TECHNOLOGY |
Why industries need to embrace the Industrial Internet of Things (IIoT)
05/10/2024
20mins
Both the Internet of Things(IoT) and the Industrial Internet of Things (IIoT) deal with the collection and transfer of data to the devices connected over its network. The collection of data will always improve processes and enhance efficiencies.
With the IoT being very popular, it is time the industrial sector capitalised on its wide impact. This is where the Industrial Internet of things comes to play an important role.
The foundation of IIoT opens a lot of opportunities. If IoT is about commonly connected devices serving its user base, IIoT is about connecting industrial systems that involve machines, building, and people.
Systems and components connected to this system will send data to the cloud and return commands to other devices according to preconceived data.The devices receiving will operate according to the information received, which helps them perform better. This forms the IIoT infrastructure.
The applications of IIoT, that deliver the technology have more than one reason to be disrupting businesses in future. Some of the applications listed below are relevant reasons why IIoT will be the next big thing embraced by businesses.
Collaborative Infrastructure
Source: Google Images
The IIoT works on an interconnected infrastructure or ecosystem , where all the devices in a system share data with each other connected through a cloud platform. In order to benefit and thrive in the market, major companies and business systems will have to stay connected to the IIoT. Systems connected to the IIoT benefit in a number of ways.
It will leverage business, with IoT already positioning as a great partner in sharing data and enabling better decision making, that depends on data. This would help companies to sustain over time, which makes IIoT a long term investment.
With companies having access to real time data, it will help them with more information to work on improving their organisation. This will increase their competencies and efficiencies making them sustainable in the market generating value for business.
With more reliable and secure data at hand businesses can reduce their dependence on resources and focus more on process development.
The data received through the network will also enable systems to understand their clients better. The data obtained will help them learn client behaviour, analyse and serve them better. Processes can be changed to suit client requirement, which would enhance client relations.
One of the greatest advantages of IIoT, is the enabling of predictive analysis. Input data of the machineries connected to the system can help predict machine breakdowns. This would help prevent issues rather than address them when they malfunction. This would help in better resource allocation and proper maintenance. It would also curb the costs involved in the repair and maintenance of these machineries.
It will also ensure the quality of production. With real time data made available on new and best practices organisations can use them to improve their processes enhancing efficiency and making customer experience better.
Final Thoughts
Finally IIoT must be secure as it can not afford to compromise on privacy and security with a lot of sensitive data involved. So it is important to deploy a technology that ensures security at all levels protecting data at the core. Data security should be ensured before stepping into the IIoT framework.
IIoT can employ technologies like blockchain to address security related issues at all levels enhancing services. Besides by leveraging Artificial Intelligence and Machine Learning, IIoT systems can be made more compliant, competent and Intelligent.
Published:05/10/2024
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