IIoT encompasses many technologies and is an essential part of Industry 4.0 initiatives. IIoT is redefining the manufacturing industry worldwide, turning factories into smart factories.
IIoT comprises hardware and software components such as Sensors, RFID, Industrial Robotics, Control Systems, Monitoring Systems, Networking Technology, Application Control Devices, Cameras, GPS/GNSS, Interface Boards, PLCs, MES, SCADA, and Management Systems.
Components of Smart Factories
IIoT, Artificial intelligence (AI), industrial robotics, big data, digital twins, and 5G are all speeding up the implementation of smart factories. These technologies help in improving productivity, quality, availability and reducing labour and energy costs, while allowing industries to respond rapidly to the changing needs of its customer base.
Artificial Intelligence (AI)
Intelligent automation is driven by AI technologies. AI connects humans, processes, and technology to boost business growth, drive revenue, and reduce cost and risk.
Machine Learning (ML), a component of AI, is crucial to Industry 4.0 and helps in applying big data to manufacturing process optimisation, leading to cost savings, safety improvements and supply-chain efficiencies. ML also allows machines to use large amounts of data to create algorithms to predict future outcomes, thereby enabling predictive maintenance. The algorithms help in more efficient inspection and monitoring of processes. Engineering design can be created more easily and quality control is improved with better root cause analysis.
The use of robots and Cobots with appropriate EOAT helps drive greater automation in manufacturing. The maximum adoption of robotics is being witnessed in the automobile sector and is also observed in other sectors such as Pharma, Cosmetics, and Agriculture.
Big data is captured using IIoT devices, which also help in generating meaningful real-time information for decision-making using AI models, both in the short-term and long-term.
Digital twins help in visualising expansion of or changes to any existing manufacturing setup as well as creation of any new manufacturing unit. This helps in appropriate space utilisation and optimisation of resources such as robots and machinery along with ergonomic manpower movement in the shopfloor. Time and money are saved over the traditional method of iterative physical changes.
The 5G network has enhanced the speed of communication between machines, and between humans and machines, thereby helping in quicker decisions and data transmission.
Industrial IoT Solutions in India
The implementation of IIoT in India, as in most other countries, has to deal with the critical challenges of standardisation, interoperability, and data securit
The use of AI is witnessing a significant increase in India to make use of vast volumes of data for real-time decisions.
According to the India Industrial IoT Market Report (2020 – 2026) which comprehensively covers the Indian Industrial IoT market by hardware, connectivity, software, vertical, and region, the market is projected to grow at a CAGR of 15.5% During 2020-2026.
The Indian industrial IoT Market is anticipated to register growth as numerous states are expected to witness an industrial construction spree in the coming years, with construction projects including the setting up of large-scale commercial and industrial establishments including retail, healthcare, and transport & logistics.
The above-mentioned growth would also be fuelled by the advancement in wireless technology coupled with the increasing need for condition monitoring in industries all over the country.
Remote monitoring in factories and plants has also gained traction amid the COVID-19 pandemic, which would also bode well for the industrial IoT market in the country in the years to come.
Industry–based private players across the world are bringing in high technology along with fast communication access, and are expanding their present infrastructure to enhance the installation and integration of the necessary equipment related to industrial IoT in India. This too is expected to drive the growth of the Indian industrial IoT market in the near future.
MELSS has been providing diverse solutions for a wide range of industries. Our solutions include PLCs and Control Systems, SCADA and PIMS, Industrial Robotic Solutions, Telecom and Photonics Solutions including 5G, a range of Sixdime IoT products including Data Loggers, Edge Devices, NFC Readers, Hertzor which is integrated with machine learning, Swas environment monitoring, and Smart Utility Controllers.