Manufacturing And The Industrial IoT

The manufacturing industry is undergoing an evolutionary step-change, with major changes occurring on multiple fronts. Companies working on digital transformation are taking inspiration from the Internet of Things (IoT) to power their factories of the future.

As a growing subcategory of IoT, the industrial Internet of Things (IIoT) leverages smart sensors and actuators to connect humans and machines with the Internet, boosting manufacturing and industrial processes in terms of efficiency, productivity, and safety.

Along with cyber-physical systems (CPS), cloud computing and cognitive computing, the IIoT is key to building the Industry 4.0 era.

The market opportunities for IIoT are massive and reports now suggest that the global IIoT market is expected to grow at a CAGR of 7.39 percent to reach US$91.4 billion by 2023, with the manufacturing industry holding the largest market share.

Successful adoption of IIoT systems is built on devices and technologies such as networking, sensors, RFID, cameras, GPS/GNSS, smart beacons and monitoring systems. AI-powered computer vision, machine learning, natural language processing and big data technologies are expected to continue to deliver breakthroughs in IIoT research, development and deployment.

IoT in Manufacturing & Smart Factories

Widely applied in sourcing and production, assembly and packaging, warehousing and supply chain management, IIoT solutions enable a fully-connected factory where information and operational commands can be directly sent to suppliers, manufacturers and distributors.

Smart factories can achieve improved manufacturing efficiency and quality, enhanced human activity support and reduced energy consumption and costs. Many industrial and tech companies are venturing into IIoT product development, aiming to bring innovative IIoT solutions to smart manufacturing.

Challenges and Trends

In recent years manufacturing companies have built a much better understanding regarding the value and benefits of the IIoT. They do however still face challenges in adopting IIoT solutions in their factories.

One of the biggest issues is security vulnerability, the risk that hacking could cause data breaches, privacy violations, or have a damaging impact on the OT system and factory operations.

Another critical challenge is the high cost of hiring human experts and deploying hardware, software and high-speed network infrastructure for IIoT connection, especially considering the relatively long payback period. Overcoming these hurdles is crucial to accelerating IIoT deployment in manufacturing.

A number of new trends are emerging in IIoT and industry 4.0, mostly enabled by the rapid development of cutting-edge AI-powered technologies.

One example is the combination of edge and cloud computing for data management: The edge platform enables basic analysis to be performed close to the user with near zero latency, reduced data exposure and increased resiliency; while the cloud provides high data storage capability and enormous computing power.

Another trend is digital twins, which integrate IIoT, machine learning, and software analytics with spatial network graphs to create a dynamic virtual copy of a physical system for its real-time optimisation.

Synced Review:        Image: Max Pixel

You Might Also Read: 

What Is The Internet of Things?:

E-Fusion And Industry 4.0:

 

 

« An AI System Capable Of Generating Fake News
'Cyber Ranges' Improve Corporate Security »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

BackupVault

BackupVault

BackupVault is a leading provider of completely automatic, fully encrypted online, cloud backup.

UK Cyber Week Expo & Conference

UK Cyber Week Expo & Conference

Award-winning event organiser ROAR B2B announces the launch of UK Cyber Week and its inaugural event on 4 and 5 April 2023 at the Business Design Centre, London.

CSI Consulting Services

CSI Consulting Services

Get Advice From The Experts: * Training * Penetration Testing * Data Governance * GDPR Compliance. Connecting you to the best in the business.

MIRACL

MIRACL

MIRACL provides the world’s only single step Multi-Factor Authentication (MFA) which can replace passwords on 100% of mobiles, desktops or even Smart TVs.

Resecurity, Inc.

Resecurity, Inc.

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

Wisegate

Wisegate

Wisegate is a community of IT experts providing advisory services on all areas of IT including security.

Kirkland & Ellis

Kirkland & Ellis

Kirkland & Ellis LLP is an international law firm with offices in the USA, Europe and Asia. Practice areas include Data Security & Privacy.

Senetas

Senetas

Senetas is a leading developer and manufacturer of certified high-assurance encryption solutions, dedicated to protecting network transmitted data without compromising performance.

Qolcom

Qolcom

Qolcom is a leading UK based integrator of secure wireless network and mobile device management solutions.

Industrial Networking Solutions (INS)

Industrial Networking Solutions (INS)

INS Services specializes in designing, deploying and providing on-going support for critical OT (Operational Technology) and IIoT (Industrial Internet of Things) networks.

SevenShift

SevenShift

SevenShift is a security consulting firm with a wealth of experience in the worlds of Cybersecurity and Internet of Things (IoT).

Sanderson

Sanderson

Sanderson is a recruitment company providing expert recruitment services in areas including Cyber & Information Security.

Google for Startups

Google for Startups

Google for Startups is Google’s initiative to help startups thrive across every corner of the world.

Acreto

Acreto

Acreto is an end-to-end security infrastructure that protects all your technologies with a single, simple cloud service.

TAV Technologies

TAV Technologies

TAV Technologies is a provider of technology services to the aviation industry in areas including airport infrastructure systems, digital transformation and cybersecurity.

OmniCyber Security

OmniCyber Security

Omni is a cyber security firm specialising in Penetration Testing, Managed Security and Compliance.

Cyber Defence Solutions (CDS)

Cyber Defence Solutions (CDS)

Cyber Defence Solutions is a cyber and privacy Consultancy with extensive experience in the development and implementation of cyber and data security solutions to your assets.

Hyperproof

Hyperproof

Hyperproof is a cloud-based compliance operations software. Launch new programs immediately, collect evidence automatically, and manage a compliance program intelligently.

Analygence

Analygence

ANALYGENCE is your trusted partner for mission support, cyber solutions, and management services.

Quantum Star Technologies

Quantum Star Technologies

Quantum Star Technologies has developed Starpoint to be a next-next-generation solution to cyber security threats. Our mission is to secure the online world through our patented technology.

Exalens

Exalens

With deep roots in AI-driven cyber-physical security research and intrusion detection, at Exalens, we are enhancing operational resilience for cyber-physical systems at the OT edge.