The Internet of Things (IoT) landscape is growing rapidly. IoT-enabled devices will make the world more connected than ever. According to a recent prediction, the number of active IoT devices will cross $25.5 billion in 2030. Furthermore, global spending on IoT is likely to reach around $15 trillion by 2025. This data reflects the rise in the popularity of IoT trends in manufacturing sector.
Nowadays, the Industrial Internet of Things (IIoT) has become an emerging trend across the manufacturing industry. It provides a robust information network that brings automation, analytics, and real-time decision-making capabilities to the manufacturing floor. It is exclusively designed to fetch data from manufacturing tools and machinery to automate the entire manufacturing process.
Furthermore, innovations in Industrial IoT technology will enhance efficiency, reduce risks and improve the supply chain. Here are the popular IoT trends that are set to dominate the manufacturing sector in 2022 and later.
Prominent IoT Trends in Manufacturing for 2022
IoT is of great help to enterprises and manufacturing units to automate processes and integrate digital transformation solutions. By leveraging remote sensors and IoT, manufacturing units can improve demand projection, achieve faster marketing time, and enhance the overall customer experience.
We can expect notable IoT trends in manufacturing in 2022 that will drive hyper-automation while integrating with future-ready digital transformation solutions –
1. Revolutionize Business Models
IoT capabilities have gone further from automating manufacturing processes. It assists manufacturers to transform existing business models into advanced and more productive ones. IoT technology covers three aspects in the business automation process – approach towards supply chain, product and manufacturing.
Automating business models with IoT benefits manufacturing companies from increased efficiency and a data-driven understanding of different processes and organizations. As a result, owners of these companies can transform their entire business models into innovative, more productive ones.
2. Adoption of 5G Technology
A sustainable remote working model is the need of the hour in this pandemic era. This model is here to stay even after the pandemic. The integration of 5G technology has become imperative for modern enterprises to improve their communication channels. It further enhances their connectivity to remain more remote-friendly for the pandemic age and beyond.
In addition to this, 5G technology plays a game-changer role in improving mobile connectivity. It works seamlessly with the IoT and cloud technologies. It is fair to mention that the coming year will bring rapid transformation to corporate communication with the assistance of 5G.
3. Amalgamation of AR and VR with IoT Tools
AR and VR technologies are vital components of digital transformation solutions. Both these technologies offer manufacturers an opportunity to effectively utilize Industrial IoT. As a result, it becomes easier to save data in its original form.
In addition to this, the combination of IoT and AR / VR brings significant economic benefits, like new opportunities to build product or service lines, reduced costs, and increased profits. On one hand, these technologies can be clubbed with IoT to create virtual prototypes of machines, products, or equipment and on the other hand, it assists manufacturers to construct stimulation exercises for employees.
By incorporating AR, users can easily access relevant data to create better strategies for optimizing inventories at manufacturing units and warehouses. Other than this, AR and VR tools can help manufacturers to create optimal routes for effortlessly navigating through different facilities.
Also Read : How IoT Revolutionizes GPS Tracking Software
4. Focus on Data Security
Be it banking, payment, or manufacturing, data security will always remain to the core. Even a single cyberattack can destroy the reputation of the business and adversely affect revenue. Hence cybersecurity becomes a crucial concern for enterprises.
Manufacturers have more at stake as compared to regular users when it comes to using IoT-enabled devices. Such devices are responsible for a high level of automation and employee safety in smart factories. As a result, even a single breach may lead to data leaks or malware attacks that can often result in product failure or accidents.
IoT ecosystems enable manufacturing enterprises to keep a record of physical IoT devices so that they may not get stolen or lost. They also use encryption to save the sensitive data of manufacturers. Furthermore, IoT tools can identify and run risk assessments for eliminating harmful viruses or malware.
5. Unique Approach Towards ERP
Enterprise Resource Planning or ERP has rapidly changed the surface of enterprise management till its first appearance. ERP tools are still relevant to the current requirements of enterprises but there is high time to reinvent them.
The chief aim of ERP is to create a unified system to store important data. Latest industrial IoT trends in manufacturing increase storage capabilities for manufacturers. Smart sensors can fetch data about different processes, facilities, or for any objective. Then, these sensors will directly transmit that data directly into the ERP system.
Hence, you spend less time on data collection and access a more refined and real-time process monitoring. Furthermore, the connectivity between ERP and IoT will allow clients to send direct requests to the machines, sparing the involvement of humans in the nearest future.
Wrapping Up
Integration of IoT tools can help manufacturing enterprises to reduce human involvement, automate production flows, increase safety and generate useful data that will represent the actual state of manufacturing units in real-time.
The above-mentioned IoT trends are going to take manufacturing enterprises to the next level. They will assist entrepreneurs in boosting overall productivity and client satisfaction ratio. As a result, manufacturing businesses will get a competitive edge to get better revenues in the long run.
Add Comment