In Depth
Industrial
Internet of
Things:
The Magic Wand
That Can Change
The Future Economy
T
he Industrial Internet of Things is transforming the
way the industry works. Just like IoT, the IIoT
covers a wide variety of cases, apps, and industries.
Initially, the primal focus of IIOT was on the optimization
of operational productivity and automation. Since then,
IIoT has helped early adopters by identifying the cut-throat
advantages and new business models which have led
towards cost-effectiveness, improved customer support
system, and better revenue numbers. It combines different
modern technologies such as big data, machine to machine
communication, machine learning and automation with the
existing technologies within the industry.
IIoT, also known as the Industrial Internet, is an
amalgamation of the information and operational
department of the industry. Thereby, boosting the rate of
productivity, curbing down the current complex processes
and radically improving the visibility of the industry. To
sum it up, Industrial Internet is a revamped manufacturing
strategy that has helped an industry to improve its security,
16
July 2017