Internet of Things in Industry: Research Profiling, Application, Challenges and Opportunities—A Review

Krzysztof Wójcicki, Marta Biegańska, Beata Paliwoda and Justyna Górna
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Krzysztof Wójcicki: Institute of Quality Science, Poznań University of Economics and Business, Al. Niepodległości 10, 61-875 Poznań, Poland
Marta Biegańska: Institute of Quality Science, Poznań University of Economics and Business, Al. Niepodległości 10, 61-875 Poznań, Poland
Beata Paliwoda: Institute of Management, Poznań University of Economics and Business, Al. Niepodległości 10, 61-875 Poznań, Poland
Justyna Górna: Institute of Management, Poznań University of Economics and Business, Al. Niepodległości 10, 61-875 Poznań, Poland

Energies, 2022, vol. 15, issue 5, 1-24

Abstract: The fourth industrial revolution taking place in the industrial sector is related to the increasing digitization and linkage of goods, products, value chains and business models. Industry 4.0 is based on the global connection of people, things and machines. By connecting devices and sensors to the internet, we are entering a new era of data analysis, connectivity and automation. This gives great opportunities for innovation and progress, previously unattainable in such a dimension. The term Internet of Things (IoT) has spread along with the vision of a world instrumented with intelligent inputs and outputs able to communicate with each other through internet data and technologies. IoT is being implemented in various areas of the modern economy, for example, healthcare, quality control, logistics, energy, agriculture and production. The Industrial Internet of Things (IIoT) blazes the trail to a better understanding of the manufacturing process, thus enabling efficient and sustainable production. The paper explains the concepts of IoT, IIoT and Industry 4.0. It highlights the accompanying opportunities, threats and challenges related to their implementation. Additionally, it presents an outline of computing architecture in IoT and related energy consumption issues. Moreover, it provides examples of application and IIoT research profiling.

Keywords: Industry 4.0; Internet of Things (IoT); IIoT; smart grid; Cloud computing; Fog computing; Edge computing; Blockchain (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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