Applications & Benefits of Industrial IoT

To survive in the cut-throat competition, businesses need to optimize their operations and keep up with the latest technological developments. As a result, smart business owners are exploring the applications of IoT to achieve new growth opportunities. Internet of Things (IoT) was introduced at the consumer level but it has now extended in the industrial landscape. The applications of IoT at the industrial level are termed Industrial IoT, also known as Industry 4.0. So, the Industrial Internet of Things (IIoT) is defined as a network of devices, machinery, and sensors. These machines and sensors are connected to the internet and communicate with each other. The major purpose of implementing IIoT applications is to improve industrial productivity and optimize expenses. IIoT has transformed the traditional methods of manufacturing. The interconnectivity helps in setting up smart manufacturing plants that streamline the production and distribution process. This technology allows harnessing the power of data and analytics helps in ensuring smooth operation.

Benefits of Industrial IoT Applications

The major players in manufacturing and other industries have already adopted IIoT applications. From production to supply chain, businesses can find IIoT applications for each stage of production and distribution. This smart technology is all about automation and data analytics that enhance industrial performances. Some industries are skeptical about this technology because of the increased cases of cyber attacks. However, the best IIoT solutions protect against cyber threats while improving industrial operations. So, if you’re also doubtful about implementing IIoT, here are the top benefits that IoT offers to industries.

1.       Remote Monitoring

The major advantage of implementing IIoT applications is automating tasks and getting access to remote monitoring. IIoT allows setting up a centralized system that can be controlled and monitored remotely. The equipment and machines are connected to the internet via sensors. It not only helps in remotely monitoring the production process but also helps in staying updated with other company processes. The plant manager can monitor all activities through a single dashboard. When machines constantly generate real-time data, the manager gets insights into operational performance and the need for predictive maintenance. So, even if the manufacturing plants are plants located at different geographic locations, it becomes possible to control and monitor operations.

2.       Predictive Maintenance

In a traditional industrial setup, the machines and equipment are maintained at a predetermined maintenance schedule. The maintenance schedule is set based on historical data. However, there is no guarantee that a machine cannot encounter issues before the periodic maintenance date. Often machines stop functioning suddenly which results in unexpected production downtime. To avoid this issue, manufacturing analyzes real-time data that reveals the exact condition and performance of the machine. Analyzing data helps in identifying minor defects that could turn into serious problems if not fixed immediately. Access to real-time data allows understanding maintenance needs at an exact moment. This not only prevents downtime but also helps in avoiding unnecessary repairs. Predictive maintenance helps in ensuring optimal equipment performance and lowers the risk of costly downtime.

3.       Higher Product Quality

The success of any business lies in customer satisfaction which is achieved by producing high-quality products. IIoT offers several benefits such as remote production monitoring, faster and more efficient decision making, reduced waste, and less downtime. All these applications of IIoT help in maintaining higher product quality, increased customer satisfaction, and higher sales. As mentioned above, a sudden equipment failure can halt production. Besides downtime, equipment malfunctioning such as improperly calibrated machines could produce defective or low-quality products. Also, a change in the environmental conditions such as too high temperature or moisture could negatively impact the product quality. But when these machines are connected, it becomes possible to monitor each stage of production and ensure quality control.

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Created on Feb 1st 2024 06:11. Viewed 69 times.

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