Industrial IoT connects machines, vehicles, and devices in industries such as transportation, power generation, and oil and gas, and is set apart from other IoT applications by its daily effects on human safety. Industrial IoT requires low-energy, low-maintenance, high-performance devices that can operate in real time in challenging environments. Industrial IoT devices commonly run applications like smart factory warehousing, predictive and remote maintenance, smart metering and smart grid, security systems, equipment monitoring, and industrial HVAC. Also, unlike other IoT devices, industrial IoT machines are expected to last 10 to 15 years.
Industrial IoT collects and analyzes data to deliver insights that help industrial companies become nimbler, making better informed business decisions more quickly than ever before. Also, through the use of equipment and product data points, such as location data, industrial IoT is helping companies transform their manufacturing and industrial processes. This means better quality control, sustainable and green practices, and more efficient, streamlined supply chain management. It also benefits predictive maintenance, field service, energy and facilities management, and asset tracking.