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2018 IIoT Predictions Shaping the Facilities of the Future

The Internet of Things (IoT) is being deployed by facilities across the world, who are using connected devices to improve the operation of their equipment and prevent catastrophic losses. In fact, 64 percent of manufacturers believe their facilities will be fully connected by the IIoT by 2022.

As IIoT adoption continues to grow, facilities who embrace the IIoT will improve equipment reliability, reduce machine downtime from catastrophic failures and optimize energy usage. The IoT is expected to create a new surge of factory productivity, creating value up to $3.7 trillion.

Below are three 2018 trends for facility operations from Saar Yoskovitz, CEO of Augury, an industrial IoT company that enables organizations to assess the health of machines. Saar is a seasoned expert in IIoT and with Augury’s technology is bringing its proprietary algorithms, smart sensing device and mobile diagnostics tool to companies like Grundfos, Trane and Johnson Controls connect their mechanical equipment to the IIoT.

  1. Facilities and factories will need to embrace the implementation of fog and cloud
    • The future of the IIoT is a combination between cloud and fog computing: a hybrid solution where some computing happens on the edge—devices in the field—and some on the cloud. Sensors and machines will collect data, and continuous monitoring dashboards will monitor system health, analyze options for improvement and even predict what might happen next. Fog and cloud computing will work together seamlessly—but only if many of the on-premise tools today are moved to the cloud.
  2. The connected industry will bring a changed awareness around security and risk
    • IIoT doesn’t necessarily present more risk. Rather, it presents a different kind of risk. Businesses need to understand that sensors and machine-to-machine communications are also stored on the cloud. Facilities implementing devices connected to the IIoT need to think about communication and the security protocols between devices: sensor-to-sensor communication, sensor-to-gateway communication, and updating and maintaining all on-premise equipment to better secure their data.
  3. Facilities will make more “smart” decisions
    • In 2018, we will see more "smart" decisions taking place, as more facilities begin to implement the necessary elements of connectivity. First, facilities will adopt more SaaS technologies and solutions in order to begin this process. Facilities will then leverage computers and mobile phones for machine-to-machine communication via sensors to remotely run a critical facility.

Contact FacilitiesNet Editorial Staff »   posted on: 10/27/2017

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