Industrial Internet of Things industrial subset of the IoT. The industrial internet of things will enable the creation of new business models by improving productivity, exploiting analytics for innovation, and transforming the workforce. The potential of growth by implementing IIoT is predicted to generate $15 trillion of global GDP by 2030. While connectivity and data acquisition are imperative for IIoT, they are not the end goals, but rather the foundation and path to something bigger. Of all the technologies, predictive maintenance is an "easier” application, as it is applicable to existing assets and management systems. Intelligent maintenance systems can reduce unexpected downtime and increase
Smart thermostat Smart thermostat Smart thermostats are thermostats that can be used with home automation and are responsible for controlling a home's heating and/or air conditioning. They perform similar functions as a Programmable thermostat as they allow the user to control the temperature of their home throughout the day using a schedule, but also contain additional features, such as sensors and WiFi connectivity, that improve upon the issues with programmable thermostats, Like a connected thermostat, they are connected to the Internet. They allow users to adjust heating settings from other internet-connected devices, such as a laptop or smartphones. This allows users to