While home automation first put the Internet of Things concept into the technology mainstream, industrial IoT is where this nascent high-tech sector’s growth truly lies. Companies of all sizes, spanning many different industries, hope to gain a competitive advantage using a variety of IoT applications.
A typical industrial IoT scenario involves data from sensors embedded inside equipment that communicates with a small gateway computer connected to the Internet. A remote data analyst or engineer uses this information in a myriad of ways. The ultimate goal of the application could be optimizing performance by detecting either hardware breakdowns or simply inefficient operation.
Frankly, this is only one of many different possibilities. Let’s dive into some reasons why the time for industrial IoT is today.