"Nearly 88% of C-level management said they view IoT (Internet of Things) and IIoT (Industrial Internet of Things) as being critical for the future success of their company. Yet only 26% have a plan", says OCSL's Strategic Business Architect, Alistair McEwan. The IIoT market is set to grow significantly over the next ten years. The UK government has directed nearly £120 million of their budget to IIoT research this year.*
What is the difference between IoT and IIoT?
The Industrial Internet of Things (IIoT for short) is often confused with The Internet of Things (IoT). The key difference is that IIoT also includes product development, product lifecycle management, partner ecosystems and project management.
3 key factors for IIoT Success
#1 Reduce risk
The good news is that many tech giants such as Microsoft have taken on most of the risk for you. By harnessing their technology, it is now relatively quick, easy and inexpensive to ramp up IIoT projects.
And by integrating with the Microsoft Azure IoT suite you can securely connect, monitor and manage billions of devices to develop your Internet of Things programme and keep your data safe.
In the UK, London City Airport was one of IoT’s early adopters. Since its original inception, it’s network of sensors, GPS and WiFi have driven efficiency throughout the airport. For example, by monitoring footfall they have been able to identify and resolve passenger bottleneck areas, and by analysing data have been able to optimise aircraft turnaround time. Similar plans have been initiated at Gatwick Airport.
There are several prime examples where IIoT is already making a significant difference. Many sectors across the USA are already seeing the benefits. For example manufacturing companies using IIoT are seeing 82 % increased operational efficiency. Product quality is also soaring, with up to 49% less product defects**
The UK manufacturing sector is embracing the potential of IIoT too. For example, Rolls Royce announced earlier this year their partnership with an IIoT start up to accelerate Iot/IIoT and Big Data Innovation.****
#2 Thorough Planning
It’s important to map out where you are gaining the business value as information flows. From data ingestion all the way through to the final stage where it adds value to business process. Fully mapping the data flow provides the base line definition for the required end-to-end data capture platform.
This is why Microsoft Azure, Office 365 and Dynamics CRM have been designed to interoperate. This significantly reduces the number of connections that need to be developed, in turn, lowering deployment overheads.
#3 Not tackling everything at once
In my experience organisations that try and tackle everything at once usually fail. The best approach is modular. Adding and expanding as the amount and quality of data increases is a cost-effective, minimal risk approach. For example, if you start with Azure as a foundation, it’s easy to build upon this. Once you have the data organised in Azure it can be fed into Microsoft’s Analytics Platform and Cortana Analytics Suite to convert data into insight, then action.
Why start your IIoT project with a Remote Monitoring project?
It’s a low cost, low risk way to demonstrate proof of concept for a broader IIot project. By collecting data from assets, using it to trigger automatic alerts and actions, such as maintenance requests, and other operational processes, it’s easy to see how this concept could be extended to other areas of the business.
It is easy for different colleagues to understand, plus there’s the added benefit that in most organisations the data already exists. It just needs collecting and analysing.
Interested in finding out more about Microsoft’s IIoT Suite or Remote Monitoring?