The Industrial Internet of Things (IIoT): The Future of IoT
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 IIoT promise is that IoT technologies will enable businesses engaged in the manufacturing and processing industries to boost revenues by increasing production and creating new hybrid business models, exploit intelligent technologies to fuel innovation and transform their workforce.
Why Is IoT Such A Big Deal
This is the IoT promise everywhere. Smart homes, smart cities, smart agriculture, etc, there is a growing network of physical devices known as the Internet of Things, and this network of vehicles (smart devices) is creating endless possibilities. All a vehicle needs to do is collect and share data to the cloud. That’s it.
In a home setting, that means your car telling your garage door that you’re almost home. Maybe that doesn’t sound revolutionary to you, but that’s only scratching the surface of what’s possible.
The point is, using IoT technology, we can know more and do more quicker, better and smarter.
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.