IIoT is about transforming industries or buildings by instrumenting physical operations with wireless sensors, data collection, analytics, and machine learning. Krasamo helps enterprises to implement IIoT to increase operational efficiency and reduce expenses in plants and buildings. Creating IIoT Systems with interoperability and  connectivity of devices adds a competitive advantage.

IoT Systems Support Operations

An IoT system creates a virtual model (digital twin) or a version that copies physical facilities or systems and uses its data to support operations, monitor, and perform operations, making predictions or autonomous decisions without human intervention. Smart manufacturing refers to the automated production at factories using electronics, IoT, information technology (IT), cloud computing, and data exchange to automate complex tasks for solving problems and improving operations. IIoT leverages technologies to create a network structure and platform connected to the internet and enables the management of operations remotely.

Sensors and actuators are connected to a platform for collecting information (data) from machines and sharing it to the cloud to be stored, analyzed, and processed by machine learning models that extract insights from the physical plant process and perform analytics. Data scientists and ML engineers iterate with data to create key insights that affect the operation and share them with operators to monitor the plant and make decisions about the process’s physical aspects that may need modification or correction.

IIoT creates connectivity of plant equipment (through TCP/IP) and the IoT platform that enables advanced equipment maintenance (predictive analytics) and improves asset utilization. IIoT also implements real-time streaming analytics, asset tracking, equipment monitoring, supply chain management, and others.

Top Factors Driving IIoT Adoption

Enterprises increasingly adopt IIoT to improve operational efficiency, mostly driven by cost reductions of sensors, microprocessors, storage, cloud computing, network, and bandwidth. Other factors driving the adoption of IIoT by industries are related to the improvements in hardware size and capabilities (sensors), the energy efficiency of devices with longer battery life, increased connectivity (IPV6), and available tooling, platforms, services, and software solutions.

These previously described advances enable IoT initiatives by decreasing the associated risks, lowering entry barriers and operating expenses, and increasing the profitability (ROI) of IIoT projects. Certain restraining factors that play against the adoption of IIoT are lack of interoperability standards (communication protocols), security and privacy concerns (data leaks), lack of talent, and connectivity issues of legacy machines (not designed to connect to the internet).

Top Benefits of Adopting IIoT

Note the following benefits, consider the features and insights you need, and discuss how these apply to your IoT use case.

• Improve Asset Utilization
• Lower Operational Costs
• Improve Worker Productivity and Safety
• Improve Sustainability
• Increase Value to Users
• Create New Revenue Streams (new business models)

Types of IIoT Software  

• Data Management (Big Data)
• Network Bandwidth Management
• Real-time Streaming Analytics (extracts data from sensors)
• Remote Monitoring Software
• IoT Security Solutions
  

Krasamo’s IoT Offerings

• Firmware Programming (embedded devices)
• Software Programming
• Embedded Development
• IoT System Integration
• Wireless Communication Protocols
• IoT Security (network, infrastructure, data)
• Sensing Systems
• Embedded Processing Platforms
• Digital Signal Processing
• Cloud Computing

Krasamo’s Areas of IoT Experience

• Consumer Electronics
• HVAC
• Cold Chain
• Medical Devices
• Healthcare
• Semiconductors
• Document Management
• Asset Management
• Inventory Management
• Home Automation
• Commercial Building Automation

In conclusion, the Industrial Internet of Things (IIoT) presents a promising opportunity for enterprises to significantly enhance operational efficiency, reduce costs, and foster innovation. By implementing IIoT systems, industries can leverage the power of data analytics, machine learning, and advanced connectivity to optimize asset utilization, improve worker productivity and safety, and create new revenue streams. However, the successful adoption of IIoT requires overcoming challenges such as interoperability standards, security concerns, and talent shortages.

Krasamo, an IoT development company, offers specialized expertise and a comprehensive range of IoT services to help enterprises navigate these challenges and effectively integrate IIoT technologies into their operations. By collaborating with Krasamo, businesses can fully harness the potential of IIoT and unlock new opportunities for growth and competitiveness in the rapidly evolving industrial landscape.