Industrial Automation and IoT: What Are the Benefits? • Data collection • Performance monitoring • Actionable analytics • Remote management IoT is shorthand for Internet of Things, which is the latest generation of business and consumer equipment connected to the internet. These devices can communicate with each other, central computer systems, and people in your workplace. Sounds like IoT devices would be a perfect way to improve industrial automation. But is that always the case? IoT and Smart Management Systems can be cost-effective solutions for managing how your industrial equipment, your staff, and their IoT mobile devices work together. There are many advantages to this digital way of running industry. But there are some traps you can fall into during your transition if you're not planning carefully. How IoT Will Be Used in Industry-2021 and Beyond Berg Insight, a global IoT market research firm, calculated that there were more than 4.8 million wireless IoT devices shipped for industrial automation applications in 2015. That figure is expected to rise to 18.3 million by 2021. Why the sudden, massive uptick in interest? The main reason is that networked IoT devices establish feedback loops. They can monitor industrial performance and send data to central computer systems for analysis. Then they can carry out instructions that are returned. Industrial IoT solutions are self-monitoring, self-adjusting types of smart technology. The most common activities we can expect to see smart IoT systems perform in industry include: February 2021 - www.safesecuremagazine.com
While industry will become increasingly automated going forward, people won't disappear from industrial worksites. Their roles will change though, and business leaders will need to make sure their labor forces can still effectively work in these new, automated environments. To that end, three particular trends are on the horizon for industrial automation and IoT that you should be aware of:
Industry 4.0 This is the nickname for the new wave of smart factories expected to become the fourth major industrial revolution. Industry 4.0 companies integrate IoT technology, cloud computing services, and big data initiatives together into their manufacturing processes. IoT technology will connect skilled personnel with production and management equipment more tightly in these companies. That connectedness will allow companies to optimize how they manufacture goods and manage operations.
AI & Machine Learning Data collected from IoT smart systems can be run through advanced AI and machine learning software, which can identify trends and opportunities that might not be obvious to human operators. Machine learning software is capable of adjusting how it performs based on human and IoT feedback. This will be important for improving: 59
