The Industrial Internet of things which is also known as the Industrial Internet has now becoming a major trend in different industrial businesses. It is actually a sub category of the Internet of Things where a large number of machines or devices are synchronized and connected with the help of tools and technologies.
The term machine-to-machine refers to interconnecting devices in order to reduce the human interaction as much as possible. Just like the Internet of Things to healthcare industry, the Internet of Things also does have benefits in manufacturing and beyond. Let’s check some of the benefits of the Industrial Internet.
Advantages of Industrial Internet of Things
It is said that by the year 2025, the Industrial Internet of Things market is expected to reach 933.62 billion dollars. There are many sectors that can benefit from this industrial IoT solution and this includes healthcare, energy, transportation, manufacturing, agriculture and more. The Industrial Internet of Things solutions will allow an easy, affordable and an efficient way to maintain different processes. If there will be a greatest benefit of Industrial Internet is that it reduces the manual labor and human errors, which in return will help in the increase of overall efficiency and also the reduction of cots both with money and time. Also, it can also be seen that the Industrial Internet of Things will be of great help in maintenance and quality control.
In the near future, it is said that the Industrial Internet of Things will allow different machines to communicate smoothly and that’s why it enhances interoperability. Most machines don’t have any computer interaction or connectivity and somehow there are still some factories that have these kinds of machines. But it will change soon as there built-in sensors attached to every equipment in the factory so that more work will become easier and manageable. With the help of Industrial Internet of Things (IIot) platform, someone can automate the switching off of the machines which are not in used which by the way helps in saving energy and money. By the help also of these sensors, factories can schedule a downtime basing on what the sensors are telling about the condition of the machine. This will help in avoiding disruption in the production process, again saving time, energy and money.
To sum it up, here are the benefits of IIoT – saves time, saves cost, improve field service, asset tracking, enhanced customer satisfaction, facility management, increased efficiency, enhanced industrial safety and improved connectivity between devices. These are just some of the benefits but by time and a lot of effort put into it, many advantages will soon be reached.
Industrial IoT Applications
Let’s take a look at some of the industries or companies that have somehow integrated the IIoT applications. Listed are some of the companies that have IIoT platforms.
- ABB – robotics and power firm that uses sensors to monitor the maintenance needs of the robots.
- GE Digital – Predix – it is said to be the largest industrial platform in the world. GE Predix was believed to generate 4 billion dollars in revenue in a year.
- Bosch – known to be track and trace program. It added sensors to their tools to track them and started to create a gigantic network in the globe.
- Amazon – this online retail does not often categorized as Industrial Internet of Things but when it comes to logistics and warehousing, this company is sure to be an innovator.
- Cisco – the original networking company, Cisco is famous when it comes to IT sector, not only famous but also successful.
These are just some of the things that everyone should need to know about the Industrial Internet of Things. Leading companies already dig deeper and have hip-deep into the Industrial Internet and they are really enjoying the benefits. The hard part for this is deciding on where to start so if you want to start on your IIoT journey, this might be the best time.