Over the last three decades or so, internet has truly changed the way people communicate, share ideas and even perform business with others. In a way, we can say that the utilization of internet has truly brought an industrial revolution that we all are part of. Businesses have become more digitized now and in the coming future, with the application of best technological practices, we are definitely going to witness some really smart manufacturing processes.
The impact of Internet
The inception of Internet initially took place for Military Applications in the year 1960 and gradually its potential for non-military uses were discovered. What else, internet started to be applied in common human life as well and needless to mention that since then so many remarkable changes have taken place. The technology has single-handedly destroyed many service jobs namely – travel agents, tax accountants, bank tellers etc. while on the contrary, it has created new opportunities for various jobs in the technology industry as well. Moreover, getting connected with the digital world has truly revolutionized how communication occurs and information is shared.
People now have vast amount of information available at their fingertips and with the advent of smartphones, we now have the access to almost anything at anytime. Well, this has great impacts out there on the business world. From the consumers aspect easy and convenient service can be availed and from the business owner's’ perspective, keeping detailed data of everything and maintaining interaction in between is possible.
The Internet of Things
Whatever the purpose is that this Internet of Things is used for, whether it is consumer, industrial or for any other application, the sole object is to simply connect devices with each other so that communication becomes more effective and convenient. The idea has been there for more than a decade but it is only now that the technology has flourished enough for common human use. The most advantages of out is being absorbed by the industrial sectors. This has truly revolutionized the manufacturing and delivering process.
Here are some industrial applications of Internet of Things
The implementation of astute technology by various industries has not only paved the way for their success, it has driven business to a new direction as well. Appropriate utilization of Internet of Things (IoT) has solved the issues of long-standing industry-specific challenges. Developing to IoT solutions improves the connectivity, collecting data and deriving the insights for open and scalable solutions. This goes without saying that it has an impact on the overall revenue and productivity of the business.
Below are some of the industrial sectors that has been Implementing IoT for the desired purpose
Users are now looking forward to digital experiences for their vehicles so that they can align with the exclusive experiences that they have wherever they go. All the best in class features in your car is now possible with IoT and thus you can have the best riding experience. Automotive industry is getting smarter with the acceptance of technology.
The energy sector has to adapt this advanced technology in order to maintain a synchronized process throughout. Connectivity between the countless devices is now possible with IoT and thus the devices can share the information on a real time basis and this obviously helps more efficient distribution of the energy. Consumers, business owners and utility providers get their required information on a real-time basis that helps them plan the less consumption of energy.
Advanced technology is very much needed in the healthcare sector. Adapting IoT has truly caused the transformation for this industry. It has improved the remote patient monitoring, personalized treatment, and the best effective fact is that it is improving the outcomes along with lowering the medical costs.
There are enormous amounts of data that the manufacturers need to deal with on a regular basis. Those are related to equipments and suppliers mostly and an effective analysis of the data is of paramount importance to assure the growth of the industry. The right assessment of every data of the manufacturing value chain with the help of the IoT genuinely increases the efficiency along with keeping the productions running smoothly.
Retail is such a sector where people seek for personalized services only! By using the IoT, the retailers actually ensure personalized and immersive service for their customers and this keeps the shoppers coming back. So many details need to be gathered and maintained in an apt way and Intel and its ecosystem of collaborators are actually easing the effort of analyzing, understanding and extracting value out of it.
# Smart buildings
When it is about enabling smart approaches for your building, IoT can help you achieve the transformation. Intel and its ecosystem is delivering automated solutions for buildings in order to increase security and reliability. More so, this enables the architects to incorporate the full building with ecosystem.
# Smart homes
Now is the time to turn your home smart enough so that you can know easily know who is there at the door or is everything ok at the house. Embracing the IoT assures the making of your dream smart home into reality.
The year 2016 has already kicked off and the biggest buzz in the industrial sector in this year is Internet of Things (IoT). The benefits of IoT are being accepted across the industries like logistics, manufacturing, healthcare etc. And it is certain that this is going to be the biggest trend in the industrial sector for 2016.
Actually, in the year 2015, a number of companies had invested in Internet of Things for the improvement of their business and they have experienced the difference. So, this year they will invest even more for much better results. This is still an untapped area for businesses. The companies are gradually experiencing the benefits of data-driven decision making.
From smart to smarter factories
Smart factories are very much in trend now. Factories are getting smarter with the use of Internet of Things. A number of studies have revealed that factories and manufacturers are going to be the biggest benefactors of IoT having an economic impact of around 3.7 trillion per year.
When it comes to companies that have successfully adopted Internet of Things solutions, the name Stanley Black and Decker is sure to arise. In order to improve the transparency of its router production line and also to improve labor efficiency, Stanley created a Real Time Location System. This consists of an active RFID tag which is very small in size. This tag is attached to every material and it is accessed through WiFi. Now, this has made it easy for the workers, plant managers to know about the assets location and status in real time.
This RFID tagging is now being used in other industries as well. But there are still a number of companies to gain from this technique.
More efficient logistics
Other than factories, the logistics industry has also adopted Internet of Things. The Port of Hamburg is the biggest example of it. This is one of the largest logistics players. The port deals with 140 million tons of goods every year in 9 millions containers. With around 40,000 trucks arriving daily, ports authority was looking to increase efficiency through technology.
In a joint venture with SAP and Deutsche Telekom, they created Smart Port Logistics. This is a mobile business cloud system through which stakeholders are connected all the time. Information about every component in the harbor like trucks, containers, ships, people, and bridges is available to everyone. This has resulted in trucks are reaching at the destination faster, they know where to unload, actions on various other aspects can be taken real time.
Formation of new business model
Along with optimizing businesses, Internet of Things is also providing new opportunities for the businesses. Semios is one of the fine examples of this. They have used a network of video cameras, pest traps, pest repellent emitters to assist the farmers in timely evaluation of their firming field. Instead of hiring pest managers on a bi-weekly basis, they can now collect information about pest management on a daily basis through the Semios’ pest management system. This is less expensive and convenient.
Internet of Things is going to be the real game changer in the business field in the year 2016. Apart from the traditional businesses, this can be advantageous for the entrepreneurs as well. Anyone, capable of generating actionable insight from their IoT infrastructure can make their company run much smoother and smarter.
Prompt Assembly & Packaging Inc.