The Internet of Things (IoT), is a network of dynamic physical objects or machines that are interconnected to facilitate the. Nowadays, people can see IoT use cases on electronics, software, sensors, network connectivity, and embedded electronics. With these things, it is possible to create wearable devices, vehicles, and equipment.
Today, data is in a constant movement without the need for human interaction. This allows sharing data with other devices or via a central platform.
Forward-thinking companies are increasingly focusing their IoT efforts less on the underlying sensors, devices, or “smart things”, and more on creating bold approaches to managing data and leveraging IoT infrastructure, so, they can develop new IoT use cases for their business models.
IoT use cases in the market
Sensors in unmanned areas
One of the most important IoT use cases is the “smart sensors”. These devices at unmanned places can help reduce inspection time.
To help lower inspection time, companies place the smart sensors at unmanned locations, such as substations or hydro dams.
These sensors would transmit data back to monitoring stations and drive maintenance actions. They also help companies with CBM or PdM techniques.
The implementation of sensors will reduce labor costs, also, it can lower inspection frequency, and increase data collection capabilities for additional analytics.
A virtualized central operation to control a network decentralized power generation methods.
Virtual power plants have a primary connection to central IoT control machines and shared energy resources, such as:
It establishes data transfer between the central controller system and all participating units by connecting them through a remote unit. The central control system can then monitor, forecast, or dispatch the networked devices.
Virtual power plants aim to seamlessly integrate a large number of renewable energy units into existing energy systems.
The virtual power plants allow for flexibility from all connected units (e.g. It allows for quick frequency control by allowing you to ramp up or down power production as well as power consumption.
A Virtual Power Plant also allows power traders to access live data for enhanced forecasting and trading of renewable energy.
Virtual power plants are gradually taking over the traditional power plant role, selling their output on wholesale markets and taking responsibility for a balanced grid.
IoT Mobile Visualization
In addition to the list of IoT use cases are the mobile devices that improve information flow and efficiency.
Mobile devices can transfer information quickly, reduce paperwork, and enable greater effectiveness in the field.
To ensure that employees have all the equipment and supplies they need to complete the task, companies tend to activate digital checklists into their mobile devices. They also include the steps required to complete it. To help coordinate efforts, mobile devices can be integrated with legacy utility systems.
Also, sensors’ priority is to assist human performance by using QR code recognition, OCR, and two-way communication with remote experts.
Digital checklists can increase task completion rates and possibly reduce human error.
Mobile devices can also record activity for training and regulatory purposes.
Track construction progress in real-time.
Digital technologies and sensors can be used to monitor and track progress in earned value, location and status of assets, percent radiography, PWHT, and other treatment or testing in real-time.
These measures can help to improve project management and ensure that contractors comply with contracts and have a reasonable payment. This will reduce fraud, financial, reputational, and delivery risks.
The transformation imperative to utilities in a digitally disruptive world
The Internet of Things (IoT), which connects customers, employees, and assets, is changing the way power and utilities are run. Both consumers’ brains and their living rooms have begun to see the connected home as a reality.
According to a Deloitte survey, 52 percent of Americans own a connected device. 66 percent believe that technology can transform lives.
In conclusion, there are several IoT use cases with the 4i Platform that has the potential to help customers move beyond remote control, so companies must be clear on where to go. There are many opportunities across the IoT world, and each one has its organizational implications.
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