Industrial Internet of Things

Industrial Internet of Things

Industrial Internet of Things Jonathan Poland

The industrial internet of things, or IIOT, is the integration of machinery and infrastructure with IT services. It is associated with automation, machine to machine communication, decision support and remote infrastructure management. None of this is new to the industrial sector where techniques such as orchestrated automation, remote monitoring and control have been used since the 1970s. However, IIOT is associated with evolving and brand new approaches in areas such as artificial intelligence, predictive analytics and robotics to support challenges in the industrial sector such as mass customization.

Industrial IoT is projected to help organizations gather a wealth of actionable data from their operations, which IF properly aggregated and analyzed, the data helps them better control operations, with the potential to:

  • Improve worker safety
  • Increase production uptime
  • Predictive maintenance
  • Maintain, improve product quality
  • Help ensure regulatory compliance
  • Improve operational efficiencies
  • Accelerate response times

IIOT offers the ability to connect machines and devices in industries such as manufacturing, transportation, oil and gas, power generation and transmission, mines, and ports. However, failure of IIoT can have catastrophic consequences, creating high risk and potentially life-threatening situations. Downtime of other IoT devices may result in inconveniences, but it does not usually cause emergency situations.

Demand Generation Jonathan Poland

Demand Generation

Demand generation is any marketing or sales activity designed to create recognition, awareness and interest in a firm’s brand and…

Over-positioning Jonathan Poland

Over-positioning

Over-positioning refers to the practice of positioning a brand in a way that is too narrow or limited, potentially limiting…

What is a Product Line? Jonathan Poland

What is a Product Line?

A product line refers to a group of related products that are marketed together as a single unit. Product lines…

Toxic Positivity Jonathan Poland

Toxic Positivity

Top-down and bottom-up are opposing approaches to thinking, analysis, design, decision-making, strategy, management, and communication. The top-down approach begins with…

Security Controls Jonathan Poland

Security Controls

IT security controls are measures that are implemented in order to reduce security risks. These controls may be identified through…

Business Objectives Jonathan Poland

Business Objectives

Business objectives are specific targets or goals that an organization, team, or individual strives to achieve within a certain time…

What is Service Life Jonathan Poland

What is Service Life

The service life of a product refers to the length of time it can be used before it needs to…

Negotiation Jonathan Poland

Negotiation

Negotiation is a dialogue between two or more parties with the goal of reaching an agreement. It is a fundamental…

What is Marketability? Jonathan Poland

What is Marketability?

The marketability of a brand, product, or service refers to its competitiveness within a market. It is the likelihood that…

Learn More

Program Efficiency Jonathan Poland

Program Efficiency

Program efficiency refers to the effectiveness with which a computer program uses resources such as time and memory. In general,…

Attention Economics Jonathan Poland

Attention Economics

Attention economics is a field of study that focuses on the value of human attention as a limited and highly…

Bottleneck Jonathan Poland

Bottleneck

A bottleneck refers to a point of constriction or reduction in capacity that can limit productivity, efficiency, or speed. It…

Labor Specialization Jonathan Poland

Labor Specialization

Specialization of labor involves dividing work into specific roles or tasks, with the goal of improving productivity, efficiency, quality, and…

Beautiful Words Jonathan Poland

Beautiful Words

Beautiful words are words that have a mysterious, wondrous, or charming quality. They can also have a dark or conflicted…

Capital Financing 150 150 Jonathan Poland

Capital Financing

Capital financing is a critical aspect for businesses, particularly when it comes to development and expansion. It involves raising funds…

Needs Analysis Jonathan Poland

Needs Analysis

Needs analysis is the process of identifying the valuable requirements for a product, service, experience, process, machine, facility, or infrastructure…

Customer Requirement Jonathan Poland

Customer Requirement

A customer requirement refers to a specification or need that is expressed by a customer, rather than being generated internally…

Inherent Risk Jonathan Poland

Inherent Risk

Inherent risk is a term used in the field of auditing to describe the risk that a company’s financial statements…