About the Industrial Internet of Things
The Industrial Internet of Things (IIoT) helps your machines, processes or manufactured products to become ‘smart’ by using a blend of embedded electronics, software, sensors, wired or wireless connectivity. All of this enables the collection and interpretation of data to deliver new insights along with the ability to remotely control or automate parts of your operation.
The right Industrial IoT solution can help your organisation achieve better asset utilisation, increase productivity, accelerate time to market and make huge cost savings. With its many wide-ranging benefits, it is no surprise that more and more manufacturers are leveraging IIoT technologies.
It’s important to note that IIoT implementation does not come at the expense of a brand new manufacturing facility or through installing new production lines or individual pieces of equipment. According to McKinsey, most of IIoT’s value comes from retrofitting existing sites and machines.
What’s more is that not all your machines have to become smart right away. Whilst properly planned IIoT projects start with a holistic overview of the manufacturer’s needs and challenges, the actual implementation may begin with the delivery of an IIoT proof-of-concept from connectivity with a single machine.
In this short article, we will explore how the Industrial Internet of Things can help your manufacturing business in critical areas.
Let’s get right into it.