Top 3 Benefits of Industrial IoT | Uses and Benefits
Are you wondering what IIoT is and how your business can benefit from it? Industry 4.0, also known as Industrial IoT makes use of smart technology to transform the way businesses operate, communicate, and utilize data. From automating the industrial processes to data-driven insights, this technology has tremendous potential to streamline processes and cut costs. The concept of IoT is nothing new as it already exists all around us. From virtual assistants to smart wearables, IoT has already become a vital part of our daily life. When this technology is used for industrial applications, it becomes Industrial IoT. Several industries such as manufacturing and automotive are already using smart sensors and actuators that help in improving the manufacturing and industrial processes.
Since the introduction of this technology, IoT has transitioned from our homes and offices to factories and warehouses. IIoT is a subcategory of the Internet of Things (IoT) as it uses the similar concept of using embedded sensors, cloud-based data, and connected devices in the industrial sector. This technology allows connecting industrial devices to generate and share data through the internet. It means that once sensors are embedded and the device is connected to the internet, it can be accessed and controlled remotely by storing information in the cloud. Now that you have got a basic idea about IIoT, let’s quickly move to the benefits of Industrial IoT applications.
1. Higher Product Quality
The smart IIoT solutions help in achieving unprecedented precision and efficiency. IIoT applications allow automating the industrial processes that help in eliminating chances of errors. The manufacturing process consists of several steps and each step requires utmost precision. Sensors generate data that helps in ensuring the right temperature, speed, and other factors crucial to avoid equipment failure or product defects. If the manufacturing machines are not properly calibrated or maintained, it will impact the final product quality. Manual handling is prone to errors but automation helps in eliminating the chances of errors and ensures superior product quality.
2. Predictive Maintenance
Most industries are using smart sensors to proactively monitor critical equipment and prevent sudden failure. IIoT not only helps in monitoring devices but also assists in ensuring timely maintenance. In a traditional industrial setting, maintenance schedules are planned based on historical information. This historical data can’t always be accurate and often cause sudden machine failure because problems go unnoticed. But with IoT-enabled devices, managers can receive real-time data to understand maintenance needs and take appropriate action at the right time. Instead of guessing the condition of machines, IoT sensors keep a track of their actual condition that helps in avoiding unnecessary maintenance when not needed. This results in avoiding the cost of sudden downtime and unnecessary repairs.
3. Quick & More Informed Decisions
IIoT applications keep managers informed about every aspect of the equipment and factory. The connected devices generate data that can be analyzed to make quick decisions. Sudden machine failure could cause unexpected downtime. Besides preventing downtime, IIoT applications are used in warehouses and by retailers to keep a track of the inventory. This technology can also be used to maintain a safe workplace and avoid accidents. In addition to this, smart sensors can provide data that can be accessed remotely by the managers to maintain optimal work conditions.