IIoT or Industrial Internet of Things is now a reality that has become a strategic priority for 94% of industry executives. We analyze the multiple advantages in efficiency and optimization that are guiding this decision, making the industrial sector a leader in the implementation of IoT in industry.
The IIoT is a network of connected devices that enables businesses to monitor, compile and analyse data for informed decision making.
In other words, it is the application of the Internet of Things in Industry 4.0 with the aim of increasing efficiency and productivity.
The basis of the IIoT emerged in the 1960s, with the first examples of Machine2Machine communication. However, it was with the emergence of TCP/IP and HTTP protocols that the Industrial Internet of Things began to develop as we know it, while in 2012 the term Industrial Internet was coined.
In summary, the IIoT has the following characteristic elements:
Applied to industry, this set of solutions creates an IIoT environment capable of leveraging the following benefits:
Production processes become repetitive and "just in time" production dynamics are generated, with better coordination between suppliers and customers, as well as information on delivery times, manufacturing and availability of materials and personnel.
In addition, monitoring equipment utilization is estimated to improve productivity by 10 to 25%, according to reports from ITIFresearch.
In this sense, 80% of those who have already taken the step towards implementing IIoT environments claim that they are achieving "better than expected" results, according to a study by the consulting firm Gartner.
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One could speak of the Industrial Internet of Things as the application of the IoT in industry. In other words, the IIoT is an offshoot of the IoT and, as such, both have common factors: they both involve interconnected systems based on data analytics and share some types of sensors or communication protocols.
However, the IIoT has its own characteristics:
While IoT is geared towards creating simpler and more satisfying user experiences, the Internet of Things in Industry 4.0 focuses on improving production efficiency and avoiding failures in activities with high security or economic risks.
While any IoT system should have security by design, vulnerabilities in IoT environments are more serious, ranging from fraudulent access to sensitive information to service disruptions through sabotage. In this sense, security in the IIoT needs to be more robust.
IIoT environments must be able to increase their working capacity, expanding to new devices without losing quality of service or performance.
In the IIoT, it becomes more essential to achieve precision in execution and to develop systems that guarantee supply in case of failure (redundancies). On the other hand, it is crucial to reduce latencies (order execution time).
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There are multiple uses of IoT in industrial environments, from predictive and remote maintenance of infrastructure (estimated to generate savings of up to 40% of maintenance costs) to optimisation of energy resources.
These capabilities are driving the implementation of IIoT across all sectors. However, three sectors are at the forefront of implementation, according to a ranking published in ZDNet:
Beyond this ranking, there are also three key sectors where the IIoT has truly disruptive potential:
Barbara's IoT technology technology facilitates access to data intelligence and greater operational efficiency for industrial companies in a variety of sectors,
Want to learn more about IoT in industry and its benefits, seeing first-hand what it would mean for your business? Get in touch with us and request a demo to see how Barbara IoT facilitates more efficient, productive and cost-effective processes.