What is Industry 4.0 and Industrial IoT? Industry 4.0, Industrial IoT, and Industrial Internet are used interchangeably when talking about the new era of manufacturing. A digital ecosystem of connected machines, equipment and devices that communicate with one another, this cyber physical system with machine-to-machine (M2M) communication monitors and evaluates the physical processes in a manufacturing facility to ultimately make decentralized decisions. An evolution from Automation & Robotics, Industry 4.0 is the combination of computers and machine learning algorithms that gives equipment the ability to adjust and control processes based on data it collects. This is all done with very little human intervention.
Industrial Internet of Things (IIoT) is already revolutionizing domains such as manufacturing, automobiles and healthcare. But the real value of IIoT will be realized only when Machine Learning (ML) is applied to the sensor data. This article attempts to highlight how ML augments IIoT solutions by bringing intelligent insights. Cloud computing has been the biggest enabler of connected devices and enterprise IoT. Cheaper storage combined with ample computing power is the key driver behind the rise of IIoT.