|The Industrial Internet of Things (IIoT) integrates “smart” equipment, advanced analytics, and people to provide the interconnected manufacturing and supply chain infrastructure to enable manufacturers to lower cost, accelerate and compress production processes and cycle times while all the time improving product quality. From a market perspective, the IIoT market is encompassing, inclusive of components, devices, technologies and software. The electronics industry is in a unique position in that it manufactures diverse products for implementing IIoT, producing the sensors, robotics, cobotics and cyber-physical systems that enable digital transformation in the manufacturing sectors for industries, while at the same time leveraging the IIoT infrastructure to improve quality, safety, and productivity in manufacturing plants and along the supply chain.
The IIoT Product Emulator Group (PEG) chapter discusses key aspects of the IIoT infrastructure, a network connected by communications technologies that results in systems that can monitor, collect, exchange, analyze, and deliver valuable new actionable insights. The IIoT chapter discusses market predictions around IIoT, details the technological advancements needed and the challenges that must be overcome in the electronics manufacturing industry to fully realize the benefits, plus it offers recommendations for a successful conversion to Industry 4.0. In particular, the many potential benefits of leveraging data in real time along the supply chain and throughout the manufacturing process are discussed, together with the key gaps that need to be addressed by the industry, including security issues and the lack of standards to help drive the execution of the digital strategy.