As the Internet of Things, (IoT), Industrial Internet of Things (IIoT), ever-increasing streams of data, consumers, and businesses are starting to realize the benefits from the myriad of cyber-physical devices being used to monitor, record, and process information while reducing costs through efficiencies gained in supply chain and inventory management systems. Couple this with the insights acquired through analyzing IoT data and the estimate of a $1.6 trillion market by 2025 (IoT market size worldwide 2017-2025 study by Statista) seems reasonable.
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What are the IoT, IIoT, and IoE?
The Internet of Things (IoT) is the assemblage of cyber-physical devices embedded with technologies designed to sense, collect, or actuate upon the environment in which the individual device is deployed. Communication, which is a facet, if not the primary facet of these devices, can be over the public Internet or private links as determined by the deployer of the device.
The Industrial Internet of Things, (IIoT) go beyond the regular IoTs applying to the junction of cyber-physical devices that makeup Information Technology (IT) and Operational Technology (OT) assets operating jointly as part of an industrial application such as manufacturing, robotics, or utilities to name a few.
Most people know about IT devices, but OT is more obscure and include:
• Industrial Control Systems, (ICS)
• Distributed Control System (DCS)
• Human Machine Interface, (HMI)
• Programmable Logic Controller, (PLC)
• Supervisory Control and Data Acquisition, (SCADA)
The Internet of Everything (IoE) is the label given to logical convergence of People, Data, Things around Processes, by millions or even billions of IoX devices measuring and assessing the environment while communication over public and private links over many different protocols.
The IoE is about data from cyber-physical devices to physical actions as a consequence.
· People to People, (P2P)
· People to Machine, (P2M)
· Machine to Machine, (M2M)
· Data to Meaning
· Machine to Data
Our four steps to a successful IoT Project?
We, at Nebulai, can assist your organization to understand if an IoT, or IIoT use case may be right for you. We can work with your business strategy team to define if there are challenges your organization is currently facing that IoTs could solve. Our approach includes the following:
· Define an IoT or IIoT Maturity Assessment and Roadmap
· Understand potential industry use cases and compare against other successful use cases we have seen from the same or similar industries
· Establish the right level of sponsorship for those selected use cases to ensure the success of your IoT or IIoT initiatives
· Accelerate the impact of IoT initiative by targeting low risk, high return, and easily achievable IoT or IIoT initiatives first
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Our IoT Specialist team will be happy to have an initial no commitments conversation to help your organization get started with this disruptive technology.