Immersing ourselves in a new world, the IIoT: 3 main benefits for the industry.

If you took the time to read this post, you'll know that the connectivity we've experienced in the last decade has been astonishing for humanity. On the one hand, it has greatly aided technological development; and on the other, it has changed fundamental aspects of society, from individual lives to the way industry operates.

What is IIoT?

The Internet of Things (IoT) is a new environment or model based on connecting many different types of everyday devices to the internet. But have you ever wondered what the impact of this environment is on industry? How has it influenced it, and what applications are being used for it? If so, you've come to the right place.

To begin, as I mentioned earlier, the IoT has greatly influenced how some industries are currently operating; this interaction of the IoT in industry is known as IIoT (Industrial Internet of Things). Note that this does not mean it is a completely different model from the IoT; the IIoT is a subcategory of the IoT, and the distinguishing characteristic of both models is the infrastructure, machines, and connected devices.

With this, you've probably wondered, how does IoT really influence industry? Well, according to some Cisco reports he 33% The market in the industry is in some stage of IoT adaptation, and another 15% It has a planned investment for the future.

On the other hand, it is estimated that by 2030 the IIoT could generate $14.2 trillion for the global economy, according to Accenture. Furthermore, it explains that companies that introduce or acquire more flexible forms of automation increase their productivity by 301%; and likewise, it helps to achieve savings of more than 10% in predictive maintenance.

However, there are still 52% of companies that are hesitant to invest in the IIoT; perhaps because they are still unaware of the benefits this model offers or because such an investment is not yet in their plans. For those 52%, there are three reasons (benefits) why they should consider investing. .

Benefits of IIoT.

1. Productivity improvement.- According to Cisco, the automation generated by the IIoT challenges and transforms conventional timelines across the entire production chain. One example is SubZero,which reduced in 20% the time to bring new products to market.
2. Improved profitability.- Connecting the machines and having full control over their operation will help reduce time, costs, risks, and failures that were previously unavoidable, resulting in growth. FANUC,For example, he saved $40 million by reducing downtime.
3. More robust security.Undoubtedly, both physical and digital security are top priorities for the entire industry. Having a connected factory helps strengthen security by providing greater visibility of the entire environment. Mercedes Benz, By having an advanced video surveillance solution, it increased in 20% The speed of image analysis reduced accidents.

The Future of the IIoT

With all this you might wonder, what is the future of IIoTAnd what does this new environment hold for the industry? Well, as we've seen, this new trend for industries is driving a new era, optimizing them to a level never before seen.

Today the warehouse automation  It is the most promising in this model; the consulting firm Gartner estimates that 851% of companies will use IIoT in their facilities by 2022, the introduction of smart tags (using NFC technology) to increase picking efficiency, or predictive improvement in warehouse management software, among other advances.

This will almost force industries to implement this new model to improve their performance and costs.

If you want to learn more about this topic, it's very important to first understand the industrial environment of companies and what equipment they typically use for process automation; I invite you to enroll in the courses. FREE provided by our website so you can learn all about this environment.

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On the other hand, if you liked the information, I invite you to share this post with your friends so they can learn about the future of the industry.

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