Abstract
Smart sensors and Industrial Internet of Things (IIoT) are innovative tools in the current business environment and are considered drivers of Industry 4.0, as well as factories, households, and workplaces. Using smart sensors in a variety of ways, companies can improve and grow their business (Bahrin, M.A.K., Othman, M.F., Azli, N.N., Talib, M.F.: Industry 4.0: a review on industrial automation and robotic. J. Teknol. 78(6–13), 137–143 (2016)). In the current business environment, it has been seen that smart sensors act as catalysts and drivers for taking a company to the top of its industry. The use of smart sensors and IIoT in business practices in various sectors of the economy has a very positive impact on delivering value and quality products and services, and it also helps in reducing costs, increasing production output, and enhancing efficiency.
The combination of smart sensors and IIoT represents the ordering and arrangement of a sensor, microprocessor, and communication technology for the purpose of converting environmental inputs (e.g., humidity, weight, liquid detection, temperature) into readable data and transmitting the data to a centralized repository.
Once implemented at scale, the combination of sophisticated sensors and increased computational power will enable new ways to analyze data and gain actionable insights to improve many areas of operations.
In this chapter, the author will present an analysis of changes initiated by applying smart sensors and IIoT in industry to connect technologies in industries, factories, households, and workplaces. The objective of this chapter is to seek answers to the question of how smart sensors and IIoT act as innovative tools driving growth in the current business environment and to explore the role and significance of smart sensors and IIoT in daily life and, most importantly, in business and manufacturing. The author will also try to analyze the impact of smart sensors and IIoT on operations in manufacturing or business organizations and discuss smart sensors so as to arrive at a better understanding of the underlying reasons why both producers and consumers are resistant to smart products.