We build interconnected sensors, instruments, and other devices networked together with computers’ industrial applications, including manufacturing and energy management. This connectivity allows for data collection, exchange, and analysis, potentially facilitating improvements in productivity and efficiency as well as other economic benefits.The IIoT is an evolution of a distributed control system (DCS) that allows for a higher degree of automation by using cloud computing to refine and optimize the process controls.
Also known as IIoT, industrial IoT devices acquire and analyze data from connected equipment, operational technology (OT), locations and people. Combined with operational technology (OT) monitoring devices, IIoT helps regulate and monitor industrial systems. Also, the same implementation can be carried out for automated record updates of asset placement in industrial storage units as the size of the assets can vary from a small screw till the whole motor spare part and misplacement of such assets can cause a percentile loss of manpower time and money.
Manufacturing
The IoT can connect various manufacturing devices equipped with sensing, identification, processing, communication, actuation, and networking capabilities. Network control and management of manufacturing equipment, asset and situation management, or manufacturing process control allow IoT to be used for industrial applications and smart manufacturing. IoT intelligent systems enable rapid manufacturing and optimization of new products, and rapid response to product demands.[43]
Digital control systems to automate process controls, operator tools and service information systems to optimize plant safety and security are within the purview of the IIoT. IoT can also be applied to asset management via predictive maintenance, statistical evaluation, and measurements to maximize reliability. Industrial management systems can be integrated with smart grids, enabling energy optimization. Measurements, automated controls, plant optimization, health and safety management, and other functions are provided by networked sensors