The Industrial Internet of Things is a growing trend that incorporates the use of Internet of Things technologies in manufacturing. It is important to understand the different subareas within the manufacturing industry, since both an aftermarket manufacturer and an OEM (Original Equipment Manufacturer) can benefit from the use of IIoT.
IIoT connects data previously stranded from smart sensors, equipment and other industrial assets with predictive analysis and other advanced applications both in-plant and remotely with cloud computing.
IIoT combines machine learning and big-data technology. It harnesses the machine-to-machine communications and automation technologies that have been in use for many years in industrial settings.
The IIoT’s core philosophy is that intelligent machines can capture and communicate data more accurately and more precisely than humans.
Opportunities are increasing as IIoT becomes more notable and industry experts continue to talk about its importance. All Manufacturers, either an aftermarket manufacturer or an OEM, are using IIoT to find inefficiencies in their processes and turn them into more profitable practices.
General Benefits for the Manufacturing Industry
IIoT provides better traceability and efficiency in supply chains, which can lead to faster production and lower prices.
This technology gives manufacturers an opportunity to capture and communicate data more efficiently, allowing them to analyze their operations better.
Manufacturers can also improve customer service by using connected devices and dynamic QR codes via IIoT. Operators can solve problems faster because of the speed of data and information transfer.
In addition, since IIoT allows manufacturers to focus on customer satisfaction, profits tend to rise. They can be flexible to meet customer demands and create new business opportunities.
Benefits for an OEM and End Users
IIoT is not just for aftermarket manufacturers. End users can use the information and operation technology to integrate smart machines, creating a smart factory.
IIoT offers a linking point that provides a complete view of operations from shop floor to top floor.
OEMs are working to improve the machine’s performance to meet the demands of the plant. Moreover, they are also trying to improve safety and maintenance throughout the plant. Therefore, they must make use of the IIoT opportunities.
Food For Thought
New technologies like IIoT are driving manufacturing innovation, moreover, IIoT could ultimately result in a revolution in the manufacturing industry. Manufacturers already have the ability to connect to data that is stranded by using computing devices remotely or in the cloud. Since, IIoT possesses multiple benefits, how long do you think it will take for manufacturers to make a standard manufacturing practice out of IIoT’s newest applications?