Hi guys! Hope you’re well today. In this post today, I’ll cover What is Industrial IoT (Internet of Things?)
IIoT is now a talk of mainstream conversation. This term has blown up in the past couple of years. Before we move further to describe IIoT, it is evident that industries are no longer dependent on the traditional production processes that happened to be costly and guaranteed no optimal results. Now companies are willing to incorporate automation in manufacturing and production processes. Smart systems, no doubt, are dangerous for the traditional labor workforce, but on the other hand, they create more opportunities for the people equipped with the latest business trends.
Curious to know more about Industrial IoT, how does it work, the difference between IoT and IIoT, examples of IIoT, the impact of IIoT on jobs and workers, and the advantages of IIoT?
Keep reading.
The Industrial Internet of Things, also known as Industry 4.0 or Industrial Internet, is the use of smart connected machines, embedded sensors, and actuators mainly used to enhance the overall efficiency and productivity of manufacturing and production processes.
At its core, it is used to automate processes for the production of optimal products that build a strong connection with the customers and create new revenue streams. Automation leads to accuracy and better efficiency and removes the likelihood of error that is difficult to attain by a simple human workforce. The Industrial IoT is used across a range of industries including manufacturing, oil and gas, logistics, mining and metals, transportation, aviation, energy/utilities, and more.
The smart devices deployed in Industrial IoT are used to capture, store and analyze data in real-time and that data is delivered to the company leaders to make faster, smarter business decisions.
A typical Industrial IoT system contains:
For example, I own a PCB manufacturing industrial unit. And I want to know which types of PCBs are most popular among customers. With IoT technology I can:
The information gathered by the smart devices helped me to make better decisions on which items to stock up on which ultimately helped me save both time and money.
You’ll find a range of Industrial IoT examples. A few of them include:
When a certain industrial process or a piece of instrument is at the brink of total failure, preventive and proactive maintenance is applied to allow a quick fix to the problem beforehand. This saves both time and money which otherwise results in costly instrument replacement. Traditional methods are obsolete to identify the problem in advance since they often required access of labor to remote places to perform manual testing. With IIoT, you get an alert when the problem starts developing, which provides a valuable insight into whether the instrument requires overhauling or complete replacement.
Automating the process is the main takeaway of employing IoT in industrial settings. When industrial processes are automated and involve no human intervention, it removes the likelihood of errors and improves operational productivity, and reduces overall production costs.
Remote monitoring is challenging for the industries. With traditional methods, not only is it difficult but also inefficient and risky. The businesses require consistent monitoring of the instruments working out in the field. Manual testing is risky since the field environment is often occupied with lots of heat, vibration, or humidity. And the access of humans is not recommended to those places.
With the inception of digital technology, workforce transformation is on the rise. This new wave of technology, no doubt, removes the need for certain jobs but it also creates the possibility of generating new ones. According to the survey of business leaders in Accenture, this new digital era will create more jobs than it will eliminate.
The Industrial IoT provides scores of opportunities in optimization, automation, smart industry, intelligent decision making, industrial control, asset performance management, and in the sectors directly dealing with the customer’s behavior. They strive to create an environment tailored to the exact customer’s needs and demands so they keep coming back for what industries have to offer.
The IIoT makes the processes more efficient and improves productivity. It advocates for smart work, not hard work. Plus, the smart devices in IIoT removes the possibility of errors that may otherwise affect the production process if the traditional workforce is employed. Automation can gather data from hard-to-reach places, even reducing the risks to human lives. When a worker knows, they will get a notification on the smartphone about the tank leakage or the certain equipment that needs replacement, which means danger can be predicted in advance before it goes catastrophic.
This leads us to the conclusion: to survive in the ocean of digital transformation, it’s obligatory to equip yourself with the latest trends in engineering and information technology and liberate yourself from traditional research and development processes.
There are many advantages of industrial IoT and low operating cost tops the list. With IIoT, you no longer need the physical presence of a human that requires monthly wages, paid leaves, healthcare costs, and holidays. Moreover, it doesn’t require commissions, monthly bonuses, and pensions that are compulsory if you induct human employees into your industry. More advantages of IoT include:
Industries have been incorporating automation into their production and manufacturing processes.
And this trend will increase over time and you’ll witness more industries are stepping into the realm of automation.
Industries are committed to upgrading their system and instruments to keep up with the modern trends and to make a footing in disruptive technologies.
This process is, no doubt, more efficient, delivers better results, maintains product quality, and is more economical. Even though it requires a high initial cost, it doesn’t need a regular labor force, reducing the overall operating cost of the processes.
If you want to make your worth in the industry, it is wise to keep you updated with the latest industry trends to make sure you’re not left out in the traditional industry jobs.
That’s all for today. Hope you find this article helpful. If you have any questions regarding IIoT, you are most welcome to ask in the section below. I’d love to help you the best way I can. Thank you for reading this article.