With the rapid increase in the industrial acceptance of technology, the number of connected IoT devices is projected to increase to US$ 43 billion (€37.64 billion) by 2023. It is thus accounted as an approx. A threefold increase from 2018, marking a huge improvement in the coming years ahead. Such a level-up mainly results in developing better solutions that solve both major and minor issues of the businesses.
Also, IoT-powered solutions are easy to implement and flexible enough to adjust industrial requirements. Main applications like real-time monitoring, advanced analytics, and predictive maintenance complete the IoT functioning, accepting a data-driven approach, says Sanjeev Verma, chief executive officer of Biz4Intellia.
This data then transmits to a much-secured cloud platform, where processing takes place to present the insights and meet industrial expectations in terms of growth and profitability. But how does it happen, Are Cloud computing and IoT interrelated, What are the key industrial challenges that require the technological duo to come to the rescue, Let’s find out.
Industrial challenges
IIoT enables smart factories and their manufacturing by implementing sensors and advanced gateway connectivity. It automates the entire plant process with the help of data-driven approaches, where the managers have easy access to huge data to make effective decisions. Moreover, the industry’s technology-based solutions are resolving traditional issues like technical errors, incomplete reports, unplanned machine downtimes, water leakages, excess energy consumption, and reckless resource utilisation.
The Internet of Things technology uses the capabilities of cloud computing, which draws relevant data and shares it with connected devices to improve business productivity. Moreover, it enables insightful improvisation in the loophole areas, where the managers remain alert, leaving no chance of careless errors. Here is a brief introduction to IoT and Cloud computing as the most effective technical duo for the industries.
IoT and cloud computing
How often it seems easier to set up and manage smart devices through cloud computing.
Connecting a device and sending the data on the cloud with the help of a few apps on your device is becoming the trend in today’s time. Many industries accept the cumulation of IoT and cloud computing to install the advanced versions of the entire system and enhance their brand presence. IoT provides accurate data extraction, and cloud computing offers a safe platform to store that data for easy and quick access.
IoT cloud computing is a combined concept that provides multiple connectivity options and large network access, which is why almost 96% of the firms have adopted the cloud as their go-to platform in one or the other ways. Also, the emergence of happening services like Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and IBM Cloud is increasing the growth prospects of IoT in numerous ways.
Cloud computing collaborates with IoT technology to provide effective data storage to industrialists. It is a centralised server consisting of useful resources for easy data access from anywhere and anytime. Cloud computing is an easy method to store large data packages generated by IoT technology through the internet. Also, cloud computing and IoT complement each other while providing better and more advanced services. Implementing the combination of the two enables the industries to work better and be more responsive towards completing the deliveries on time.
Benefits of IoT technology and cloud computing in industries
With IoT being a data-driven technology, including cloud computing for effective data management becomes essential. Cloud-based solutions have proven to be effective in the longer period. Still, they provide improved security, data mobility, data recovery solutions, little to negligible maintenance, easy access, and many more. Comparatively, IoT-based cloud services are pocket-friendly, avoiding unnecessary maintenance costs. Here are the major benefits you should consider while opting for smart IoT-based solutions.
Scalability
Cloud computing is an essential part of IoT’s most advancing and state-of-the-art concept. It is transforming how most businesses access and store their data and improving their operability through its scalable feature. In cases when complex industrial processes demand more resources, IoT system with cloud computing offers enough scalability for the processes to run properly.
Security
Data security is one of the major concerns of all kinds of industries that whether or not their data will be safe. The implementation of IoT technology creates a reliable network that processes through a cloud platform and ensures that the data is kept safe. Moreover, the IoT-powered solution is specially programmed to understand the business requirements, including the operability of sensitive data.
Data mobility
With the help of IoT-based cloud solutions, it becomes a lot easier to access the data from anywhere and at any time. The cloud server plays a crucial role in processing and storing the data, always ready for access. Data mobility is especially important during real-time IoT projects that require instant monitoring and connectivity of connected devices. This requires a well-structured system that automatically manages the data.
Quick data recovery
There is a huge collection of data in sectors like oil and gas, transportation, chemical, water, manufacturing, etc. This data requires proper handling and accessibility for management. While handling this huge data, there are chances that servers might face technical glitches, or hard drives might cause trouble with the loading part. When combined, IoT and cloud computing concepts make it easier to recover the data.
Thus, IoT and cloud computing are making the industries advanced and more focused on rendering effective services. Furthermore, the technological combination of the two provides customer satisfaction through data-driven approaches and efficient data storage where security is the primary concern, which directs towards better progress of the industries.
The author is Sanjeev Verma, chief executive officer of Biz4Intellia.
About the author
Sanjeev is chief executive officer (CEO) of Biz4Intellia, responsible for leading Biz4Intellia’s global business strategy and operations. He also serves on Biz4Intellia’s board of directors. Sanjeev brings over 20 years of experience in the Software and IT industries including a long track record of building successful Organisations across world. At Biz4Intellia, he is focused on building a fast growing, market-driven company that delivers one of the best IoT product in the world.
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