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Smart Connectivity, Smarter World

The Internet of Things (IoT) is the interconnected network of physical devices embedded with sensors, software, and other technologies that enable them to exchange data and communicate with other devices and systems over the internet. IoT allows objects to collect and exchange data, rendering them intelligent and capable of interacting autonomously with their surroundings.

Taking Industry 4.0 to the Edge – the smart move for manufacturing

Industry 4.0 refers to a new phase in the Industrial Revolution that focuses heavily on interconnectivity, automation, machine learning, and real-time data. Industry 4.0, which encompasses IIoT and smart manufacturing, marries physical production and operations with smart digital technology, machine learning, and big data to create a more holistic and better connected ecosystem for companies that focus on manufacturing and supply chain management. While every company and organization operating today is different, they all face a common challenge—the need for connectedness and access to real-time insights across processes, partners, products, and people.

From Connection to Benefit

In a nutshell, the Internet of Things, or IoT, is a system of “interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.”

A “Thing” in the Internet of Things could be anything from a person with a heart monitor implant, a car with built-in sensors, or a Bluetooth-enabled device — essentially any natural or man-made object that can be assigned an Internet Protocol (IP) address and is able to transfer data over a network.

"The Internet of Things will allow our world to increasingly shape itself to our needs and our wants, creating a better experience.
IoT is about connecting stuff so that it just works better. As if by magic, IoT has the power to make our lives safer, more connected, more productive, and just better in general."

The industrial IoT market (IIoT) is predicted to reach $1.11 Trillion USD by 2027, as the industry undergoes an IoT revolution. This research, conducted by mobile satellite communications company Inmarsat, found 65% of mining organizations have fully deployed at least one IoT-enabled project at their sites, while 33% of respondents said they are trialing the technology. The research found that 69% of surveyed companies were planning to begin IoT projects within the next two years.