People have marveled at the possibilities born out of the Internet of Things for some time. But really, the scale of what it can accomplish in the industrial sector dwarfs the smart home capabilities of a Nest thermostat or the wearable innovation of a Fitbit.
The possibility of leveraging the data generated from billion-dollar machines communicating with one another creates tremendous potential for making our world more sustainable, efficient, and safe. The scale of the Industrial Internet of Things (IIoT) makes it uniquely complex – bigger problems with more expensive equipment require bigger solutions with more intricate, more connected technology.
In the industrial sector, IoT is often about bringing antiquated processes into the modern era so we can bring things like new foods, consumer products or services or alternative energy forms to market more quickly. Many of the manufacturing plants and oil refineries we work with today are running decades-old equipment.