IoT Training in Anna Nagar

Benefits of IoT – its challenges and Future scope

Benefits of IoT :

• By using Industrial Internet of things data, top management from industry get a full and exact view of how their industry is doing, this helps them make better decisions for the growth of Industry.
• IoT networks of smart & intelligent devices allow organizations to connect their employee every time wirelessly and manage their activity for their safety on the factory floor.
• Some companies are already adopted IoT and they are benefitting through cost savings due to predictive maintenance, improved safety, and other operational efficiencies.
• There are unlimited growth and scope for web development, which is the best career prospect today. In a recent survey, it was found that almost 23,000 jobs are getting created per month.

IoT can greatly improve the following:

1. Connectivity
2. Efficiency
3. Scalability,
4. Time Savings
5. Cost Savings For Industrial Organizations.

Challenges of IoT :

Two biggest challenges are Interoperability and Security.

1. Interoperability–

• The ability of system or product work with other systems or products without special effort on the part of the customer.
• A major concern surrounding the Industrial Internet of Things is interoperability between machines and devices that use different architectures and different communication protocols.
• Ignition is cross-platform and built on open-source and IT-standard technologies so it is an excellent solution for this

2. Security –

Security is another important and major concern. Companies should know about their data security.

Cellular IoT is Taking Over the World:

• Cellular IoT connects physical devices (such as sensors) to the internet using essentially the same technology as your smartphone.
• Instead of needing to create a new, private network to operate your IoT devices, they can piggyback on existing mobile networks.
• Most low-power devices have historically used GPRS (General Packet Radio System), which has excellent hand-off abilities - important for mobile devices and vehicle-based implementations - as well as low data costs and low power consumption.
• GPRS networks face being deprecated in many countries, it is essential for designers
• Engineers to make forward-looking decisions when designing IoT devices, and in the context of Cellular IoT this means embracing the new LTE standards proactively, as opposed to reactively.  

Future scope

According to the Report

• “Operational efficiency has been improved by IIoT, but companies can also gain more profit by seeing it as a tool for finding growth in unexpected opportunities.”
• In the future, successful companies will use the Industrial Internet of Things to capture new growth through the following approaches:
• IIoT helps to boost revenues by increasing production
• New growth approaches by creating new hybrid business models
• Exploiting Intelligent fuel innovation technologies and transforming their workforce”.