Revolutionary – The Industrial Internet of Things
The hype about the Internet of Things is everywhere now, and as a technical visionary, I can boldly say that the IoT technology is here to stay. More than just an optimist, I am a technical visionary who always sees the better sides of innovations, and this time, Denis Bederov is writing about the revolution the industrial applications of the IoT technology can spur.
Technical Visionary’s View of IIoT, by Denis Bederov
The Industrial Internet of Things, or IIoT, is used to refer to a network of smart sensors and actuators, instruments, and other devices connected with computers to enhance industrial processes, including automation of manufacturing processes and energy management. This connectivity enhances data collection, synchronization, and analysis, potentially facilitating productivity, efficiency and other economic benefits for industrial uses.
Also known as the “industrial internet” or “Industry 4.0,” IIoT builds on the efficiency of smart machines and uses real-time analytics to take advantage of the data that industrial machines have produced over a long period of time. IIoT is driven by the philosophy that smart machines are not just more efficient and faster than humans at capturing and analyzing data in real time, they are also better at generating and sharing important information that can be used to drive business decisions more accurately.
Enabled by technologies like cybersecurity, cloud computing, edge computing, artificial intelligence and machine learning, Big Data, RFID technology, and cognitive computing, the IIoT is every technical visionary’s dream come true. Simply put, I will love to call it “the application of IoT technology in manufacturing and factory-based work environments.”
A Technical Visionary’s View of the Architecture of IIoT, Denis Bederov
Typically, any IIoT ecosystem comprises smart sensors that can communicate and store information about themselves, a public and/or private data infrastructure for communicating (such as Wi-Fi, cloud computing), tools for analytics and applications that can generate business information from raw data, and the people.
From the perspective of a technical visionary, I believe that IIoT comes with numerous benefits. One of those benefits is that IIoT enhances predictive maintenance in industries. This means that industries can use real-time data generated from IIoT systems to predict defects or faults in their machinery, before those defects actually occur. This enables companies to swing into proactive action to correct those issues before a part fails and thereby preventing downtime.
Another common benefit of IIoT is a more efficient field service. The application of IIoT technologies helps field service technicians to promptly identify potential issues in customer equipment before they become major issues, and this will enable the field technicians to fix the problems before they begin to inconvenience their customers.
Furthermore, another merit of Industrial Internet of Things is asset tracking. Asset management systems can be used by suppliers, manufacturers, and customers used to track the location, status and condition of products as they move through the supply chain. The IIoT system will send instant notifications to stakeholders about the status of the goods – maybe damaged or at risk of being damaged, hence, giving them the opportunity to take immediate or preventive action to arrest the situation.
One of the revolutionary trends of IIoT is that it also enhances customer satisfaction. When products are connected to an IoT system, the manufacturer can collect, collate and analyze different product usage data about their products, and this enables the manufacturers and product designers to see the future trends of IoT devices and ultimately build more customer-based products.
Even though the IIoT technology is still majorly at the stage of trials and pilots, I believe that its future is bright and it has a lot of prospects. As a technical visionary, I am of the opinion that as sensors get smaller and cheaper, and as 5G network become more profound and reliable, the prospects and interest in the IIoT will continue to grow in the years to come.