Industrial Internet of Things: IIoT Benefits & Challenges

The Industrial Internet of Things (IIoT) is the single biggest technical innovation in recent times. It has slowly gained inroads into our lifestyle, making devices smarter, and communications faster. IIoT enables easy collection and communication of data, which helps companies to make informed decisions.

Benefits of the Industrial Internet of Things

IIoT offers a huge spectrum of business functionalities by enabling the integration of multiple datasets. Mobile phones harness the benefits of IIoT in the best possible manner. Accessing IIoT solutions via mobile applications makes them more accessible, making it easy to transmit data. For example, some medical devices with in-built sensors can help obtain health information from the patient, and transfer it to a mobile app for further analysis.

IIoT-based farming employs sensors to remotely monitor weather and environment conditions, farm statistics, and livestock. IIoT offers a wide range of offerings for the retail industry, including Wi-Fi tracking systems, predictive maintenance, tracking transport systems, warehousing, and smart stores. Manufacturers can monitor truck mileage and engine health, while effectively optimizing truck routes. For large-scale manufacturers in the airlines and car business, IIoT enables ground technicians to get alerts for maintenance schedules and daily production. Despite its multiple benefits, implementation is still a challenge in many ways.

Challenges of the Industrial Internet of Things

While it is very clear that IIoT technology adoption can sprint the company’s growth many times over, its implementation requires a fairly large financial investment for setting up dedicated IT teams and infrastructure. For IIoT to be a success, the following needs to be executed.

• Shop floor operators have to monitor assets in real time and ensure that the machines perform optimally. This requires setting up the necessary IT infrastructure to get better visibility of machine performances.
• Management needs to ensure that all disparate systems are bound through IT, in order to ensure data security and faster access to real-time intelligence.
• Knowledge transition from the aging workforce to new teams needs to be conducted so that new digital technologies contain all the necessary know-how for operations.
• Setting up storage and communication technologies to leverage real-time data. This is also important to ensure data does not get siloed, which may lead to technical challenges.
• Ensure a robust security system is in place to protect organizational and financial data from cyber-attacks. It also includes coming up with a suitable mitigation plan to overcome risks.

IIoT challenges for manufacturers are all about cost and implementation. By overcoming the above-mentioned steps with suitable technology solutions, companies can enjoy the benefits of improved productivity and growth.

Do you want to harness the power of IIoT for your organization? With 21+ years of experience, InApp leverages disruptive technology solutions that can help you make intelligent data-driven decisions. To learn how to accelerate growth, while minimizing costs, contact us.