The Industrial IoT solutions are the mode developed version of it. Such solutions are the realm of connected devices in commercial and consumer applications. In Industrial IoT use cases, smart devices may be deployed in construction vehicles, supply chain robotics, agricultural sensor systems, smart irrigation, and much more. And, that is just the start.
IIoT offers wireless capabilities to different industrial settings. Furthermore, organizations that want to implement the latest technologies have quickly adopted IIoT solutions. As per a report, the global market IIoT is estimated to surpass $100 billion by 2026.
Although industrial IoT is an emerging concept, it can still bring some advantages to businesses and organizations who integrate it properly. In this blog post, we will discuss the top IIoT use cases that show the importance of this technology in the real world.
Popular Use Cases of Industrial IoT
The integration of IoT has revolutionized the way of operations for industries. Furthermore, the manufacturing industry has experienced a drastic shift in the past few years. One of the most prevalent advancements in this decade was industry 4.0. The backbone of Industry 4.0 is built upon industrial IoT or IIoT.
The industrial IoT has already proven its versatility with deployments in various enterprises with different use cases. But a few key uses consistently present themselves throughout different industries. Let us look at them one by one –
Connected Machines
Connected machines are used to improve the functionalities of a factory or manufacturing unit. Such machines would provide valuable feedback to the users. Furthermore, it can assist suppliers to remotely access the machines so that they can gain real-time market insights.
Other than this, it becomes easier for manufacturers to measure how the customers use machines. Also, you can explore new ways to gain online feedback from customers to offer value-added services. Process monitoring, calibration and maintenance are some of the examples of value-added services.
Location Tracking
GPS tracking systems, wireless tools and RFID tags can assist organizations to detect the location of their asset at any point of time. Such transparency can promote better efficiency in manufacturing.
Apart from this, location tracking systems often face the issue of network coverage. To resolve this issue, the users need to upgrade to a more reliable band-width network like 5G technology to improve connectivity.
Read more :Digital Transformation Solutions for Manufacturers
Remote Quality Monitoring
Many organizations use IoT sensors to monitor the quality of products, resources and water. Such sensors can provide faster and accurate data about pollutants that leads to more effective responses. Moreover, industrial units can use IoT solutions for quality monitoring processes.
Other than that, pharmaceutical companies or chemical companies can use IoT-enabled sensors to monitor product quality even from a remote location. Moreover, remote quality monitoring improves work productivity by enabling workers to check different processes in rapid succession.
What’s more, real-time alerts can offer faster responses that can reduce hazardous accidents that may happen during the production process. However, organizations may have to create proprietary IoT tools to harness the potential of remote quality monitoring.
Smart Metering
A smart meter in an internet-enabled device that measures energy, gas or water consumption of an apartment or a house. Besides, smart meters can record the amount of resources consumed by the user. Therefore, power companies have used smart meters to monitor usage of consumers and adjust prices accordingly.
Adding to this, smart metering can benefit utilities to improve customer satisfaction and give more control to customers to save their money and reduce carbon emissions. Also, smart meters provide users with visibility in power consumption so that they can optimize energy distribution and easily shift demand loads.
Fleet Management
Effective fleet management can assist transport companies to minimize or eliminate risks related to vehicle investment, efficiency improvement, productivity management and reducing overall transport costs. For instance, asset tracking features of a fleet management system are being used by trash collectors to collect trash buildup in urban areas.
Moreover, shipping services operators can also use real-time traffic feeds and automated algorithms to deliver packages more efficiently with minimal wear and tear on vehicles. According to a source, the global fleet management market size is estimated to reach $30 billion by 2022. From this, we can expect the creation of a lot of profitable opportunities in this segment.
Concluding Lines
IoT shows an accelerated growth that is driven by connectivity, affordable computing power and data economy at particular endpoints. A successful IIoT strategy can help you improve the manufacturing process for a specific product line. If done right, the investment in IIoT strategy can make daily operations easier and effective for industries. Due to this, the return on investment for industries will rapidly increase.