Over the past few decades, many connected devices have been included by industrial firms. The adoption of connected devices is a good initiative in the IoT to meet the goals of the organization. Generally, an organization requires various procedures and infrastructures to study, aggregate, collect, act, and analyze the data of the organization. Also, organizational admirations require managing the network connections and devices. Here, the major part is played by the industrial IoT (IIoT) platform.
The IIoT platform has industry-specific models, data standards, and protocols, as well as a digital twin’s library. The managing director and a senior partner of Boston Consulting Group, Massimo Russo, has mentioned that an IIoT platform is helpful in driving new innovations in deployments. Additionally, the IIoT platform is also an important factor to scale IIoT and support OT/IT convergence.
Various organizations or firms have adopted various protocols and technologies for setting up different IoT silos. Moreover, the data analyzing process and the process of aggregating have been complicated due to the compatibility issues in the silos. The integration efforts of the organization are limiting innovations in the deployment of IoT and generating various challenges in maintenance and management. To fight these challenges, some of the vendors are helping with providing certain products.
An organization can find various features by adopting the IIoT platforms. Some of the important features are:
In various ways, the IIoT platform is providing value to organizations or firms. Massimo Russo has mentioned that the IIoT platform helps pursue the business goals of centralizing the IIoT deployment data aggregation and management. Hence, there is no longer the necessity to analyze, manage or chase the specific organizational data by the plant managers of the organization.
Moreover, firms are using such platforms to maximize their operational values and giving better management services. Along with that, the IIoT platform maximizes production, monitors worker safety, and automates processes. Also, this platform is very supportive for the industrialists to sell their products to their customers as well as provide better services. In this platform, the organizational firms can develop their own application for better user experience and improve their product sales.
An organization might face lots of challenges while using it as it has some new advanced features and might face difficulties in implementing them. The organization requires experts to manage their security systems and analyzing the data according to the capabilities of the IIoT platform. Here, the IIoT teams also need to employ some experts to manage the on-premises or cloud data center. These experts can help the organization to manage and scale up data and also to carry out the structural analysis.
If we look into the past studies, IIoT platform usages by industrialists are very low, but slowly and steadily, it is increasing. In 2020, the IIoT platform usage was only 10% by the industrial enterprises for the betterment of factory operation. Further, this platform has expected to grow by 50% by the end of the year 2025.
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