Internet of Things (IoT) Tutorial

IIoT Benefits: What Are Benefits of Industrial IoT?

Top Benefits of IIoT (Industrial IoT)

One of the primary benefits of the industrial Internet is predictive maintenance. This involves organizations using the real-time data generated by IIoT systems to predict machine faults, for example, before they occur, enabling businesses to take action to resolve these issues. For instance, before a part breaks down or a machine breaks down.

Another common benefit is the improved service in the field. For example, IIoT technologies help field service technicians identify potential problems in customer equipment before they become significant problems, enabling technicians to resolve issues before they cause inconvenience. Customers.

Another benefit of the IIoT is asset tracking. It can be handy for suppliers and manufacturers to manage the assets and keep track of the location and condition of the products in the supply chain. 

In case the products are at risk of damage, the IoT devices will quickly notify the stakeholders about it. It helps in taking immediate preventive actions.

IIoT also helps improve customer satisfaction. For example, when products are connected to the Internet of Things, the manufacturer can capture and analyze how customers use their products, allowing manufacturers and product designers to adapt future IoT devices and establish more customer-focused product roadmaps.

The industrial IoT also helps in enhancing facility management. Since manufacturing equipment is susceptible to wear and deterioration and specific conditions in a factory, sensors can monitor vibration, temperature, and other factors that could lead to less than optimal operating conditions.

IIoT offers game-changing operational efficiency and brand-new business models for any industrial and physical freight sector business. Here are examples of the application of IIoT technology to various industries.

  • Industrial production: The industry in which most IIoT technology is currently implemented. Compatible machines can self-monitor and predict potential problems, which means less downtime and greater overall efficiency.

  • Supply chain: With sensor-managed inventory, IIoT technology can place orders for supplies just before they run out. This reduces the amount of wasted product by keeping necessary goods in stock and reducing employees' workload, thus concentrating on other tasks.

  • Construction management: IIoT technology can simplify and make construction management more secure. With sensor-based temperature control, the guesswork and frustration involved in manually changing a building's temperature will be removed. 

In addition, devices that monitor building access points and react quickly to potential threats help strengthen building security.

  • Healthcare: Using devices that keep track of patients remotely and alert the medical team when a patient's condition changes, the healthcare industry is more accurate and responsive. 

Eventually, artificial intelligence could even take over the diagnosis of patients, allowing doctors to treat them earlier and more efficiently.

  • eCommerce: IIoT technology can make fast and intelligent marketing decisions for every store. With store facades that automatically change based on customer preferences and the ability of suppliers to deliver innovative promotions, stores that implement IIoT technology can gain a decisive advantage over their competitors.

Quiz!

Can Industrial IoT help manufacturers in any sense?

Select the correct answer

Did you find this article helpful?