Software for Enterprise

How does IoT help improve a company?

Today, the Internet of Things (IoT) has emerged as a revolutionary tool that offers innovative answers to a wide variety of business problems. From optimizing processes to improving data-driven decision making, IoT is quickly becoming an indispensable resource for businesses looking to not only survive, but thrive in a competitive and ever-evolving market.

What does industrial IoT mean?

The “ Industrial Internet of Things ” also called enterprise IoT or IIoT, for its acronym in English, Industrial Internet of Things, refers to the application of Internet of Things technologies in business and industrial environments. Unlike consumer IoT, which focuses on smart devices for personal use, enterprise IoT focuses on automation and process improvement in industrial, manufacturing, and business environments. It is an application of incremental software development solutions.

IoT Key Features

As we said earlier, the enterprise Internet of Things focuses on the application of connectivity, that is mainly, for the collection of data in industrial and business environments to improve efficiency, productivity, and decision making. Some of its key features are:

Industrial automation: 

IIoT is used to automate industrial processes, such as monitoring and controlling machinery and equipment in factories and manufacturing plants. This can improve operational efficiency and reduce production costs

Data monitoring and analysis: 

Enterprise IoT devices collect real-time data from sensors and connected devices. This data is used to perform in-depth analysis and make informed decisions to optimize processes and prevent failures.

Centralization of information: 

The IIoT allows companies to contain global information to predict when maintenance is needed on their equipment and machinery, reducing unplanned downtime and increasing the useful life of assets.

Internet of things: examples of application in the company

Below are some examples, illustrating how IIoT has been integrated into a variety of industries and processes to improve efficiency, safety, and quality while reducing operating costs and increasing competitiveness.

Supply chain management: 

Companies can use IoT sensors to track the location and status of products and assets in real-time throughout the supply chain, facilitating inventory management and logistics.

Security and control: 

Cybersecurity is a major concern in enterprise IoT, as device connectivity increases the attack surface. Companies must implement strong security measures to protect their systems and data.

Energy efficiency: 

The IIoT is used to monitor and optimize energy consumption in industrial facilities, which can lead to significant cost savings and reduce environmental impact.

Quality and quality control: 

IoT sensors can be used to monitor and ensure the quality of products in real-time during the manufacturing process.

Integration with existing systems: 

Enterprise IoT often involves the integration of existing custom enterprise software development and systems, such as enterprise management systems ( ERP ) and industrial control systems ( SCADA ).

What benefits does IoT offer for companies?

The Internet of Things (IoT) gives companies access to advanced analytics that unlock new opportunities. Among its main benefits are:

Customize responses: 

IoT technologies can be implemented with a customer-centric approach to raise satisfaction levels. For example, in the case of fashion products, it is feasible to replenish inventory quickly to avoid stockouts.

Information convention 

IIoT can also transform Data into Ideas and Actions with AI and Machine Learning (ML). Collected data and historical trends can be managed to anticipate future outcomes. For example, warranty data can be combined with IoT information to predict maintenance issues. This makes it possible to offer proactive customer service and promote customer loyalty.

Improve Security:  

On the other hand, constant monitoring of the infrastructure, both digital and physical, allows for optimizing performance, increasing efficiency, and reducing security risks. For example, data collected from a workplace monitoring device can be combined with hardware and firmware version data to automatically schedule system updates.

Examples of IIot

There are numerous Industrial Internet of Things (IIoT) tools and platforms developed by custom software product development companies available in the market to help companies implement IIoT solutions effectively. Below are some examples of popular IIoT tools and platforms:

Azure IoT Suite (Microsoft):

Azure IoT Suite  is a cloud platform from Microsoft that provides a wide range of services and tools for developing IIoT solutions. It includes device management services, real-time data analysis, and machine learning capabilities.

IBM Watson IoT:

Watson IoT is IBM’s Internet of Things offering. Provides tools to connect devices, collect and analyze data , and use artificial intelligence to gain valuable insights.

AWS IoT Core (Amazon Web Services):

AWS IoT Core is an Amazon platform that enables the secure connection of IoT devices to the cloud. It offers features such as device management, data collection and analysis, and creating rules to automate actions.

Google Cloud IoT Core:

Google Cloud IoT Core enables the connection and management of IoT devices through Google Cloud infrastructure. It offers secure device management and the ability to integrate IoT data with other Google Cloud services.

Author Bio:

Glad you are reading this. I’m Yokesh Shankar, the COO at Sparkout Tech, one of the primary founders of a highly creative space. I’m more associated with digital transformation solutions for global issues. Nurturing in Fintech, Supply chain, AR VR solutions, Real estate, and other sectors vitalizing new-age technology, I see this space as a forum to share and seek information. Writing and reading give me more clarity about what I need.

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