If your thermostat or refrigerator is connected to the Internet, then it is part of the consumer IoT. If your factory equipment have sensors connected to internet, then it is part of Industrial IoT(IIoT).
IoT has an impact on end consumers, while IIoT has an impact on industries like Manufacturing, Aviation, Utility, Agriculture, Oil & Gas, Transportation, Energy and Healthcare.
IoT refers to the use of "smart" objects, which are everyday things from cars and home appliances to athletic shoes and light switches that can connect to the Internet, transmitting and receiving data and connecting the physical world to the digital world.
IoT is mostly about human interaction with objects. Devices can alert users when certain events or situations occur or monitor activities:
- Google Nest sends an alert when temperature in the house dropped below 68 degrees
- Garage door sensors alert when open
- Turn up the heat and turn on the driveway lights a half hour before you arrive at your home
- Meeting room that turns off lights when no one is using it
- A/C switch off when windows are open
- Drones to monitor oil pipelines
- Sensors to monitor Chemical factories, drilling equipment, excavators, earth movers
- Tractors and sprayers in agriculture
- Smart cities might be a mix of commercial and IIoT.
IoT is important but not critical while IIoT failure often results in life-threatening or other emergency situations.
IIoT provides an unprecedented level of visibility throughout the supply chain. Individual items, cases, pallets, containers and vehicles can be equipped with auto identification tags and tied to GPS-enabled connections to continuously update location and movement.
IoT generates medium or high volume of data while IIoT generates very huge amounts of data (A single turbine compressor blade can generate more than 500GB of data per day) so includes Big Data,Cloud computing, machine learning as necessary computing requirements.