Industrial Internet of Things (IIoT) could add $14.2 trillion to the global economy by 2030 and 35% of manufacturers already use smart sensors today. Let’s highlight the key market drivers fueling this industrial application growth.
It’s crucial in business‑critical industrial applications that your company gets heads‑up alerts of any potential error‑occurrence within your operations. Industrial operations require full traceability of data, allowing you to seamlessly solve issues and rectify potential errors with no downtime. Each asset – be that a human or a device – is to be tracked in real‑time, tagged with position, and time‑stamped data information.
Connectivity and remote control
You get more efficient operation by fully connecting each element of your complete industrial system; sensors, HMI devices, supervisory (SCADA) systems, resource planning systems (ERP, MRP, APS). Key drivers would be to be able to:
- transfer data back and forth all the way, also when your installation consists of humans and equipment that are mobile
- save on resources with the ability to monitor and control equipment from a remote, centralized location
With wirelessly connected commercial‑off‑the‑shelf (COTS) terminals, industrial operations can enable the operators to leave the control room and stay close to the operations. With connected tools, the operator can receive only the information pertaining to the application they are in charge of, thus minimizing information overload. These tools would increase the operator flexibility and efficiency and offer them mobility.
Resource sustainability in industrial applications is important, because by becoming resource conscious, companies can save time and money. When you remove cables and make sure only to use the devices and resources that are needed at a certain point in time, you utilize only the resources needed whilst being prepared to use other, less in‑demand resources for the future.
Optimization and flexibility
Industrial systems and operations become more efficient through preventative maintenance and organizational planning. With an increased information flow and analysis, you are better equipped to plan ahead rather than to react on events as they occur. And if the installed equipment is mobile instead of fixed, you can seamlessly move a device within your operations.