Industrial Internet of Things (IIoT) Can Transform the Way Industries Work
The adoption of sensors in industries has given
the rise to the industrial internet of things market. These sensors help in
converting information from analog to digital. The industrial IoT refers to the
interconnectivity of industrial processes and manufacturing equipment by the adoption
of the internet of things (IoT). Computing power and data networking have
increased the demand for sensors in the automation industry. Factors such as continuous development of sensors and
the adoption of computing, data, and connectivity technology, human-machine
interaction, analytics and artificial intelligence, and digitization are
expected to increase the demand for the industrial internet of things (IIoT).
IIoT is the development of a distributed
control system that allows high levels of
automation using cloud computing to
refine and optimize process controls. Furthermore, increasing digitalization
and increasing government investments to promote the adoption of IoT in various
industries such as manufacturing and utilities are expected to increase the
demand for IIoT. Businesses are reaping
the benefits of IIoT to achieve economies of scale by increasing their data
analytics, improving overall quality, controlling costs using predictive
maintenance. Numerous machines and sensors are connected to the Internet using
these technologies to facilitate machine-to-machine communication. These
technologies also enable the collection of large volumes of data for improved
decision-making.
In November 2018, the United States-based company
launched a new platform to ease edge-to-cloud computing and help businesses rapidly
advance their Industrial
Internet of Things (IIoT) initiative from pilot to production. Moreover,
the United Kingdom Government is investing in projects that explore the
combination of 5G and the industrial internet of things (IIoT). Furthermore, the Industrial Internet
of Things is growing significantly in Italy,
as there are many industrial IoT suppliers in the country. Basically, the
industrial IoT refers to the extension and use of the internet of things (IoT)
in industrial sectors and applications.
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