With summer in full swing, we know many of you are focused on beaches and barbecues. However, it’s a great time to catch up on what’s happening in the world of the Industrial IoT, so we have collected a few of the our favorite smart building articles from recent weeks in a round up below.
1. Industrial Internet of Things (IIoT) Will Account for More Than Half of Total IoT Connections by 2025
The global Internet of Things (IoT) market will be worth $1.1 trillion in revenue by 2025 as market value shifts from connectivity to platforms, applications and services, according to new data from GSMA Intelligence. By that point, there will be more than 25 billion IoT connections (cellular and non-cellular), driven largely by growth in the industrial IoT market.
2. 5 Common IIoT Questions About the Industrial Internet of Things
What do a robotic vacuum cleaner and industrial LED fixtures with embedded sensors have in common? Both operate using the Internet of Things (IoT), a revolutionary network of connected objects driven by sensors which output data into corresponding software applications. Beyond the consumer IoT (wearable fitness trackers, automated home thermostats, and more) is the IoT’s place in the industrial business world called the Industrial Internet of Things (IIoT). Manufacturers and other standard production environments are set to adopt IIoT technology at massive rates, with one report forecasting manufacturing to make up one-fourth of the total IoT market by 2020.
3. Best Practices for Using IoT in Supply Chain Management
For some time now, the growth and structure of the modern supply chain has facilitated the need for greater visibility and control. This partly
attributes to the simple fact that newer tracking and management technologies afford greater visibility — and so much of the competition in the industry has focused on offering it. But it’s also because customer sentiment and behavior has changed a little.
4. Can Your Organization Justify an IIoT Investment?
What challenges face your organization? Whether it is preventing expensive facility incidents like recurring leaks or the automation of manual processes, IIoT technology is an invaluable tool but, the infrastructure cost, and difficult-to-define ROI can prove to be formidable obstacles.
5. How to Turn Smart Building Data into Value
Our Smart Buildings collect enormous amounts of data every day. But how do we turn data into value? A surprisingly related field answered this question years ago. Let me tell you how they did it, and how we can do it too.