Glossary

The IIoT (Industrial Internet of Things) refers to any type of shop floor equipment that is connected to the internet as well as sensor technologies that collect and share vast amounts of data in real time by network connection. Integrating Intelligent, context-aware software, based on the IIoT represents dramatic opportunities, as new sensor technologies collect vast amounts of data in real time, allowing for continuous data collection, exchange, and analysis and enabling manufacturers to create and execute improvements in production, such as high quality, quality control and cost reductions and waste, while achieving a competitive advantage.

IIoT vs IoT: IoT was created to make products smart, while the IIoT was derived from it and refers to the same concept only focused to enhance industrial processes, such as manufacturing, helping manufacturers gaining better visibility into their processes and supply chain, by being able to track, trace and control a diverse range of devices and processes.