The digital transformation required by implementing the industrial Internet of Things (IIoT) is a radical change from business as usual. This quick glossary of 30 terms and concepts relating to IIoT will help you get a handle on what IIoT is and what it can do for your business..
From the glossary’s introduction:
While the idea of the Internet of Things (IoT) has been around for many years now, most prominently in concepts like connected home appliances, that is not where the power of IoT is truly relevant. Beyond consumer and home applications, the technology can especially benefit the industrial Internet of Things (IIoT).
Operations that rely on sophisticated equipment to produce goods need to have systems in place that can constantly relay pertinent and accurate data about what is happening on the line. This data must then be collected, collated and processed into actionable information that can be used by other intelligent machines and devices or by responsible decision makers. These IIoT systems are increasingly essential for any operation looking to achieve a competitive advantage.