The Internet of Things or IOT is one of the upcoming technologies in the market these days. What is IOT? – In Short, IOT is basically smart devices sending data related to their performance, state, etc. over the internet which can be acted upon, if required, without much human intervention.
There is an infograph which explains what IOT is all about and its applications. This is the most informative and interactive article that I have come across on IOT, make sure you turn to full screen mode when viewing this infograph.
How Maximo fits into the world of IOT?
Consider a scenario of a manufacturing unit which has its assets installed with sensors that can monitor the performance, state and other parameters of the asset and upload it to the network – basically smart assets. These performance parameters can then be picked up by Maximo and –
- Parameter values can be updated against assets (meter reading) and
- If any deviations are found, Investigation or corrective actions can be initiated through condition monitoring.
This can significantly reduce the downtime on the asset due to breakdowns and increase its reliability, efficiency & performance. This is just one example; there can be thousands of applications of IOT.
How IOT is transforming businesses? – have a look at the IBM IOT page. Do watch the customer stories.