Internet of Things & Industrial Internet
The Industrial Internet of Things (IIoT) refers to interconnected sensors, instruments, and other devices networked together with computers' industrial applications, including manufacturing and energy management. It brings together brilliant machines, advanced analytics, and people at work.
Introduction
Internet of Things:
The Internet of things (IoT) is the network of physical devices, vehicles, and other items embedded with electronics, software, sensors, actuators, and network connectivity which enable these objects to collect and exchange data. In 1999, 18 years ago, when just 4% of the world’s population was online, Kevin Ashton coined the term Internet of Things. Now the Internet of Things expected to comprise 30 billion connected devices by 2020.
Industrial Internet:
The Industrial Internet is a term coined by GE and refers to the integration of complex physical machinery with networked sensors and software. The industrial Internet draws together fields such as machine learning, big data, the Internet of things and machine-to-machine communication to ingest data from machines, analyze it (often in real-time), and use it to adjust operations.
Application of Technology
IoT has many commercial applications including monitoring of industrial equipment for availability and secured operations, predictive analysis to prevent unplanned downtime or equipment failures, economic optimization by efficiently operating industrial assets and fleets, intelligent process automation, such as in manufacturing or transportation and building sustainability solutions for reducing the environmental impact of operations
Industrial Internet uses Sensors, Actuators, and big data to drive value for industrial businesses. Sensors for the Industrial Internet can collect data from environmental factors like Pressure, Temperature, Moisture, Air flow, Acceleration, Position/Velocity & Proximity. Actuators are what manipulate the physical world in an Industrial Internet system. They are a type of motor, and they convert some form of energy into actual movement. The concept of Big Data has often been defined by the three Vs, volume, velocity & variety.
Industrial Internet = Sensors + Actuators + Control systems + cloud-based systems
Despite wide concern about cyberattacks, outages, and privacy violations, most experts believe the Internet of Things will continue to expand successfully the next few years, tying machines to machines and linking people to valuable resources, services and opportunities.
Business Case Example
- Nano Sensors: One of the most exciting areas of focus today is now on nanosensors capable of circulating in the human body or being embedded in construction materials. Once connected, this Internet of Nano things could have a huge impact on the future of medicine, architecture, agriculture, and drug manufacture.
- Other Uses: IoT can enable remote monitoring for millions of patients, analyze trends to create delightful shopping experiences, or save billions by providing predictive analysis for deployed machinery
Related Links
You May Also Like
-
Cloud storage delivers a cost-effective, scalable alternative to storing files on on-premise hard drives or storage networks. Cloud storage is a service that enables saving the data on an offside storage system. Cloud storage is the storage of data online in the cloud
-
Additive manufacturing, also known as 3D printing, is a transformative approach to industrial production, by adding layer-upon-layer of material, a computer-controlled process that creates three-dimensional objects shaped into the desired product by parts of it being removed in a variety of ways.
-
Robotics is one of the most advanced and emerging technologies that deals with physical robots. Robots are programmable machines that are usually able to carry out a series of functions that can help and assist humans in their day-to-day lives and keep everyone safe.
-
Machine learning (ML) is the process of teaching a computer system on how to make accurate predictions when fed data through the study of computer algorithms that improve automatically through experience. It is a method of data analysis that automates analytical model building
-
Robotic Process Automation is the technology that allows anyone today to create your own software robots to automate any business process. RPA emulate and integrate the actions of a human interacting within digital systems to execute a business process.
-
The science of building smart machines capable of performing tasks that makes it possible for machines to learn from experience, adjust to new inputs, and perform human-like tasks. Learn about implications for our future its applications
-
An autonomous vehicle (AV), also known as driverless car, robo-car, or robotic car, is a vehicle that is capable of sensing its environment and moving safely with little or no human input. It utilizes a fully automated driving system & how this technology is deployed will change how we get around forever.
-
Internet of Things & Industrial Internet
The Industrial Internet of Things (IIoT) refers to interconnected sensors, instruments, and other devices networked together with computers' industrial applications, including manufacturing and energy management. It brings together brilliant machines, advanced analytics, and people at work.
-
Block Chain & Distributed Ledgers
Blockchain is a distributed, decentralized, public ledger. A distributed ledger is merely a type of database spread across multiple sites, regions, or participants. It is a consensus of replicated, shared, and synchronized digital data. Learn more about how the blockchain system is going to change the way you transact business
