As discussed in previous blog posts, the Internet of Things (IoT) is the term used to describe the immense network of computers, devices and other electrical devices that share massive quantities of data. Every byte of data that has been gathered gets sent to a cloud based service where it’s combined with other compatible data before being shared with users in a helpful, beneficial manner. This enables greater systems automation in homes, schools, retail spaces and a range of industries – essentially the key outcome of the Internet of Things.
The Industrial Internet of Things (IIoT) is the name given to the application of the IoT to the manufacturing industry. And the Industry 4.0 is regarded as the fourth industrial revolution. Whereas the Internet of Things has a very user-centric focus, the IIoT is more about improving efficiency and health & safety. The IIoT is seen to be a game changer in the manufacturing industry, as it gathers larger quantities of data at a faster speed and with greater efficiency than ever before.
Benefits of the IIoT
Industry 4.0 and the Industrial Internet of Things, offer a wealth of benefits to the manufacturing industry. It has the ability to enhance connectivity and scalability, improve efficiency, and increase time and cost savings for many industrial organisations. Predictive maintenance capabilities, combined with enhanced safety and improvements in efficiency across other operations, have seen many companies enjoy substantial cost savings since the implementation of the IIoT.
The Biggest Challenges Faced by the IIoT / Industry 4.0
The two biggest hurdles believed to be standing in the way of Industry 4.0 are security and interoperability between machines and devices that might use different protocols.
What to Expect in the Future
As we look to the future, what we can largely expect to see from manufacturing organisations that implement the IIoT is that their systems and any machinery will become modernised and capable of maintaining pace with the speed of the market. Organisations that have already moved forward with Industry 4.0 have experienced significant upturns in workplace safety, profitability and operational efficiency. We can only expect this trend to continue as more businesses embrace IIoT in the future.
To learn more about the Industrial Internet of Things and how your business could benefit, contact HYDAC today.