INDUSTRIAL INTERNET OF THINGS (IIOT) IN BANGALORE

Industrial internet of things (IIoT) What is Industrial Internet of Things? Internet of Things no more needs any introduction. When these IoT capabilities are implemented in the Industrial and Manufacturing space, it becomes Industrial IoT. This technology is an amalgamation of different technologies like machine learning, big data, sensor data, M2M communication, and automation that have existed in the industrial backdrop for many years. Evolution of IIoT: Industry 1.0 (1784): The invention of steam engines kick started the Industry 1.0. However, the manufacturing was purely labor oriented and tiresome. Industry 2.0 (1870): the first assembly line production was introduced. This invention was a big relief for the workers as their labor was minimized to the possible extent. Industry 3.0 (1969): Involved advancement of electronic technology and industrial robotics. Industry 4.0 (2010): The vision of connected enterprise through interconnecting industrial assets through the internet was fulfilled with the introduction of Industry 4.0. Advantages of Industrial IoT: Predictive & Proactive maintenance. Real-Time Monitoring. Asset/Resource Optimization. Remote Diagnosis. Drivers of IIoT: Technology: Smart Sensors, Robotics & Automation, Augmented/Virtual reality, Big Data Analytics, Cloud Integration, Software applications, Mobile,Low power Hardware devices and Scalability of IPv6-3.4X 10^38 IP address, etc. •Customer Behavior: The edge that IIoT gives to enterprises over their competitor helps them achieve better customer satisfaction and retention through value addition. •Macro-Economic Drivers: Government policies like Industry 4.0, Smart Factories, Make In India, Make In China 2025 & Smart Cities, Japan’s Industrial Value Chain Initiative Foum, •Support of Green initiatives, Rising Energy & crude oil prices, Favorable FDI policies, Policies by regulatory bodies, etc.