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Internet of Things

REPLY MARKET RESEARCH HUB

INDUSTRIAL IOT:
A REALITY CHECK

Reply explores two key areas that are pushing the growth of IoT within industry: smart factories and smart transport & logistics.

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THE GROWTH OF INDUSTRIAL IOT

Along with the ubiquitous role of cloud computing as the new standard for software and services, IoT is today’s other leading technology, completing cloud with new hardware flocking onto both consumer and industrial markets. Looking at the platforms that are pushing the growth of the IoT market, the use of IoT in manufacturing is the most relevant segment.

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Investments in smart factories and transport & logistics will grow significantly in the next 5 years

Since the start of the Covid-19 pandemic, many industries have increased their investment in IoT technologies as they discovered how it could help them overcome challenges. During the Covid-19 pandemic peaks in 2020, investment in IoT technologies suffered less than other market segments. As we move into recovery, IoT looks set to play a crucial role, helping both businesses and governments achieve their aims, with a significant further growth in investment predicted by 2025.

China and the USA will be the two leaders for smart factory in the Big-5 cluster, with the platforms area growing fastest and high investment in predictive solutions and remote monitoring. Within smart transport & logistics, Brazil has lost most ground during the pandemic but is now recovering and the highest growth is expected in India.

Evolution of Investments

Smart Factories
2025 VS 2020
Smart Transport
& Logistics
2025 VS 2020

Source: PAC (teknowlogy Group) for Reply, 2021

Evolution of Investments

Smart Factories
2025 VS 2020
Smart Transport
& Logistics
2025 VS 2020

Focusing on the Europe-5 cluster, the smart factory market will grow almost 3x in all nations, despite a skills shortage. Platforms will grow more than anything else, with companies investing to improve quality management and reduce costs. Looking at smart transport & logistics in the Europe-5 cluster, Germany will remain the leader but the other nations will still see significant growth.

Source: PAC (teknowlogy Group) for Reply, 2021

Industrial players can get several benefits from adopting IoT as innovation driver

Increasing the productivity of factories and the quality of delivery

Real-time visibility of production data is enabling companies operating in different manufacturing fields to get the more effective use of resources, improving line efficiency.

An area of improvement enabled by Industrial IoT and edge computing is additive manufacturing: products can be created by adding materials layer-by-layer, on-demand, and customized based on the real-time needs of the line.

Improving the predictive and conditioned maintenance of equipment

Actions like monitoring environmental/process control parameters (e.g., temperature, pressure) or controlling the efficiency of single devices (e.g., valves, conveyer belts, pumps) are now made significantly easier by Industrial IoT, 24x7.

Predictive maintenance could reduce machine downtimes by up to one third, at the same time extending the equipment’s lifetime.

Automating and improving supply chains and logistics

Industrial IoT-enabled solutions provide reliable solutions to manage asset tracking, inventory management/control, scheduling and ordering of supplies.

Smart shelves, robots, drones, and cobots are becoming the protagonists of inventories: warehouse management systems now dialogue with them automating the process of stock checking without the need to stop production.

Launching new business models based on connected products

The general evolution of the IoT market indicates that one of the most promising areas of innovation to show the value of Industrial IoT is that of connected products.

In fact, in the mid-term, the majority of products (both B2B and B2C) will be natively open to connection, giving to companies that are usually intermediated by retailers the opportunity to invest in ‘direct to consumer’ business models.

Industrial IoT has a bright future

‘IoT’ has become a comprehensive label that includes all internet-connected physical objects able to collect and exchange data with systems, other devices, robots and humans too. In industrial/manufacturing contexts, the Internet of Things has become the backbone of Industrie 4.0 strategies. Comfortable devices are allowing mixed reality and 3D technologies to be bought by managers and adopted by workers. In fact, the new generation of mobile robotics is made of IoT-based devices too.

Edge computing and 5G

Edge/cloud-powered architectures and 5G networks, increasingly getting available across territories, are enabling an astonishing growth of connected devices. Data are of course the fuel for all ‘smart’ use cases in the industrial world.

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AR, VR and data-driven design

Digital twins are affirming themselves as the most promising technology in the quality assurance field. They are usually avatars of existing physical objects, often realized with Extended Reality technologies.

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Robots and drones

Robotics is supporting some of the more innovative use cases in both manufacturing and logistics, thanks to the progress in artificial intelligence leading to a surge of autonomous mobile robots like drones, wheeled or legged robots.

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Industrial Cybersecurity

IIoT interconnectivity is an opportunity for business improvement, but it is also a cyber-risk shaped by the varied typology of OT and IOT objects and protocols. Cybersecurity for IoT is an enormous market that is estimated will grow up to 25 billion Euros in the next five years.

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REPLY’S SOLUTIONS AND SUCCESS STORIES

Industrial IoT value scaling accelerator

AXULUS is Reply’s accelerator for the (IIoT: as an integrated tool chain it provides a step-by-step methodology to identify use case ideas, configure solutions and roll them out with scalable implementation workflows.

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Asset monitoring and predictive IoT solution

Equipment intelligence from the edge to the Cloud with Reply's Asset Monitoring and Predictive IoT solution.

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Connectivity platform for fleet management

Connected objects are not enough to create added value: harnessing the full potential of the latest IoT and Connectivity technologies means to aggregate data from different sources, both internal and external, and effectively manage information.

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IoT energy management system

Reply's IoT end-to-end solutions for Energy&Utilities, Telecommunications and Smart Cities: IT architecture and IoT platforms, sensors, gateways and communication networks.

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Manufacturing operations management system

Brick Reply™, designed as a set of independent micro-services, represents a comprehensive MOM (Manufacturing Operations Management) System in the smart factory application landscape.

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Factory control tower

Reply’s Factory Control Tower enables manufacturers to bring the power of the internet of things (IoT) to their production room floors.

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GKN: an edge gateway for additive manufacturing

Reply is working on a digital twin that will provide interfaces capable of ‘communicating’ with all phases of a production process and pave the way for an effective industrial automation system.

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Warehouse management with drones

Reply is working on solutions for using drones in warehouse operations. Our main interest is in coordinating drones for their effective use in logistics.

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VERTIV: manufacturing transformation through digital twin

The extended reality model implemented by Reply leads Vertiv towards Industry 4.0 in key EMEA Locations

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CONNECTED PRODUCTS: ADDED VALUE FOR BUSINESSES AND CUSTOMERS

Lavazza launches “A Modo Mio Voicy”, a new line of connected coffee machines, thanks to the IoT platform created in collaboration with Cluster Reply.

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Connected products and services will support both our personal and professional lives

An astonishing growth of connected devices will be achieved thanks to new use cases enabled by 5G networks and edge/cloud-powered architectures, creating a global total spend on IoT that could grow up to 1,200 billion Euros in the next five years.

IoT based approach for supply chains

Adopting an IoT-based approach throughout supply chains is significantly changing business models, enabling new products and services and boosting investment in Industrial IoT.

Analysis of data through IoT

Besides benefits for end-users, real-time monitoring and analysis of data through IoT will deliver several benefits to organisations, leading to potential cost cuts and increased profits.

A world of connected products

Traditional barriers among IT managers, OT managers and business experts will be broken to allow the company to figure how to position itself in a world of connected products.

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