly Impacted by IIoT
Logistics & Transport
With the help of connected sensors, logistics and transportation organizations can manage the cold chain, optimize fuel consumption, and leverage the fleet maintenance.
Manufacturing the biggest market of the IIoT. The technology installs sensors in the machines to collect the production data and uses the cloud environment to process the data and get valuable and actionable insights related to the efficiency of the manufacturing operations.
Using the IoT sensors embedded equipment, the energy companies to generate, transmit and distribute the data to monitor the process remotely. The sensors optimize the maintenance schedule by measuring different parameters such as temperature, vibration, etc.
The sensors help the utility companies to keep up with the increasing demand for water and energy by optimizing the production and distribution of the resource. Thus, utility companies can generate revenue, conserve resources, and improve operational efficiency by implementing IoT. Sensors also improve safety in the workplace, especially for oil and gas businesses.
Embracing the IoT, Retailers can monitor the inventory and transmit the data about product whereabouts and movement. It also helps retail business owners to optimize their supply chain.
Moreover, IoT helps retailers learn about customer preferences and needs, increase customer interaction, improve services, and boost sales.
5 Industrial IoT Implementations that you can Leverage
Indoor Asset Tracking
IoT sensors collect the data from the devices and enable companies with valuable insights. The sensors also collect the data of tangible devices or objects.
The technology helps the companies in asset tracking by allowing them to trace the location of the assets or objects. Not only that, but the sensors also measure weight, temperature, and damage to the objects.
It is very essential for the supply chain system of the company to avoid losses due to damage to supplies and issues in the transportation process.
To perform predictive maintenance, the machine should be attached to the sensors inside or outside. The sensors detect the working condition of machinery during the operations.
If the machine performs a predefined set of tasks within the defined timeline that means the working condition of the machine is good and it doesn’t require maintenance.
But if the machine takes a long time to perform the tasks, then sensors detect this change and accordingly notify the factory manager about the change through controller devices or stimulate another device to perform a maintenance check. This is how IoT helps production units to perform predictive maintenance.
Attaching the IoT sensors to the medical equipment, doctors can track the patients’ conditions. The advanced IoT solutions analyze and interpret the measurements from smartphones to medical devices. Such an implication of IoT changes the life of both doctors and patients.
Using IoT sensors in medical equipment, doctors can remotely monitor the patients’ conditions. It helps patients, especially senior citizen to reduce the need for regular appointments and schedules.
Inventory Monitoring & Management
If you are an organization having multiple establishments across the state or city and you are managing the product stock at the single warehouse, then it will be difficult for you to track the product location and the number of inventory available in the same product category.
Attach RFID tags in each product category to get real-time data about inventory management. This is a highly efficient process compared to counting inventory manually or just eyeballing it.
Smart Metering & Measurement
This use case is more relevant to manufacturing companies. When its mass-produced items fail to function or has some defect, they implement the IoT based smart metering. The sensors of the meter can gauge essential measurements such as moisture, temperature and other parameters that are crucial for the functioning of metered objects.
Implementation of IIoT has disrupted the different industry domains by automating the business processes and operations.
To get a perfect IoT solution for your industrial needs, connect with a web and mobile app development company that can deliver the best web and mobility solution that analyzes the data received from devices and transmitted by the sensors.
All you need is just to install IoT sensor-enabled machines, devices or objects at your preferred location, the software solution provider can process the data and provide you the insights about required actions.
Optimize your industrial uptime, maximize production, and boost the revenue cycle by implementing IIoT.