Companies across a wide range of industrial sectors are increasingly focusing on sustainability initiatives. Manufacturers, energy companies, and others are interested in reducing the adverse environmental effects of their businesses, and many are looking at the Industrial Internet of Things (IIoT) to help.

A few months ago, ABB commissioned a research study to examine, among other things, the value of industrial IoT for sustainability. The findings ought to grab your attention, especially if you feel that your company might be behind on its environment-friendly strategies.

Importance of Industrial IoT for sustainability

One of the findings revealed that 94% of key decision-makers across 12 industrial segments agree that IIoT can improve overall sustainability. Moreover, 72% are looking to increase spending on this technology due to its impact on sustainability.

So, it is clear that industrial IoT has caught the attention of many business leaders. However, before jumping headfirst into the implementation phase, it’s important to understand how exactly IIoT can benefit environmental monitoring. So, that’s what we will focus on today.

Concretely, we’ll cover:

  1. How IIoT helps with environmental management
  2. Benefits of IIoT for environmental sustainability
  3. Top uses of industrial IoT for sustainability
  4. Key barriers to implementing IoT devices

Now, let’s get started.

How Does IIoT Help With Environmental Monitoring?

The term IIoT unsurprisingly originates from the Internet of Things (IoT) in general. However, it refers concretely to connected devices that transmit information about remote objects in industrial settings like manufacturing, energy, logistics, construction, and the like.

To make the most of IIoT, industries often rely on tailored digital tools. For example, companies invest in manufacturing software development to streamline production lines, adopt energy software development for monitoring and optimizing power usage, and leverage logistics software development to improve supply chain visibility. Likewise, builders turn to construction software development to enable real-time tracking of equipment and reduce environmental impact across projects.

Discover how we developed an IIoT System for an Engineering Company

As you know, these business sectors are some of the top ones contributing to the world’s greenhouse gas emissions. In fact, according to the New York Times, as the economy began recovering from the pandemic in 2021, America’s greenhouse gas emissions from energy and industry rose 6.2%.

U.S. Greenhouse Gas Emissions

Naturally, many organizations are looking to reduce their negative effects on the environment. This interest is driven not only by consumer demand for more sustainable initiatives, but also because doing so can decrease operating expenses and ease regulatory compliance.

Using industrial IoT for environmental sustainability can play a crucial role in helping achieve these objectives. After all, smart sensors can help monitor emissions or inform you when machinery becomes faulty. Thus, empowering your organization with actionable insights that can drive your environment-friendly decisions.

Benefits of Implementing Industrial IoT Devices

Now that we’ve looked over the role of IoT in environmental monitoring across industries, it’s time to discuss the main benefits of implementing smart sensors. Indeed, there’s more for you to gain than just contributing to better sustainability practices.

Cut Costs

In an industrial setting, a bottleneck in the production line, sudden machine failure, or even a minor non-compliance with environmental regulations can have an enormous effect on costs. Thus, any way of reducing the possibility of these occurrences is highly welcome.

With Industrial IoT, time-consuming and inefficient processes can be eliminated or, at the very least, optimized. Thanks to connected devices and artificial intelligence technology, avoidable bottlenecks can be spotted, and corrective action suggested.

Plus, when you’re empowered with real-time data about the emissions being produced, the likelihood of compliance mishaps is reduced as are the potential fines.

Extend Machinery Lifetime

Machinery and equipment doesn’t usually come cheap. Thus, every industry player is interested in extending the lifetime of its assets and reducing downtime. As you may have guessed, IoT has a role to play here.

With intelligent asset management, you won’t have to worry about surprising failure of your machinery. Instead, you’ll not only be aware of the state of your wide-spanning, remote equipment but also get alerts whenever predictive machine learning tools forecast that maintenance is needed.

Improve Brand Reputation

As we’ve mentioned, consumers are demanding a more conscious approach to the environment from manufacturing companies, energy suppliers, logistics providers, and others.

Thus, if you commit to implementing industrial IoT solutions for better sustainability practices, your company reputation will immediately benefit from it. Especially, if you’re transparent about the efforts you’re making, the improvements already made, and the road that is still ahead.

Top Uses of Industrial IoT for Sustainability

The advantages of IIoT-powered environmental sustainability solutions are evident. So, let’s get more concrete about the potential uses of this technology. Hopefully, they’ll help you identify your specific business areas that can benefit from implementing IoT devices.