How is the Internet of Things changing the industry?
TechKiwari - There is no doubt that the Internet of Things plays a huge role in various industrial sectors; By analyzing data and providing necessary information upon request; This process is controlled by a large number of sensors, computers and mobile devices to create a modern and sophisticated perspective for control room administrators on the ways in which the industrial sector operates, resulting in increased safety, efficiency and high quality. Success and competitiveness are achieved and the more information is available on demand, the more effective it is in enabling employees to make informed and right decisions on the spot, which of course will affect productivity.
From agriculture to retail and healthcare, the Internet of Things (IoT) has changed the way businesses operate in many business industries. Before we start exploring how the Internet of Things is changing many industries today, let's first discuss what the Internet of Things is and how it works.
All IoT applications consist of three layers:
Device layer: includes sensors, gateways, and communication protocols (such as Wi-Fi, Bluetooth, Ethernet, etc.).
Business layer: includes business processes, business logic, event processing, and system integration.
Presentation layer: includes mobile apps, location apps, monitoring and remote control from interactive dashboards.
Let's explain what this means.
An IoT system consists of sensors and devices (device layer) that "talk" to the cloud through some type of communication. Once the information reaches the cloud, computer code processes it so that it commits to performing the relevant action (business layer), such as alerting the user, and automatically responding or adjusting sensors when the user is no longer needed (presentation layer).
How has that changed in the industry?
Let's look at some of the industries that are changing the Internet of Things as an example:
1. Health care
The adoption of IoT in the healthcare sector not only makes the industry more efficient but also provides better services to patients.
For example, by connecting an MRI machine or other medical device to the Internet, hospital staff will receive an alert as soon as the device is repaired. It may seem like a small business to you, but in a hospital, this small operation can make the difference in someone's life or death.
In addition, wearable and implantable technology not only allows patients to be discharged early, leaving time and bed for other patients, but also helps manage medication and post-treatment regimens through remote vital monitoring.
In addition, the information obtained by linking patients, hospitals, and systems together will result in more predictive analyses, as in the case of Texas hospitals, which reduced the postmortem heart failure rate from 23% to 12%.
One study found that only 15% of physicians indicated which healthcare app options were available and which wearable technology was available to their patients.
You can read more details about these statistics here.
The retail industry began to change with the Internet of Things. For example, retailers are starting to use Bluetooth signals in their stories to better reach their customers. For example, once consumers are connected to a retailer's app, they can get more information about the products they want and get personalized discounts. They can also greet their customers when they enter the branch or send them a private message. They also use beacons to help customers navigate their branches.
According to BI Intelligence, Business Insider's premium research service, IoT device installations in the agriculture industry are expected to grow from 30 million in 2015 to 75 million in 2020.
Smart farming is used to demonstrate the application of IoT solutions in agriculture. The same is true for the definition of smart agriculture. The global smart agriculture market is expected to triple by 2025, reaching $15.3 billion (compared to more than $5 billion in 2016), read more details here.
Let's see how the Internet of Things is applied to agriculture:
- Factory management like Smart Elements and Pycno.
- Greenhouse automation like Growlink.
- Monitor weather conditions such as Semios.
- Monitor and manage the Scrdairy and Cowlar herds.
- FarmLogs and Cropio end-to-end farm management systems.
When freight cars are connected to sensors, we will be able to monitor temperatures, and this helps companies ensure that goods, especially food, arrive in safe conditions.
Smart sensors and software can also be used in public vans or buses to collect data that helps drivers operate vehicles in a way that saves fuel. Intel offers Internet of Things solutions that are used to monitor and help drivers get there safely, and help predict when vehicles need repair at the same time.
In addition to all of the above:
- smart parking
- Transportation and logistics
- Fleet management
According to Business Insider, BI Intelligence estimates that global enterprises will invest $70 billion in Internet of Things solutions by 2020, up from $29 billion spent in 2015.
Manufacturers in all sectors connect their factories to be more productive and efficient. For example, manufacturers can use IoT solutions to improve plant asset tracking and assist control room integration. Or other applications like engine maintenance after analyzing the giant data that goes to sensors.
Predictive maintenance may be relevant to machines in a factory, as well as products sold to customers. Rolls-Royce has provided comprehensive maintenance services for 20 years. Total Care uses a "Power by the hour" model where customers pay for services based on machine hours worked. Rolls-Royce analyzes engine data to manage customer engine maintenance and improve aircraft availability.
Digitization of work systems in the industrial sector
The Internet of Things is all about connecting devices to each other and to the Internet. You can think of it as establishing relationships between people and things, people and things, and things.
IoT technology has proven that we will live in a smart world - smart home (home automation), smart city, smart business, smart manufacturing, and all designed to make our life more convenient.
Given the development and spread of the Internet of Things concept over the last period and its superior ability to connect all things via the Internet, all industrial sectors can digitize all management, production and control systems to provide services. Or products of the highest quality possible and with as little time and effort as possible, not only that, but these sectors can reduce waste, which is a major disposal crisis; Where Internet of Things technology solves many tasks in industrial sectors with different activities, such as: data collection, communication between two devices, and big data analysis.
In the end, the industrial sector can take full advantage of IoT technology in increasing operational efficiency and scalability in the production process, in addition to saving time, effort, and costs; Where industrial organizations and organizations can rely primarily on this technology to save costs through predictive maintenance and improve safety and operating efficiency, it also makes it easier for machines and devices to access open databases and communicate with all data, processes and people, enabling officials from the sector to study these data. For a complete and accurate view of how their department operates.