In
the near future, billions of pieces of equipment will be connected to
one another – everything from the yogurt container that reminds you
to eat its contents, to the smart city, where data is collected and
analyzed in real time so that traffic flows better, water is supplied
more efficiently, and resources are used more economically.
By 2020, approximately 50 billion objects will be linked together in the internet.
The
Internet
of Things (IoT)
is the network of physical objects or "things" embedded
with electronics, software, sensors and connectivity to enable it to
achieve greater value and service by exchanging data with the
manufacturer, operator and/or other connected devices. Each thing is
uniquely identifiable through its embedded computing system but is
able to interoperate within the existing Internet
infrastructure.
A
thing,
in the Internet of Things, can be a person with a heart monitor
implant, a farm animal with a biochip
transponder,
an automobile that has built-in sensors
to
alert the driver when tire pressure is low -- or any other natural or
man-made object that can be assigned an IP
address and
provided with the ability to transfer data over a network.
“The
Industrial Internet
of Things
(IIoT) is the next wave of innovation impacting the way the world
connects and optimizes machines. The IIoT, through the use of
sensors, advanced analytics and intelligent decisioning, will
profoundly transform the way field assets connect and communicate
with the enterprise. Helps greatly with predictive maintenance.
Any
industry you name it.Viz Manufacturing, Energy, Logistics, Health
Care, Agriculture etc will hugely benefit from the use of
Cyber-Physical systems to monitor, analyse and automate business.
Industry
4.0 is
a collective term for technologies and concepts of value
chain organization.Based
on the technological concepts of cyber-physical
systems,
the Internet
of Things and
the Internet
of Services,
it
facilitates the vision of the Smart Factory.
Building
blocks
of Internet of Things:
Sensors
(Sensing devices)
Network
Connectivity (data interpretation and transmission)
Device
management (device and software configuration, monitoring, and
management)
Open
integration and application platforms (cloud-based or hybrid)
Applications
and Big Data analytics
Mobile
user access

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