Internet of Things (IoT) rarely needs explanation as it has moved beyond buzzword, becoming a growing number of deployed applications across various industries. When IoT is embraced by the industrial industries to build remote monitoring and many other smart solutions, it is widely known as the Industrial Internet of Things (IIoT) or Industry 4.0. Simply put, it’s the transformation of industrial products, operations, value chains, and aftermarket services that is enabled through the wide use of sensors, embedded actuators, software, wireless connectivity, and information systems. In manufacturing, the use of IIoT has been referred to as the smart or connected factory.
IIoT not only automates your operations but also brings transparency to every stage of the supply chain, unlocking new opportunities for competitiveness and economic growth. IIoT adoption enables companies to exploit intelligent technologies, foster innovation, increase production, and transform the workforce.
The foundation of IIoT is machine-to-machine (M2M) communications, which have been beneﬁting industrialists for quite some time. Machines have become network enabled and can collect and disperse data directly, and communicate in real-time. M2M communications have further undergone standard advancements, oﬀering better interoperability and speed.