Is Industrial Internet of Things (IIoT) Already Doomed?
The idea of an industrial internet caused a lot of buzz when it came out in 2012. Back then, people were still daydreaming about?construction drones?and?self-driving cars. So while the idea of bringing digital connectivity to industrial construction and maintenance was intriguing, it still felt like a long way off. But if you fast forwarded ahead just six years, innovative companies were already launching their first commercial applications for IIoT.
However, the recent?arrival of splashier technologies?seems to have dimmed the excitement about IIoT. In fact,?some critics?have declared that IIoT is DOA (dead on arrival) and that businesses can forget about it altogether. This is disconcerting to hear for the many businesses that have successfully deployed IIoT to make meaningful safety and productivity improvements.
However, there’s good news for all the proponents of?industrial digitalization. IIoT is not dead, nor will it die anytime soon. It’s actually a very promising technology with more powerful applications being developed every day.??
In this article, we’ll do our best to answer all of the many burning IIoT questions, including?what?what IIoT is, the benefits of using it, as well as some innovative applications that industrial businesses are already using.
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What is IIoT??
Before jumping too far ahead into the ins and outs of Industrial Internet of Things, it’s important to first examine exactly what IIoT is. There’s a lot of different definitions of what IIoT encompasses, but here is our definition of IIoT for the purposes of this article:.?
The Industrial Internet of Things (IIoT) is a network of physical objects that contain sensors, actuators and software used in the industrial process.
Examples of IIoT include:?
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What are some benefits of using IIoT???
IIoT is not only alive—it’s thriving. With the arrival of artificial intelligence (AI), machine learning (ML) and other advanced technologies, the laundry list of applications for IIoT is only growing longer. These technologies enable companies to analyze the data gathered via IIoT in ways they never could before.
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Some of the benefits of using IIoT include:?
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How is IIoT currently being used??
While it’s impossible to list all the great ways that industrial projects are currently using IIoT, here are just a few examples of creative ways that it can boost quality and productivity.??
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Is IIoT doomed??
Many have pondered whether IIoT is a “doomed” technology, with one of the most common complaints about how challenging it is to implement at scale. Many critics cite its lack of a “plug and play” nature as a notable obstacle for adoption in a technology-starved industry. Another common criticism is that IIoT solutions tend to be novel technologies looking for problems to solve. These “hammer-looking-for-a-nail” applications are ultimately abandoned because end users resist adoption and ROI is difficult to calculate.??
However, we’re happy to report the industry seems all too eager to overcome these hurdles. As the industry continues to digitalize and technologies become more intuitive and user-friendly, IIoT pilots and deployments will become second nature. Further, while newer technologies may momentarily pull interest away, they will only serve to bolster IIoT’s applications and use cases.
As companies master the best ways to incorporate IIoT tailored to their work processes and priorities, the first mover advantage is already at play.
Will your company claim a distinct competitive advantage by being among the first to master IIoT?