What is IIoT?
To put it simply; the Internet of Things or ‘IoT’ extends the capabilities of the internet to objects and devices, making them able to send, receive and gather data. In an industrial context (IIoT: Industrial IoT) the concept is the same; devices associated with manufacturing such as sensors, machines, and generators are networked together with internet applications for the purposes of control, management, and monitoring.
Why is IIoT important?
IIoT devices are able to collect data from their environment, react to this information, and make it accessible at greater speeds than ever before. Imagine a machine has a stoppage in one area of a large factory; with smart monitoring a message can be automatically sent to a machine in another area to pick up the job and prevent a backlog while the initial stoppage is dealt with. IIoT devices allow more efficient monitoring and control which in turn generates cost savings.
Connecting the Facts
The IIoT is all about connections. Devices embedded with connectivity are able to communicate over the internet, allowing remote monitoring and control. Connecting objects to people, machines to other machines, businesses to the world: without connectivity there would be no IIoT.
127 new devices are connected to the internet every second1
In today’s Internet of Things; connected devices are no longer limited to things like phones and computers. Anything can be connected: toys, clothes, alarms, thermostats, production lines, the list is endless. If you can imagine it, it can be embedded with the technology to interact over the web.
The IoT devices market is expected to reach £853 billion (1.1 trillion USD) by 20262
A Fortune Business Insights report anticipates the IoT market reaching over 1 trillion USD by 2026. Valued at $190 billion in 2018, this puts the annual growth rate at 24.7%. The global IoT market grew to $250.72 billion in 2019 and is expected to grow to around $1.463.19 trillion by 2027.3
There will be more than 64 billion IoT devices by 20254
It can be difficult to visualise a number as huge as 64 billion. To use the analogy of time: 1 MILLION seconds = 11 ½ DAYS, whereas 1 BILLION seconds = over 31 YEARS. That’s a lot of devices connected to the internet.
80% of organisations report positive results after IoT adoption5
A Gartner study indicated that 80% of the organisations surveyed are seeing “better than expected” results after adopting IoT.
More than 80% of senior executives see IoT as critical to their business6
IIoT brings a world of opportunities to industry. Networking machines, sensors and control systems together with industrial connectivity devices enables the optimisation of production lines, rapid response to demand, and efficient monitoring.
Decreased time to market
Your IIoT Journey
Integrating this new wave of connected technology can seem like a headache, and an expensive one at that. Whilst futuristic tech headlines are often drawn by huge conglomerates, it’s fortunately the reality that the smart sensors and powerful analytic tools available to the largest multinationals can be just as easily (and economically) dropped into the workflow of any small or medium sized enterprise. The tools and resources are often already there – they just need mobilising and utilising in new ways.
In contrast to installing all new machines; retrofitting existing setups and prototypes with smart solutions, particularly out-of-the-box devices, is the most effective way to disrupt the cost of implementing IIoT.
Raspberry Pi is a hugely popular platform in Internet of Things projects, and it’s easy to see why: it offers a complete server, in a tiny form, and all for a very low cost. The good news is that the traditional limitations of Pi in industry don’t have to be prohibitive to its use in IIoT applications. The BB-400 Industrial Edge Controller equips the compute module with hardware fit for purpose, an industrial Raspberry Pi eliminating the need to gamble with a system that doesn’t meet specs.
Find out more about BB-400 here
The ability to send real-time data across expansive spaces makes optimisation of any environment possible. In their vast warehouse in Nuneaton UK, RS Components have a system of 20 cranes at work over half a mile away from the monitoring panel. By installing our remote I/O modules to the panel, they were able to harness IIoT and send usable data concerning the cranes’ processes, productivity, and faults, to screens on the warehouse floor, supervisor’s offices, and onto a mobile app. Not only does this make vital information accessible to every team member, but analysis of the data allows RS to identify trends in productivity and adjust their processes accordingly.
With the right adaptations, even the most extreme environments can utilise IIoT. Oxford University’s Global Jet Watch team has a network of 5 observatories around the globe. Ensuring one of their telescopes is in darkness at any given time is vital in collecting the right dark matter data for their research, hence the stations’ strategic distribution in longitude.
To collect data on the high-speed plasma jets that are squirted out of black holes, the Global Jet Watch team rely on IIoT-ready modules. Our devices can withstand the harsh temperatures to reliably facilitate integration between the control panel in Oxford, UK and the observatories thousands of miles away.
As the Industrial Internet of Things is embraced by more sectors, it’s gradually becoming easier to visualise the 4th Industrial Revolution and what exactly it will look like. A far departure from WiFi enabled floss dispensers and novelty connected underwear, inexpensive IIoT solutions can provide immediate and measurable benefits to any size business right now.
3 Fortune Business Insights via Comparitech