3 minute read
Empowering a smarter future with IOT
By Norman Ballard, Senquip
By 2030, 25 billion IoT devices worldwide1 will deliver trillions of data points, powering Industry 4.0 and the associated productivity, efficiency and profitability gains. Yet, processing and storing trillions of data points is not efficient.
The next generation of IoT devices deliver insights, not data points. Report by Exception (RBE) in IoT is gaining traction; a smart IoT device can adapt to the application, process data locally, execute local control and report insights. Through adaption, the IoT device collects sets of measurements to gain insights. When measuring asset utilisation, simply monitoring a data point like running status may create 1,000 reports a day. With insights, however, the device also collects data on speed, temperature, vibration and acceleration. Then, thanks to edge processing, it can send fewer messages summarising work/idle/downtime and predictive maintenance/failure alerts.
Similarly, local control proves useful in an IoT device. In a vacuum sewer site for instance, an IoT sensor monitors level, pressure and valve status, whilst an intelligent IoT device reports abnormal situation insights like stuck valves, and can control the valve itself. Other RBE benefits include lower data costs, less bandwidth and longer battery life. Combining insights on your server reveals early failures undetectable by humans so ensure you own your IoT data, and it is delivered to your server economically. To be ready, select IoT devices that adapt to your application, control and process data locally, and send insights to your server. Senquip’s programmable IoT telemetry devices connect to industrial sensors and send processed data to your server.
1 Source: https://www.statista.com/statistics/1183457/iot-connected-devices-worldwide/
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