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4 Reasons to Future Proof Your Business With Industrial IoT

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The best thing to do will depend on each individual business owner. In the long run, implementing Industrial IoT services is the better thing to do. Advancing technologies only go on getting updated so there is no going back now. The sooner one starts implementing these services, the sooner they can benefit from it. – PowerPoint PPT presentation

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Title: 4 Reasons to Future Proof Your Business With Industrial IoT


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4 Reasons to Future Proof Your Business With
Industrial IoT
Automation of various daily activities is not a
new concept. It is something we see and do in
our everyday lives. We use the products that are
born out of the internet of things. Its in our
smartwatches, home hubs, weighing scales,
refrigerators, doorbells, our cars, and a million
other products in between. The internet in them
enables them to talk to each other. However, IoT
goes beyond just our personal use products. It
has expanded its reach to machines, factories
and what not. This is the industrial internet of
things. It is popularly known as the fourth wave
of the Industrial Revolution.
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And in this blog, we are going to give you an
overview of how it works, how it enhances your
business operations and the challenges you might
face during the implementation of the same. How
does IIoT work? The most basic step of using
IIoT solutions in your production flow is by
integrating the necessary sensors or by switching
out with the machines that have with the right
sensors. There are two ways to go about it.
Either one can build these machines from
scratch according to ones requirement, or one
can buy these machines and robots and program
them according to their needs. The sensors you
use can be determined by how you want the actions
to flow. For movement-based actions, you need a
motion sensor, for time- based ones you need to
set it up for actions at specific intervals. You
can also have temperature-based sensors to get
the most productivity based on the changing
environment. IIoT might come with some
complications but it has something big to offer
us. According to a study, by 2020, 85 of
manufacturers plan to implement IIoT solutions
in their plants. This means that they can see
the long-term implementation of IIoT and already
have a workforce that knows how to use these
systems or are in the process of hiring skilled
people who are able to integrate IIoT in their
workflow. And if you are still on the minority
side of this, then we know the reason why. In
our next section, we have listed out the concerns
you might have regarding IIoT and of course, the
reasons why you should let go of them.
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  • Why are owners scared of implementing industrial
    IoT services?
  • Data security breaches The most important part
    of the internet of things, is the cloud-based
    system it works on. The data is on a cloud
    platform. A lot of owners worry about security
    breaches.
  • Finding skilled workforce IIoT is a fairly new
    concept. So, owners are concerned about not
    being able to find skilled workers for a price
    that they can afford.
  • Upgrading costs Upgrading huge machines is
    pretty expensive. And without actually seeing
    the benefits work for them, the owners are
    hesitant to take the risk of spending a huge sum
    of money.
  • Production Stoppage Obviously upgrading machines
    means production will pause for a while. This
    means your business might suffer a loss during
    the process of machine upgradation.
  • Current Workforce Problems The staff may take a
    while to learn their way around the new
    machines, so the once friction-less work
    environment could be a little more stressful.
    This may upset the workflow and affect the
    production process. However, once the training
    is over and things start to run smoothly, there
    is no turning back on efficiency.
  • All the concerns regarding the IIoT are valid but
    the benefits IIoT has to offer will take your
    business to another level. Below are the benefits
    of IIoT
  • Reasons Why You Should Future Proof Your Business
    with Industrial IoT
  • Industrial Internet of Things connects the
    machines in your factory with

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  • the internet. The machines can monitor themselves
    and learn their own behavior patterns making
    sure that everything works efficiently.
  • Seamless Workflow IIoT enabled devices work with
    each other to create a seamless workflow. This
    gives way to more structured business operations
    and quality products. IIoT solutions make your
    machines smarter and help you sell more.
  • Shorter Maintenance Time The machines work in
    sync with each other and humans in a particular
    pattern. Any break in the pattern triggers an
    alert and notifies the owner. This means that one
    can repair it immediately. When the maintenance
    interval is shorter, the production cycle has
    shorter delays.
  • Efficient Customer Service Another advancement
    that IIoT can offer you is the efficient
    monitoring of all the products you sell. Whenever
    the products malfunction, your customer
    immediately gets an alert to bring it in for
    maintenance or you can offer at home maintenance,
    depending on the product. Efficient customer
    service helps establish a long-term relationship
    with the customer.
  • Enhanced Upselling As we have already
    established, IIoT solutions can monitor the
    products that an owner sells. It is a great way
    to upsell your original product. Moreover, by
    learning how customers use a product, and what
    for, the owner can understand the future
    requirements of the market and launch new
    products based on that. The new products can be
    completely unrelated to the original one, or
    they could be add-on accessories that enhance the
    original product.

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All the benefits mentioned above have made the
manufacturers believe in the Industrial Internet
of Things. View Source https//www.sooperarticl
es.com/internet-articles/4-reasons-future-
proof-your-business-industrial-iot-1715187.html
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