Call for Proposal for TIH-IoT Technology Development Program 2022 (2) | Applications invited for “Aarohan” – TIH-IoT Seed Support Program 2022 | Applications invited for TIH-IoT CHANAKYA Fellowship Program 2022-2023 (3) | Results of TIH-IoT Entrepreneur in Residence (EIR) Program | Shortlisted Startups/Projects for AYANSH TIH-IoT Start-Ups and Spin-Offs Program 2022

Technology Verticals

IoT in Industrial

IIoT has immense scope and potential in commerce and industry. It can be seamlessly integrated in existing processes to increase efficiency and output by multifold and can also be used to create and design newer and better processes. IoE also has the ability to reduce bottlenecks and reduce errors in output. Industry 4.0, combines IIoT and smart manufacturing. It fuses physical operations with digital technology, big data, and machine learning to set new benchmarks in manufacturing and supply chain management.

The major objectives of IIoT is to:

  • Efficient supply chain management and optimization
  • Predictive maintenance and analytics
  • Increased production through planned capacity building
  • Asset utilization and optimizing
  • Intelligent monitoring applications for production floor shops and machine health

Harnessing Big Data, organizations can remotely monitor all strategic and tactical assets, and through Industry 4.0 and IoT, enable value addition.  Production processes can be optimized, and downtime can be reduced. IoT enables automation with machines making critical decisions based on real-time data.