The Internet of Things (IoT) is regarded as one of the pillars of Industry 4.0 that is known as a revolution of the industry based on integration of digital, physical, and biological technologies. Although the so-called Fourth Industrial Revolution is under development in Brazil, this concept has a great potential for a substantial increase of competitiveness with major savings in all market sectors.
The term “Internet of Things” describes the scenario in which numerous everyday objects are connected to the Internet and communicate to each other. This interconnection is created through cyber-physical systems with the capacity to collect real- time information providing response actions as required.
Since 2017 there were more objects connected to the internet than the 7 billion world´s total population. Gartner research and advisory company estimates that by 2020 there will be more than 26 billion connected devices, with a prediction that approximately 50 billion things will be connected to the Internet. In addition to the increasing domestic demands, the industry itself can benefit from the IoT to improve production processes.
Implementing its concept into the factories, the Industrial Internet of Things (IIoT) actually leverages technology benefits for improved efficiency on production processes. IoT allows real-time measurement of machine productivity and for example it indicates which sectors of the plant requires more equipment and supplies. Another advantage of IoT is downtime reduction with predictive analysis.
Devices such as WEG Motor Scan can identify the need for adjustments in advance and help correct them before the production stops, without affecting deadlines and results. Additionally, based on historical data, it is possible to identify the probability of future results, directly contributing for assertive decision making.
Information that was previously generated but not processed will generate benefits upon connectivity of the Internet of Things. Data will be automatically and precisely stored and analyzed, changing from simple objects into instruments for higher efficiency and new functionalities on industries and on day-to-day life.