IoT is booming in the consumer sector, with more and more devices becoming 'smart' every day. It's only logical that the industrial sector will start embracing the internet of things. Industrial IoT (also known as IIoT) is the system connecting all elements of an industrial sector together in a novel way to create a seamlessly connected industry. Different elements in the system are able to send their data to the cloud which can be used to return commands or decisions to other components of the system.
IIoT has numerous benefits which make it enticing to embrace. First, it allows supply chain partners to operate more collaboratively, enhancing the quality and efficiency of your supply chain. Additionally, the monitoring of devices using IoT allows you to plan predictive and preventative maintenance which is often more cost-effective than reactive maintenance. You can also use IIoT for remote software updates or control of devices.
IIoT enhances visibility, increasing the ability of your business to serve your customers. You can also increase your production quality eliminating costs associated with product loss. Overall your business will be more sustainable in terms of both financial and environmental aspects. IIoT will help to bring increased value to your company. The consumer sector is already loving IoT, isn't it time your industry embraced it too?