The Industrial Internet of Things (IIoT) is an index of billions of industrial devices-anything from machines in factories to engines on airplanes-full of sensors, connecting to wireless networks, and collecting and sharing data. The emergence of tiny low-cost sensors and high-bandwidth wireless networks now means that even the smallest devices can be connected, as long as they have a certain level of digital intelligence, they can be monitored and tracked, and their status data can be shared and shared with others. All this data can be collected and analysed to improve the efficiency of business processes. As one of the top Industrial IoT companies, we help industrial manufacturers IoTify their equipment quickly and efficiency with our industrial IoT platforms and industrial internet of things solutions.

The idea of using sensors to track goods or monitor machinery is not particularly new in itself. The difference of IIoT is that it is now possible to adopt IIoT on a large scale due to the low price of sensors, popular wireless network options, emergence of big data analysis and IoT manufacturers as well as industrial IoT consulting providers. But for most companies, it is still early days for IoT development or using Industrial IoT services. Some of the technologies involved are too expensive or complex to be adopted on a large scale, while others (such as 5G networks) are not yet ready.

Both IoT and IIoT connect physical objects to collect data. However, the Internet of Things (IoT) refers to connected consumer devices. These IoT devices include phones, fitness trackers, and even certain smart appliances. On the contrary, IIoT focuses on industrial applications. Connected machines and systems can provide large amounts of data. The goal is to improve business results. IIoT technology improves connectivity and efficiency and saves time as well as cost. These can include sensors or smart machines for data analysis.

Several factors affect your development budget:

• Number of IoT app features and key parameters required
• Device types on which it should work – web/mobile (iOS / Android)
• UI requirements (number of screens, style guide, dashboards, modules, etc.)
• IoT UX and IoT features’ complexity
• App security level requirement
• Operating system and API integrations
• User access and custom reports requirement
• Cloud Robotics being one of the leading IoT solution providers, accounts for all of the above while ensuring we deliver maximum value to our customers basis their specific requirements.