The Industrial Internet of Things (IIoT) is the use of Internet of Things (IoT) in the manufacturing and processing industries.
The IoT is big data and machine learning harnessing sensory data, machine-to-machine (M2M) communication and automation technologies.
The driving philosophy behind the IIoT is that smart machines are better than humans at accurately and consistently capturing and communicating data.
Seeing as this data can empower companies to identify inefficiencies and opportunities, saving time and money, it's no wonder that the Industrial Internet of Things is generating so much buzz.
For manufacturers, the IIoT holds great potential, especially in terms of quality control and supply chain traceability.
Stanley Black & Decker have embraced IoT technology and the analytics they make possible.
They turned to Cisco and AeroScout to help operate its tool manufacturing plant in Reynosa, Mexico, which serves the North American market.
Opened in 2005, the Reynosa plant primarily manufactures dozens of products, including jigsaws, planers, cordless drills, floodlights, and screwdrivers.
Because the plant has thousands of employees producing millions of power tools each year across 40 multiproduct manufacturing lines, small, analytics-powered changes can have massive impact on the bottom line.
The IIoT is one arm of a growing, global network of, well, everything. There will be an estimated 50 billion connected devices by 2020. That's not just an Internet of Things, it's an Internet of Everything, including IIoT, smart homes, smart cities and more.