The first two articles in this series aimed to demystify two terms that we’re hearing a lot these days: Big data and advanced analytics. In this final article, my goal is to explain a term that is less commonly heard, but equally relevant to the biorefining sector: The Industrial Internet of Things (IIoT). Before getting to grips with IIoT, let’s cover the Internet of Things (IoT). Sometimes described as ‘machine to machine communication’, IoT is essentially about data transfer. It describes the ability of machines (things) to connect via the internet. This connection allows them to gather and exchange data in such a way that the machines themselves can make data-based decisions.
Big data, analytics, the Internet of Things… These are terms we’re all hearing a lot these days, and they signal big changes on the horizon, especially for those of us involved in the ethanol industry. And with all the talk about how the Internet of Things will power the next industrial revolution, or how big data will change manufacturing, some of us in the industry may feel that we’re not ready for these changes.