Summary of IIoT
The Industrial Internet of Things (IIoT) is the application of the generic Internet of Things (IoT) technologies in an industrial context. In the IoT world, any ‘thing’ buildings, animals, machines, process equipment, medical devices, etc. use sensors to collect data and send this data to whoever or whatever needs it.
In the Industrial Internet of Things scenario, machines, computers, people and businesses interact and generate data across the entire value chain stretching from suppliers to the end customers and including all the processes, plant and people in between that constitute the manufacturing enterprise. These ‘objects’ generate vast amounts of data which is analysed and machine learning algorithms applied where appropriate. Ultimately, key business metrics are extracted from the data which manufacturing enterprises use to:
· Increase operational efficiency.
· Improve productivity.
· Create new business opportunities.
· Reduce downtime and maintenance costs.
· Improve asset utilisation.
· Improve health and safety.
· Enhance the customer experience.
IIoT can benefit both large and small enterprises as they transition into the I4.0 digital era. Typically, IIoT is used to augment and enhance traditional industrial control systems but those organisations with little or no automation capability also benefit because of the relatively low cost and ease of IIoT deployment.
Barriers to IIoT
Research has shown that the primary barriers to the adoption of IIoT are:
· Lack of skills.
· Lack of standardisation.
· Security and potential risks.
· Inability to transfer data into business value.
IMR is helping companies to overcome these barriers and thus benefit from IIoT through:
1. Informing industry about the capabilities and potential benefits of IIoT — The Internet of Things is a much-hyped phenomenon and is often portrayed both as a competitive threat if not adopted by an organisation and as a threat to existing practices when adopted within an organisation. IMR is helping to debunk the hype and demonstrate its capabilities and benefits with use cases from the real world.
2. IMR is actively researching and evaluating emerging IIoT trends, standards and specifications — There are many competing initiatives in this area including proprietary, open source and government involvement. IMR acts as an independent assessor and facilitator.
3. IMR can help companies to resolve specific challenges within their organisations and develop bespoke solutions using both in-house and academic research resources.
4. IMR offers a secure reference IIoT hardware and software platform that companies can easily deploy to explore IIoT and develop in-house proof of concepts.
5. Using IIoT along with the other capabilities within IMR such as Data Analytics, Machine Learning, Cobotics, UIx and Software Development, IMR helps to solve real world problems. This includes the areas of predictive maintenance, production line optimisation and energy efficiency.