India to gear up for Industrial Internet Of Things (IIoT) revolution
Industrial Internet of Things (IIoT) revolution is all set to change the face of manufacturing with accesibility to enormous amount of data with greater speed. Under Make in India concept, Industrial 4.0, Smart Factories are the future equipped to support IIoT evolution. McKinsey Global Institute estimates that IIoT will have a potential global economic impact […]
Industrial Internet of Things (IIoT) revolution is all set to change the face of manufacturing with accesibility to enormous amount of data with greater speed. Under Make in India concept, Industrial 4.0, Smart Factories are the future equipped to support IIoT evolution.
McKinsey Global Institute estimates that IIoT will have a potential global economic impact of upto $6.2 trillion by 2025. The
Industrial Internet, IIoT joins machine learning and huge information innovation, bridling the sensor information, machine-to-machine (M2M) correspondence and computerisation advancements that have been present in modern setting for a considerable length of time.
At the end of the day use of IIoT in modern conditions like paper production plants, power, oil and gas plants and production lines will enable organisations to process significantly big data speedily, which can be utilised to diminish waste and inefficiencies.
Gathering process information on weights, temperatures,flow rates, RPM, vibration and other specialised information will permit IIoT programming to make plants more effective, more secure, and more dependable. There’s a tremendous amount of upside with IIoT in manufacturing and taking the knowledge in the data centres and putting it into practise in the factories. This empowers all parts of the business, from materials administration to tasks, upkeep to generation and completing, to winding up driving down the manufacturing expenses.
IIoT is driven by the fact that machines are more efficient than the humans at capturing and communicating data with accuracy and consistency. The data thus aids organisations in pinpointing and resolving issues in less time saving cost and supporting business intelligence initiatives of the company. IIoT holds huge relevance and potential essentially in manufacturing where the thrust is on sustainability, green practices, supply chain efficiency and quality control.
In this rapidly changing world, one place where momentous change is being felt is the industrial automation field. Thanks to the advent of big data, cloud computing, the Industrial Internet of Things (IIoT), Industry 4.0, and artificial intelligence, a digital transformation is underway that is changing every facet of how businesses operate.
At Yokogawa they offer IIoT solutions that
address such challenges by “synaptically” connecting a plant’s operational technology (OT) and information technology (IT) infrastructure.
The company particularly well known as a provider of high-availability systems for mission critical applications. With an enterprise automation framework that enables the convergence of OT with IT, Yokogawa is able to offer predictive analysis and other tools and techniques that will generate great returns by optimizing plant operations.
The company is well prepared to support their client’s IIoT demands and solutions with facilities like
1) IIoT Solutions for Efficiency-Solutions that help customers reduce their energy consumption, control production processes more efficiently, enhance product quality, and improve the efficiency of their supply chains.
2) IIoT Solutions for Safety & security – This encompasses cybersecurity and other solutions that can help plants operate safely and securely.
3) IIoT Solutions for Availability & Reliability – These are solutions that make use of sensors, big date and other emerging technologies that improves availability and reliability.
Though the concept of IIoT is known to Indian companies its adoption will take some time. Industry verticals like energy, FMCG, logistics along with few others were quick to embrace the same. Presently, IIoT is being reckoned as one of the leading technology trends in India and as the country progresses towards a digital revolution the implementation of internet technology in the industrial sector is set to boom in the coming years.
Article by Sajiv Nath, MD, Yokogawa Ltd