The Internet of Things, along with the evolution of 5G and edge computing, is driving industrial innovation

Even though the number of connected IoT devices in the consumer space currently exceeds that of the industrial sector, investments in industrial IoT are experiencing strong growth, in terms of cross-industry solutions as well as devices designed to meet the needs. specific sectors.

TURIN, Italy, September 01, 2021– (COMMERCIAL THREAD) – Reply’s latest research “Industrial IoT: a reality check“explores two key areas driving the growth of IoT in the industrial market: the smart factory and smart transportation and logistics. By connecting machines and tools, industrial IoT (IIoT) enables manufacturing companies improve the visibility of their production in real time The huge amount of data generated by industrial IoT devices is the fuel to optimize production, improve delivery quality, introduce predictive maintenance, automate the supply chain and much more. Moreover.

“Without industrial IoT, Industry 4.0 cannot exist. Data is the fuel of all ‘smart’ use cases in the industrial world; industrial IoT is the crucial element that secures the infrastructure to collect data, send it to the cloud and manage post-analysis feedback, all within the framework of a virtuous circle of benefits for companies ”, explains Filippo Rizzante, Reply CTO.

Market growth

The research, carried out thanks to the data collected thanks to the use of the proprietary Trend Sonar platform and to the support of the Teknowlogy Group, also examines the main markets for smart factories and smart transport & logistics, grouped into two clusters: “Europe-5 “(Germany, Italy, France, Belgium and the Netherlands) and” Big-5 “(United States, China, India, Brazil and United Kingdom).

Despite the economic climate of 2020, both clusters saw weak growth in investment in smart factories, as well as in smart transport and logistics, while further and much more significant growth is expected from here. 2025. Overall, the smart factories market in the “Big 5 “cluster, led by the United States, is expected to exceed 86 billion euros by 2025, with significant investments in platforms, predictive solutions and remote monitoring. The smart transport and logistics market is expected to exceed € 15 billion. In the “Pole Europe-5 “, on the other hand, the smart factory market is expected to almost triple in all countries, reaching a total of more than 23 billion euros in the five countries in question, led by Germany. Platforms are expected to grow exponentially and companies will invest to better manage quality and reduce costs. Germany will also remain a leader in intelligent transport and logistics, but the other countries in the cluster will still experience significant growth. This cluster is expected to reach a total value of 3.6 billion euros in 2025.

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The driving force behind 5G and edge computing

The adoption of low-cost sensors and 5G networks, driven by significant investments by telecom operators, will further improve the diffusion of industrial IoT. For example, improved communication between autonomous vehicles / robots, artificial intelligence and machines, combined with increased computing power and very low latency, should improve not only the efficiency of factories, but also their safety. In addition, the possibility of creating high-density private networks will allow a wider deployment of industrial IoT, as well as the connection of a significant number of sensors, machines, vehicles and robots, complemented by a greater use of augmented and virtual reality to support “connected workers”.

Cybersecurity is a crucial factor

The constant growth of connected objects and their heterogeneity requires a daring management of the security of the installation and maintenance policy of equipment and networks. Based on its experience, Reply believes that organizations should adopt micro-segmented environments (on-premise and / or cloud-based), which are stable and ready to respond to traditional and new dangerous technologies and techniques, thereby reducing the probability that new types of attacks will be successful. Analyzing the IoT architecture, industrial components, and entire infrastructures will help organizations eliminate existing gaps, vulnerabilities and threats ahead of time. But it’s more than just a technological matter: training programs for employees, as well as the study and continuous testing of all devices used will also be crucial.

From factories to consumers

If, in recent years, industrial Internet of Things technologies have been adopted and used, above all, to improve the efficiency of factories and logistics centers, during the pandemic, new investments have been directed mainly towards the improved worker safety. However, the long-term trend should directly involve end consumers. The success of so-called “connected” products accelerates investments in solutions in which the collection and processing of usage data does not only concern production machines, but also the use of finished products. The overhaul of the design, production and distribution processes for IoT-connected products allows the creation of value-added services and facilitates the possibility of updating and remotely maintaining household appliances, cars, robots, etc. electronic and entertainment devices.

For more information on the “Industrial IoT: a reality checkThis new research is part of the Reply Market Research series, which includes “From the cloud to the periphery”, “New interfaces, zero interfaces” and “Beyond digital marketing“papers.

To respond

To respond [MTA, STAR: REY, ISIN: IT0005282865] specializes in the design and implementation of solutions based on new communication channels and digital media. Thanks to its network of highly specialized companies, Reply partners with large European companies in the telecommunications and media, industry and services, banking and insurance and public administration sectors, to design and develop business models built on the new paradigms of artificial intelligence, big data, cloud computing, digital media and the Internet of Things. Reply’s services include: consulting, systems integration and digital services. www.reply.com

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210901005080/en/

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