The Industrial internet of things (IIoT) is a concept that refers to the integration of complex physical machinery with networked sensors and software in industry. The internet serves as the channel through which information flows and through which objects in a factory (and between factories) are connected. It is a subsection of the broader concepts of Internet of Things and Industry 4.0. IIoT factories becoming smart factories can be considered game changing. IIoT is one of five of such game changing technologies that have been studied for Eurofound in a series of reports on the impact of game changing technologies on production processes and work in the manufacturing industry.
The main purpose of the study is to better understand, and allow stakeholders to anticipate and address the impact of new technologies on production processes and work. As such, the three components of the study are:
1. The level of maturity and the scope of applicability of the technologies, in terms of specific subindustries and geographic areas across Europe;
2. The (potential) qualitative impact on the production process including the impact on value chains, business models, productivity and output/products; and
3. The (potential) qualitative impact on work, in terms of employment (such as occupations that are emerging or disappearing), tasks (such as changes in physical, social and intellectual tasks), skill types and skill levels, education/training needs, working conditions.