Top Five Benefits of Industry 4.0 for Modern Enterprises

The advent of Industrial IoT (IIoT) has started transforming the core processes of industries worldwide. It has brought radical changes in the way of operating, communicating, and utilizing data across various industry sectors. Today, industries witness tremendous competition and it is necessary for them to remain competitive for achieving growth. There, industrial IoT Industry 4.0 solutions come into the picture. 


IIoT solutions enable modern enterprises to make the most of the Industry 4.0 concept and transform various processes. Apart from having a competitive advantage, IIoT solutions can take care of all major processes ranging from maintenance to logistics and workflows to project completion.

Let’s dig deep into the top benefits of IIoT and Industry 4.0 for your enterprise. But, before discussing these benefits, we will go through a brief introduction of IIoT. 

Introduction of Industrial IoT (IIoT) Top Benefits of IIoT for Industries


Reduction in Human Errors

IoT is all around us. As per the prediction, 35 billion IoT devices will be installed globally by 2021. All these connected devices will make a robust network and the Industrial IoT concept facilitates entrepreneurs to leverage the benefits of digital interconnectivity. IIoT can be defined as the use of smart sensors and actuators to improve industrial processes. It is also known as the industrial internet or Industry 4.0. 

IIoT takes the power from smart machines and real-time data analytics to take advantage of data in the existing business system. However, it needs widespread digitization of manufacturing processes. 

Let’s go through the top benefits of IIoT for enterprises. 

Industrial IoT makes up over 17% of the total number of IoT projects globally. Be it manufacturing or heavy engineering, chemical or utility industry, a fully connected IIoT manufacturing network offers the following benefits-

Industrial IoT or Industry 4.0 brings digitization in every step of the process. This digital transformation solutions can reduce manual processes and interventions. As a result, industries can reduce the biggest risk associated with the operations- human error. IIoT solutions can also reduce the risk of cyber and data breaches resulted because of human errors. 

AI (Artificial Intelligence) and ML-based programs can do the required processes themselves, thereby eliminating the potential for employees to make a simple mistake.  

Source: Benefits of Industry 4.0 for Modern Enterprises

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