OrbisResearch.com recently published their “Industrial Internet of Things (IIoT) Market Outlook, Key Technologies, Applications, and Forecasts 2016-2021” report. It takes a look at the leading IIoT companies and how IIoT is set to revolutionise industrial operations.
For most enterprises today, connectivity is at the heart of business strategy. Technologies, such as the Internet of Things, have proven to be a key element in delivering new business models, revenue streams and greater efficiencies. It’s not just the enterprise space that is reaping the benefits of IoT though, manufacturers and industrial plants are constantly looking to increase productivity and streamline workflows in the industrial workspace – and are actually among the leaders in IoT adoption.
The Industrial Internet of Things
OrbisResearch.com reported this week that the Industrial Internet of Things is set to significantly improve reliability, production processes and customer satisfaction over the next five years. By enabling manufacturers to connect industrial equipment and advanced automation processes, the IIoT is helping to cut operating costs and improve productivity. Connecting equipment to the network enables systems to collate, integrate and share data efficiently.
So important is this, that Business Insider UK reported that the manufacturing industry is predicted to invest up to $70 Billion in the Industrial Internet of Things by 2020, up from $29 Billion in 2015, as these businesses now require device connectivity to control, diagnose, repair and communicate with equipment and central applications, as they strive to drive greater operational efficiencies.
Industrial Hybrid Networking
In order to address this need for high performance connectivity and advanced automation processes, manufacturers are turning to hybrid networking. Hybrid networking enables organisations of all sizes, across all industries, to leverage the benefits of all forms of connectivity. By combining wired, WiFi and cellular into a unified networking solution, it allows manufacturers to harmonise their IIoT and wider networking strategies, while addressing the individual needs of each application.
A cellular 4G LTE connection allows manufacturers to connect their IIoT applications such as factory equipment feedback, remote monitoring of processes and asset tracking. As a result, workers can have full visibility of factory equipment and data, and can access and monitor it in real-time. It also means that manufacturers can optimise their logistics, monitor inventory levels accurately, prevent quality issues and detect theft. In addition to locating assets, industrial connectivity can also enable asset health monitoring; reporting on equipment condition, operating parameters and environmental conditions to automatically trigger alerts and deliver proactive maintenance.
At the same time, employees and guests require connectivity for mobile and other handheld devices. Wireless LAN (or WiFi) hotspots for guest and corporate use is therefore fast becoming essential in all industrial environments. A WLAN solution allows organisations to increase productivity by connecting employees through mobile devices, replacing traditional hard copy paperwork systems. It also increases customer satisfaction and experience by providing guest WiFi hotspots, while still ensuring security as these are run separately to the primary, corporate WiFi network.
Connectivity has become the core of industrial business and automation transformation today. Whether it’s cellular, WiFi or wired networking, industrial connectivity is at the heart of embracing new working models, improving operational efficiencies and accessing new revenue streams. Hybrid networking offers a combined solution to connectivity challenges faced by manufacturers, fully allowing them to truly embrace the Industrial Internet of Things, while also addressing their wider networking needs.