IIoT is an acronym for the “Industrial Internet of Things,” referring to connected devices and advanced analytics in manufacturing, transportation, energy, and other industries.
General Electric coined the term “Industrial Internet” in 2012 to describe a third wave of innovation (the first being the Industrial Revolution of the 19th century and the second being the introduction of mainframe computers in the 1950s through the 1990s.) Today, industrial internet represents the fourth industrial revolution, or Industry 4.0, which brings together smart devices, advanced data systems, and physical and human networks to allow businesses to increase operational efficiencies and improve business decisions and outcomes.
IIoT is part of a larger system of interconnected devices called IoT, or the “Internet of Things.” In IoT, a “thing” could be any physical object from a coffee pot to a car, as long as it can connect to the internet and communicate with a network of other devices without human intervention.
The benefits of IIoT are numerous, and it has multiple applications across a wide range of industries. Connected companies see a reduction in downtime and maintenance costs, an increase in production, stronger workplace safety, and generally get a better idea of what’s going on in their operations. We’ll explore all of these ideas, including how IIoT is being used in digital transformation, in the pages that follow.