Industrial Application
Connected manufacturing .
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The 4th Industrial Revolution.

IoT creates creates value in operations optimization,making the various processes within the factory more efficient. This includes using sensors, rather than human judgment, to adjust the performance of machinery.This is done by remotely tracking, monitoring, and adjusting machinery, based on sensor data from different parts of the plant.
Operations optimization
With IoT, manufacturers can gain a comprehensive view of what is going on at every point in the production process and can make real-time adjustments to maintain an uninterrupted flow of finished goods and avoid defects. This having the ability to view how the end-toend process is running and address bottlenecks in real time. It also reduces the possibility of human error.
Predictive maintenance
With sensors and connectivity, it is possible to monitor production equipment in real time, which enables new approaches to maintenance that can be far more cost-effective, improving both capacity utilization and factory productivity by avoiding breakdowns.
Inventory optimization
Inventory ties up capital, and holding too much reduces margins, while holding too little disrupts production. Using weight or height detection sensors, it is possible to set up condition-based automatic reordering routines that are far more precise than current rules-based systems, which estimate when replenishment is needed, rather than relying on actual data.
Augmented-reality devices
In a manufacturing environment, a maintenance mechanic could receive diagnostic data through her augmented-reality glasses, call on an expert system to help her quickly diagnose problems, and get to work on the needed repair. Observing her work, the goggles would make sure she executes the repair properly—alerting her if she leaves out a screw.
Organizational performance management.

A set of IoT applications can raise productivity in factory settings by using sensor data to redesign jobs and tasks. Equipping workers with badges and tags, companies can track activity and interactions to better understand how each function works.IoT-based inventory optimization can also reduce inventory costs in hospitals.

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Factory Automation.

Introducing IoT into the factory environment in many cases will not require wholesale replacement of production equipment since many machines already in use have sensors or can be retrofitted with the needed electronics. This is in sharp contrast to earlier industrial waves, such as the introduction of steam, which required replacing more than 80 percent of installed production machinery.