5 Ways IoT Works in Industry 4.0

With each passing day, we as humans have been discovering better technologies, and better methods to accomplish our day-to-day tasks. Likewise, we are now having an interesting and very powerful technology called “Internet of Things”, which connects a wide range of physical devices together. The relevance of this technology can be further estimated by a fact that tech giants like Google, Apple, IBM, etc have been shedding billions of dollars for its research, and the future of driverless cars, smart devices, and multi-facilitated manufacturing operations are all being empowered by the IoT technology. Taking this discussion further, here we will be discussing the five ways IoT works in Industry 4.0.

What do we mean by Industry 4.0?

Industry 4.0 or the Fourth Industrial Revolution is regarded as the digital transformation of the manufacturing units, production industries, and other traditional processes. This revolution aims to make existing processes more streamlined and valuable and this is accomplished by employing the IoT technology, about which we will be discussing further in the upcoming section.

What is the Internet of Things (IoT) and How does it Work?

Internet of Things (IoT) is a revolutionary concept that points over connecting a number of devices together via the internet. This means the devices can establish connections, interact among themselves, and perform the required set of actions. Let us understand this with a simple example:-

Suppose you have to reach your office by 9 am every morning. Now, if the Internet of Things (IoT) is into play, then the alarm clock will set the alarm for itself, the coffee maker with prepare the coffee exactly, when you need it, your car’s navigation system will set to the best route for you. Wouldn’t that be a great thing to have? Well, yes! the Internet of Things (IoT) holds great potential for making your life more comfortable. The convergence of several technologies has made the Internet of Things a reality. Here in this phrase, we have used the word “things” which signifies that every device or an object that is embedded with an electronic system can be made to transfer the data without human intervention. Based on the data provided by these devices, the future actions are taken and in this way, the devices work smartly together to get the task done in the best way. To understand it further, let us take the following example,

Consider a car manufacturer has to carry out multiple operations like the production, assembling, polishing, etc. Now each of these processes requires the transportation of goods when it is required. How, if we connect all these operations to one another such that they together make smart decisions and decide what to deliver at which place and at what time. Wouldn’t it be a very good initiative? Well, this way to connect the devices altogether to get things done in the right manner is called the Internet of Things.

What are the Benefits of Employing the Internet of Things (IoT)?

Improved Efficiency

Internet of Things (IoT) holds great potential in enhancing the overall efficiency of all the operations that are carried out individually or at the workplace. Businesses have been implementing the Internet of Things (IoT) for automating the business operations and if we talk about the best IoT solutions in Singapore, then, there are some of the best companies in Singapore to provide complete assistance for the same.

Improved lives

Internet of Things (IoT) is a very good approach that can improve our personal lives to multiple folds. From setting up a morning alarm to set up the temperature of the homes, IoT serves as a great option, which makes processes better.

Optimal Use of Resources

Another important feature that the Internet of Things (IoT) facilitates the users is that it lets them use the resources in an optimal way. Every connected device coordinates with other devices and together takes the right decision which is resourceful, efficient, and feasible.

How the Internet of Things has been transforming Industry 4.0?

Smarter Living Spaces

How great things would be, if someone wakes you up in the morning at the perfect time, so that you do not get late for your office, guides you the route that you need to follow up so that you reach your office comfortably, prepares your morning coffee at the right time and all together gives you a perfect start to you. Well, this is no more a struggle to find out such a friendly technology, the Internet of Things, got all these things covered. An IoT enabled alarm clock can reset itself if it finds that your office meeting got postponed to a future hour or the train that you wished to catch-up got rescheduled to a different time. An IoT enabled coffee maker is good enough to keep your coffee ready for you so that you do not waste your precious hours in preparing the coffee. An IoT-enabled navigation system can prepare the best route for your reach your office based upon the traffic and weather conditions so that you do not get stuck in between the route.

Efficient and Productive Workplaces

An IoT-enabled workplace again provides a convenient working infrastructure for you. There would be smart AC vents that set the temperature perfectly, based upon your suitability, all the machines responding to one another to get the task done automatically, without human intervention and many other smart working methodologies can be provided by the IoT. For instance, cosmetic firm L'oreal makes the use of the integrated IoT sensors on their production line to help them make the best decisions in real-time. In addition to this, the manufacturing sector is one of the largest industries where IoT is now finding application. Manufacturers and the industrialists are now investing heavily in this field and employing IoT for optimizing their processes, monitoring the health of the equipment, and conduct predictive and preventive maintenance on that equipment. Further, as per the leading market research company, IDC, there was an investment of $102.5 billion in the year 2016 in the manufacturing sector for upgrading it with the IoT technology and with this, there are some of the best IoT solutions providers in the world, where if we talk about Singapore, then one could find best IoT solutions in Singapore (Source: International Data Corporation Report, 2016).

Creating Sustainable Energy Options

Next comes the Energy and utility industry where IoT is widely used across the drilling lines, tracking the energy consumption, and monitoring the energy distribution. Further, if one has been looking for the best IoT solutions in Singapore in regards to energy and utilities, then there are some of the great companies that can assist in preventing the wastage of energy, procuring a safer operating environment, and optimizing the energy distribution.

Driverless and Automated Vehicles

If we talk about future cars, then it’s more towards automation, rather than manual handling and in this direction, IoT has been playing an important role. Automotive Tech giant Tesla has already taken the initiative to bring its much-awaited driverless car to the common audience. It has been using IoT technology to give its dream a realistic shape and develop smart vehicles that take the right decision at the right time. Other than this, there has been significant growth across the connected devices and the demand for seeking IoT solutions in Singapore is on the rise!

Improving Transportation of goods and services

Another way IoT has been playing its part in the ongoing Industrial Revolution is by enhancing the present transportation and Logistics Industry. Here, IoT is employed for tracking the vehicle, schedule maintenance, track the temperature to ensure that the goods are in required conditions, and optimize fuel consumption. Further, there are some of the best IoT solutions in Singapore, that one could seek to improve their transportation services.

Summary

As the Internet of Things (IoT) continues to evolve across different areas, global industries start investing in this technology to procure the benefits across their operations. This is all done to leverage the benefits by improving the existing system and bringing better methods that are more productive and effective. Hence, the future is not far! Better technologies are coming up by each passing day and of all of these technologies, the most vital one is the Internet of Things, which could help us make the right decisions at the right time and help us lead a more comfortable life. Inspired by this growth, there are some of the best IoT solutions by the IT leaders and for those who have been searching for the best IoT solutions in Singapore , then there are some great companies like Pixel Softwares to work with!