Industrial IoT: Be at the Forefront of the Industry 4.0 Revolution

From air compressor and power tools suppliers to washing machine and battery manufacturers, industrial companies across a range of sectors are leveraging IIoT solutions to monitor and track their assets, transform their business models, and build lasting relationships with customers.

IIoT Use Cases

Fixed Industrial Asset Monitoring

Manufacturers of fixed industrial assets – such as air cleaners, water purifiers and air compressors. Equipment manufacturers - are using the IoT to unlock new efficiencies. Secure and reliable wireless connectivity can provide real-time operating parameters, equipment status and other data points to offer better services, enable predictive maintenance and support new business models.

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Mobile Industrial Asset Tracking

Companies manufacturing mobile industrial assets – such as mobile air compressors – are leveraging the Industrial IoT to track the location of these assets as they move between different locations. Given their small form factor, these assets, which are typically inexpensive, do not have enough computing capacity and “smarts” built into them; their use case requires low power devices which can perform basic functions yet effectively deliver data to the cloud.

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Unlock Machine Data to Digitally Transform Your Business

The Industrial IoT (IIoT) is enabling a widening array of IIoT use cases and unlocking new benefits. From remote monitoring and tracking to predictive maintenance and “as a service” business models, the IIoT offers value propositions to differentiate your products, services and improve your business outcomes. Here’s how these benefits are driving industry shifts:

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Remotely Track and Monitor Assets

Real-time monitoring and tracking capabilities enable you to be more responsive. Regular notifications and event alerts always keep you in the loop on your assets’ operating status, location, energy consumption and a range of other types of machine data.

Transform Your Business Model

The ability to remotely monitor your assets unlocks new business models and opens up new opportunities to make your pricing more competitive. Lease your assets to your customers and charge them under a usage-based model, with premium tiers and other value-added services.

Enable Predictive Maintenance

Turn your preventative maintenance service into predictive maintenance. Remotely monitoring your assets and performing analytics on machine data put you in a position to accurately predict when and which parts need to be serviced. Do away with scheduled visits and dispatch personnel on an as-needed-basis.

Global communication network concept. Digital transformation.

Unlock Valuable Insights with Data Analytics

Once you unlock data from your assets and send it to the cloud, you can perform analytics and machine learning on it. Identify trends, uncover customer insights, and make data-driven decisions on your products and services.

OT-IT Convergence: Give Your IIoT Application an Intelligent “Edge”

One of the biggest constraints in any IIoT project is the lack of interoperability between Operational Technology (OT) and Information Technology (IT).

With considerable compute, processing and connectivity capabilities, the intelligent edge forms a critical link between OT and IT systems. By virtue of being deployed closer to where industrial assets operate, the edge offers opportunities to eliminate latency, reduce connectivity costs and bring computing power closer to industrial assets.

Don’t be Stuck at the Proof of Concept (POC) Stage

According to IoT Now, 75% of Industrial IoT (IIoT) projects fail at the pilot stage. There are a range of factors to blame: the lack of interoperability between hardware and software; the complexities involved in building an IIoT infrastructure from scratch; operational difficulties associated with managing relationships with multiple vendors and carriers.

New technologies enable you to abstract away the complexity of IIoT transformation, scale and bring your IIoT application to a global market at a fraction of the time.

Simplify and Scale Your Industrial IoT Transformation

Whether you want an all-in-one Industrial IoT solution or build your own solution, Sierra Wireless offers a range of choices to bring your Industrial IoT application to market.

Whether you want to build connectivity into new products or retrofit your existing base of industrial assets with connectivity, Sierra Wireless offers a range of solutions designed to support various layers of your IIoT stack.

If you are looking to retrofit your existing products with connectivity, you should consider:

> Out-of-the-Box Networking Solutions

> Smart Connectivity

If you are looking to embed connectivity into your product design, you should consider:

> Ready-to-Connect

> Embedded Solutions

> Smart Connectivity

> Out-of-the-Box Networking Solutions

Use Sierra Wireless Octave™, the all-in-one edge-to-cloud solution, to connect your industrial assets to the cloud. Octave integrates all the components of your Industrial IoT infrastructure into one solution so you no longer have to build your IIoT application from scratch.

> Check out Octave

Maximize the ROI of Your Industrial IoT Project

Forrester Research conducted a cost-benefit analysis of IIoT projects undertaken by two industrial companies; in the course of its analysis, it found that these companies stood to gain an 88% ROI on their IIoT project on average and were able to accelerate their IIoT application’s time-to-market by 9 months. Both these companies utilized a similar approach to building and scaling their IIoT applications. You can read Forrester’s case study to learn more about this radical new approach that is rewriting the IIoT playbook.

Industrial IoT: Be at the Forefront of the Industry 4.0 Revolution