Hey, the word “Automation” sounds so interesting in the world of technology, isn’t it? So far, we have been upgraded to the world of IoT. This means the interconnection of systems/things via the internet, which has sharpened our actions in terms of Consumption of Utilities, Smart Monitoring, Process Control, Data Analysis, etc.
IIoT simply means getting information that every single consumer needs in their hands when they want it. The massive chunk of data is very crucial in resolving many Industrial, Cities & Household issues. It is the urge to get rid of human errors and manual actions by enhancing the monitoring & controlling of data in a smarter way.
In this way, the Internet of Things has been introduced to make Smart Devices that drive more efficiency. With most Organizations, the data is not real-time & lacks efficiency, inhibiting key stakeholders to make informed decisions. Hence, IIoT is introduced to allow making decisions using information received in real-time & not from the report generated from yesterday’s data.
IoT has several applications whether in Smart Cities, Smart Homes, Irrigation Automation, Smart Grids, etc. But there is also a word in trend named “IIoT” which means Industrial Internet of Things. The necessity of Industrial Automation, Connectivity & Analytics makes IoT a Super-Hero.
Why IoT is significant in Industrial Automation? Let’s have a look here:
Industrial Automation has been enabled by many technologies but IoT is the crucial one. This transforms the outlook of data monitoring, hassle-free controlling, and increased efficiency. Nowadays, production sectors rapidly introducing IoT where Machineries can be automated and anticipate possible production hurdles with better efficiency.
The IoT system comprises:
- Smart Devices that capture & forward the encrypted data over the Internet.
- A network architecture that collects & reads the data.
- Software Stack displays the processed data & allows monitoring of it.
- Controllers or Instruments then act by utilizing the same information.
This system has been fitted in Productions Sector, Chemical, and Agriculture industries, as well as in Smart Robotics and fixing Security challenges. The growth of IIoT evolves as a way to something bigger.
“The technology that powers an organization has become just as essential to success as the product or service a venture provides,” tech entrepreneur Leon Hounshell wrote in Forbes.
The potential of growth by implementing IIoT is predicted to generate $15 trillion of global GDP by 2030.
The benefits of IIoT have been highlighted as follows:
- The contribution of IIoT has made vast changes in the economy. The main focus is not on the Suppliers but on the Consumers which increases business productivity.
- It improves operational efficiency, lowers operational costs, and increases income generation.
- Optimization & Process Control of complex data enhances solutions.
- With IIoT, there are high chances to create revenue generation which helps in expanding businesses.
- Similarly, IoT devices can monitor and better manage an HVAC system.
- IIoT works on improving productivity and quality, without burdening resources.
A Prominent Global Leader Robert Cannon has nicely said that “Everything that can be automated will be automated”.
There are many Industries or Companies that deploy Industrial IoT as their use cases. Some of them are Honeywell, Siemens, Litmus, etc.
For example, Honeywell’s Connected OEM is an IIoT platform that allows for remote equipment monitoring to “harness opportunities to cut costs, improve reliability, enhance performance, and drive incremental revenue.”
Litmus creates software that connects industrial devices, both legacy and modern, so industrial companies can access data in real-time. The platform works from the edge to the cloud, allowing businesses to manage the entire lifecycle of IoT deployments.
