SSZTCU2 april 2015
The Internet of Things or IoT is an enabling technology that is delivering new use cases and services across a wide variety of markets and applications. When people think of the IoT, they often think of home or personal applications, but in reality, IoT-connected products will play a role in smart manufacturing, smart cities, automotive, building automation and health care as well.
The Industrial IoT has strong potential because of the services that will be provided as more sensors and equipment are connected to the cloud. It is important that IoT not be confused with machine-to-machine (M2M) connectivity since they are not the same. M2M is traditionally based on proprietary technology that is a closed environment vs. IoT which offers an open environment and leverages standard Internet accessibility and services – just like the ones we humans use. This level of openness enables a gas sensor to tweet or text an operator when there is a problem or for an industrial end-equipment to leverage a generic public data base to see how it is performing compared to industry benchmarks, things which are not straightforward with proprietary M2M systems.
At a high-level, IoT is about improving efficiency (e.g. energy, manufacturing, maintenance, etc.), and delivering increased safety and security, better experiences, new business services, and more to a variety of industries including:
Many of the examples above play out in the consumer market as well. However, the industrial IoT is different than consumer applications. Industrial requires different interfaces and communication protocols that are robust against noise, environmental changes, controlled latency and are highly secure because of the conditions and applications they are used in.
Additionally, the industrial market moves much slower than the consumer market so its move to connected IoT will take some time. The benefits of predicative maintenance, monitoring and big data analysis to improve output or working conditions, combined with the availability of the right hardware and software solutions, will provide a financial reason to migrate to IoT-connected systems in the future – it’s just a question of how quickly it happens.