Internet of Things (IoT) as a driver for successful digital transformation
Digital transformation (DT or Dx) is a process of utilizing digital technologies like cloud computing, the Internet of Things, big data, and artificial intelligence to redo a procedure and transform services into something more productive. The Internet of Things is perceived to become the driving force behind business 4.0 that encourages companies to build new business opportunities and establish a revolutionary way to conduct their activities towards desired outcomes.
The buzz about the Industrial Internet of Things (IIoT)
The Industrial Internet of Things (IoT) is a set of interrelated mechanical and digital devices or entities that has unique identifiers (UIDs) and has the potential to exchange data across a network-enabled system through network sensors.Through these innovative intelligent devices put together on a manufacturing floor for collecting data to drive Artificial Intelligence and Predictive Analytics.
The skeleton of IoT : The five-layer architecture of the Internet of Things (IoT) mainly covers:
- Perception layer (Data Gathering):The layer consists of data sensors in various forms like RFID tags(Radio Frequency Identification Devices), IR sensors or other sensor networks capable of sensing surface temperature, humidity, velocity, location, or say health of a Machine or an Asset. The functionality of this layer is the capabilities of sensing, it gathers and collects the information about the environment where smart objects are accessible.
- Network layer (Data Transmission):The layer connects to other smart devices, network devices, and servers, to transmit and process sensor data. It helps to transfer the sensed information available or equipped in the layer with the perception of the processing layer and vice versa through networks such as wireless, 3G, LAN, Bluetooth, RFID, and NFC.
- Middleware layer (Information Process):The layer includes unique features such as database knowledge and data analysis to allow vendors to deliver various types of services. It stores, analyses and processes large amounts of data coming from the transport layer. It utilizes multiple innovations, including technologies such as databases, cloud computing, and big data processing modules further to organize and process the information to the right channel.
- Application layer (Smart Applications):The layer realizes the applications of IoT for all kinds of industry, based on the processed data. It is responsible for data formatting and presentation. The application layer on the Internet is based on the HTTP protocol. However, In resource-constrained environments, HTTP is not suitable because it is incredibly heavyweight and therefore incurs a significant overhead parsing, So, many alternate protocols have developed for IoT environments. Most popular among it – MQTT (Message Queuing Telemetry Transport).
- Business layer (System Management):he layer manages the entire IoT system, where all applications, in particular, business and profit models are managed in a user-friendly manner with data privacy and network security with designed user-accessible permissions.
Internet of Things (IoT) is a driving force of the Industry 4.0
The pervasive and intense impact seen in Manufacturing Industries, especially on the adoption of the Industrial Internet of Things (IIoT). The IIoT is driving unparalleled disruption in the industry due to lack of proper tools and technologies, however, in recent years the challenge is overcome by the ease of Engineering Design, Machine Learning, Big Data and Cloud capabilities. The IIoT can transform conventional manufacturing supply chain into a dynamic, interconnected system as an integrated digital supply network (DSN). Due to which through IIoT help the future products made and delivered, will be from more efficient factories that will ensure better safety standards with reduced costs.
The greatest benefits of IIoT is into two particular domains:
IoT has huge potential in the future, which will contribute to:
- Prediction Power for Machines
- Tracking and Monitoring of the Assets remotely
- Growth of Data Collection and Reading the Insights - Outdated methods of data collection have improved. Through IoT, companies gather complex data in huge numbers hence the data conversion to information creates a stronger base for a large variety of opportunities in the business. Adoption of IoT practices assures advantages in overall efficiency, cost, customer engagement and services.
- Accuracy & Efficiency - The data generated by IoT devices can help a company to access real-time information and streamline the workflow on the basis of current demands. The rich data flow allows the business stakeholders to make right decisions with improved accuracy, given the single source of truth of the data sources. All these results in boosting the efficiency of the firm and reducing the capital cost.
- Higher Productivity - Customer satisfaction is the ultimate essential criteria most companies look to achieve, having said that, a seamless production cycle is vital to accomplish that. With IoT, not only productivity increases but also, the production. cost reduces while creating a safe environment for the workers.