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IIoT is here

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The IIoT market is expected to reach $320B by 2020. The major reason behind this massive increase is- companies have started utilizing the IIoT to collect, aggregate, and analyze data to maximize efficiency and enhance productivity. The IIoT not only bring automation through machine learning but also establishes better synergy among machines to optimize output. – PowerPoint PPT presentation

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Title: IIoT is here


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IIoT is Here Know Why Your Company needs It
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Introduction
After Smart Home and Smart City concepts, the
advent of IIoT (Industrial IoT) has completely
changed the global IoT scenario. On one hand,
IIoT drives the fourth wave of industrial
revolution, and on the other hand, it contributes
significantly to the unprecedented surge in the
number of connected devices worldwide. As per
Statista report, most of the industrial sectors
will record four to six times growth in spending
on Internet of Things worldwide till 2020. As per
another survey, the IIoT market is expected to
reach 320B by 2020. The major reason behind this
massive increase is- companies have started
utilizing the IIoT to collect, aggregate, and
analyze data to maximize efficiency and enhance
productivity. The IIoT not only bring automation
through machine learning but also establishes
better synergy among machines to optimize
output.
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Agriculture-  Smart farming becomes a reality as
farmers have started implementing sensors to get
the real-time data about soil composition,
weather, air quality, water level, etc. Though
countless acres of farmland is still out of reach
for IIoT, the farming sector offers a lot of
opportunities for this technology. IIoT can help
farmers monitor all the operations ranging from
harvest to market delivery. In a way, the sector
remains a perfect use case for IIoT
concept. Manufacturing-IIoT deals with three
major aspects of the manufacturing sector-
efficiency, productivity, and safety. It assists
manufacturers to unlock the potential of machines
through automation and increased operational
efficiency. It is easy to optimize production
while ensuring enhance the safety of workers with
IIoT implementation. Now, this is what we call
smart manufacturing!
5
Retail- IIoT can increase supply chain efficiency
thereby improving the customer services. Also, it
plays a significant role in reshaping the
customer experience by initiating and managing
new services. In other words, retailers can
improve the shopping experience of their
customers, and the retail sector can be a great
beneficiary of IIoT. There is no exaggeration in
saying that IoT is a future of retail.  Energy
and Natural Resources- Better management of
resources and improved distribution are the
obvious outcome of implementing IIoT in the
energy sector. Many connected devices gather and
share information in real time to enhance the
efficiency of the power grid while improving
security and reliability. The IIoT is capable of
transforming the energy landscape into more
powerful and customer-centric field. 
6
Automotive- The smart car is not far away as the
automotive industry has initiated the
implementation of IIoT on a large scale.
Driverless cars are in trial phase, and soon, we
will see the cars that can turn data into
actionable insights thanks to IoT. The new age of
autonomous driving is about to begin as the IoT
developers are busy in creating immersive
experiences like voice recognition, self-parking
systems, and display improvements.  Healthcare- D
ata Analytics, machine learning, and AI are not
new terms for the leading hospitals. Altogether,
the IoT technology assists the healthcare
professionals to treat the patients with a
critical condition in a better way. Whats more,
telemedicine can also be implemented with IIoT.
It is easy to get, store, and analyze the
valuable patient insights in the real time
through an IoT implementation. 
7
Real Estate- After smart homes, we have smart
buildings now. Be it a commercial or a
residential building, the IoT can take better
care of the priorities of builders, realtors, and
owners. The IoT implementation in the real estate
sector can significantly improve the operational
efficiency and overall experience of the property
owners.  Transportation and Logistics- Connected
fleet can make transportation and logistics
sector intelligent. The IoT integration can
enable transporters to address age-old problems
like safety of drivers and passengers,
inefficiencies in managing assets, missing
deadlines, etc. The IIoT for transportation can
improve fleet management as well as logistics and
supply chain. 
8
Aerospace- The Aerospace industry can create
highly reliable and integrated systems with the
help of industrial IoT. Re-installation and
configuration of tactical communication systems,
as well as delivery of command data with 100
percent accuracy, can be achieved by implementing
of industrial IoT in the sector.  Insurance- Insu
rance providers reward customers for maintaining
healthy and safe life. For example, if the
customer does not file a claim within a
stipulated period, the provider may reduce their
rates for the next term. IoT can help providers
in adjusting rates. Auto and homeowners insurance
providers can take the benefits of IoT to the
fullest. However, other insurance types can also
leverage the advantage of this concept.
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However, implementation of IoT at your workplace
requires utmost care and precision. Apart from
protecting the employees privacy, you need to
use authorized identities for the enhanced device
and data security. Whats more, the backup plan
should be at a place and there must be a common
dashboard for adding any new devices at your
office. All such precautions would assist you to
make the most of a revolutionary IoT technology
while offering your employees a safe and pleasant
user experience. Solution Analysts is a renowned
IT solutions provider globally. Our foray into
custom IoT app development is aimed to meet the
diverse requirements of your business. How about
contacting us for implementing tailored IoT
solutions at your company in a cost-effective
way? Our expert programmers are always happy to
help you out.
10
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Telephone 1 (732) 927-5544
For more information, please visit https//www.sol
utionanalysts.com http//enterpriseiotsolution.com

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