IoT Integration in Industry—A Literature Review

Abstract

The paper attempts to enlighten the managerial perspective of the Internet collaborative framework called as Internet of Things (IoT) which interlinks the fundamental concept of cyber computing to the available advanced manufacturing methods for an agile and truly wireless communication to carry out operations in the industrial sector. The correlation between developing a wireless domain framework to facilitate smart manufacturing is outlined in the paper with a channelized concentration on the latest innovation in the same pool along with the barriers and possible evolution of Supply Chain Management (SCM) in the future which will unite the manufacturing methods with a framework developed to facilitate the processes in real time along with a greater equipment control over the existing devices. The paper showcases the findings of various research authors in the field of IoT, and it propagates to the fundamentals of Industry Internet of Things (IIoT) and also collaborative manufacturing. The research also highlights the nature of the evolution and the vision for the future development of the IoT services which could seamlessly control the industrial operations with fluidity and minimum latency by integrating the elements of IoT into the elements of SCM.