 Dr. Gannapai Waliker works in the Department of Computer Science and Engineering, Walsh and Institute of Technology, S.O.L.A.P. Today, I am going to give lecture on industrial IoT. As part of learning outcome, at the end of this session, the students will be able to understand the concept of industrial IoT and its importance. Before discussing the importance of industrial IoT and its core components, let us discuss the introductory part of industrial IoT. In the last videos, we have discussed about basic IoT and its capabilities. When basic IoT capabilities are implemented in the industrial and manufacturing space, then basic IoT will become industrial IoT. The industrial IoT is a combination of different technologies like machine learning, big data, sensor data, M-to-M communication and automation. If we all together, then we will think of industrial IoT. That will discuss the difference between industrial IoT and basic IoT. The basic IoT focuses on consumer devices like smartphones and smart appliances. But the industrial IoT connects the machines and devices in industries. Hence it makes devices and machines in industry-automated entities. Compared to IoT, the system failures and downtime in industrial IoT can result in life-threatening or high-risk situations. Hence the maintenance cost incurs in industrial IoT compared to the basic IoT. Let us discuss how the basic industrial IoT expands to an industrial space. In industrial IoT, the sensors and machines are implemented or placed at a particular place. Then these machines and sensors are continuously essence the operations of tools or working of tools or machines in an industry. Then the information of these operating tools will send to the processing unit. The processing unit processes the information sensed by the sensor about the working of machines. Then that data will be utilized by the user. Then you will apply a basic concept in order to gather the information or extract the knowledge. So before extracting the knowledge, you will analyze the data in a different view and finally you will extract the knowledge. So that base and that knowledge, so you can monitor this operating of the tools or machines in an industry. So likewise, the basic IoT will expand to the industrial IoT. So now we will discuss IoT industries. Women IoT is characterized as having women interaction and low failure impact. But when the industrial IoT is we as an IoT that is industrial IoT, so then it is characterized as operating without direct to men interaction and oversight. The primary devices that work with one another without men interaction are more robust control failure modes. That's why the IoT, industrial IoT becomes more important than a basic IoT. So due to awareness and desire to be connected and have a smart and intelligent systems in India, the industries are expected to grow at an exponential pace in a decade. As per joint report by internet and mobile association of India that is R-A-M-A-R, industrial IoT is expected to surpass the consumer IoT space in India by 2030. Manufacturers estimates that the industrial internet of things that is IoT could add the 14.2 trillion dollar to the global economy by 2030. By 2025, the industry 4.0 could generate the manufacturers and suppliers and estimated a 3.7 trillion dollar in value creation potential. Today, so however, a mere 30% of manufacturers are already realizing a value from their investments. For most, the race to the digitization has just begun. The global industrial IoT market was valued at 313.27 billion US dollar in 2019 and it is expected to reach a value of 607.73 billion US dollar by 2025. So now we will discuss about the key global developments in IoT space. IoT enables the rapid product application development and operation as well as the collection, analysis and sharing of the potentially large amount of data across a different area. Building and supporting the technology stack requires a substantial investment and a range of new skills including software development, systems engineering, data analytics and online security expertise. This innovation and affordability of sensors, increasing adoption of smartphones, affordable bandwidth, chip processing, ubiquitous wireless coverage, big data analytics and cloud computing are some of the key dynamics that are driving the readiness for IoT. So now we will discuss the benefits of industrial IoT and these are the some of the benefits I have listed here. Applications of adopting a fully connected IoT manufacturing operation or the increasing efficiency, the reduced errors, predictive maintenance, improved safety, reduced cost. So now we will move to the applications of industrial IoT and because of remote operation and because of advance in the technologies, the machines are tools are working together or they are automated in nature. So that is why the industrial automation is the best example or the best advantages and connected factories, the predictive maintenance, the integration of smart tools, wearables, the smart logistics management, software integration for product optimization. These are the some of the basic advantages of industrial IoT or the industrial IoT being used in a different applications. And these are the second category of applications where industrial IoT are being used in a wide smart package management, announce quality and security, autonomous vehicles, power management. So now we will discuss about some of the advantages of industrial Internet of Things, the improved accuracy, a product and process optimization, the predictive maintenance and analysis, higher efficiency, a remote accessibility and monitoring, announce security, a scalability of network, a reduced downtime for the machines and processes. So now we will discuss about how the industrial IoT will help for the job seekers. So because of a wide use of industrial IoT, so it provides a career opportunity to the needy people from small scale industry to the large scale industries. And here I have listed different sectors, so where the industrial IoT being implemented and offer job to the job seekers, starting from share marketing, health care, home construction, media, telemedia, digitization and transportation and in all and every corner or industrial section and the industrial IoT being used and hence it is offers a job opportunities to the or career opportunity to the end people. So think and write, so is IoT worth it, pause the video now and answer the question. Yes, with companies continuing to invest in industrial IoT technologies and the use opportunities for growth, the industrial IoT is definitely an avenue to explore for curious tech savvy individuals who want to write to the way of the future. So these are the references I have cited to prepare my PPPT and out of which the two are books and three are the Internet content. Thank you.