Edge Iot

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Edge Iot
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• Industrial IoT (IIoT) is the use of
  Internet-of-Things technologies in industrial
  applications, such as manufacturing. The
  connection of devices and sensors to a network
  allows them to operate autonomously, sense their
  environment, and exchange data with other
  systems.

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• The Industrial IoT (IIoT) market is expected to
  grow from USD 2.96 Billion in 2015 to USD 7.80
  Billion by 2020, at a CAGR of 23.8 between 2016
  and 2020.
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• The major driving factors for the growth of the
  Industrial IoT market include rapid technological
  advancements, increasing adoption of IIoT
  solutions across various industries, growing need
  for efficiency improvement, and increasing demand
  for improved asset management systems.

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• The major application areas for Industrial IoT
  include manufacturing process control, energy
  management, building automation asset
  management, transportation logistics management
  and healthcare management.

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• The Industrial Internet of Things (IIoT) is a
  network of physical objects that are embedded
  with sensors and software. The IIoT can be used
  to monitor, analyze and optimize the performance
  of these objects.

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• The IIoT is a subset of the Internet of Things
  (IoT). The IoT refers to all devices connected
  through networks. In contrast, the industrial IoT
  focuses on machine-to-machine (M2M) communication
  between machines within an industrial setting.

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• The term "Industrial Internet" was first used in
  2011 by GE CEO Jeff Immelt as a way of describing
  the company's strategy for connecting its
  products and services across multiple industries.

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• Industrial IoT (IIoT) is the application of
  Internet-of-Things technology to industrial
  processes, such as manufacturing, logistics and
  supply chain management.

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• Industrial IoT devices monitor physical objects
  and activities within an enterprise, providing
  real-time data to help companies make better
  decisions. IIoT systems can also alert users to
  problems before they occur, helping companies
  save money and improve productivity.