6 Advantages of Open Source Industrial IoT

6 Advantages of Open Source Industrial IoT

Laura Davis, Manufacturing Technology Insights | Thursday, September 03, 2020

The Industrial Internet of Things (IIoT) invites a new industrial revolution and tools and techniques for getting different kinds of work done.

FREMONT, CA: In manufacturing and warehouse operations and the massive supply chain and beyond, IIoT vendors are already increasing and promising to trim the waste, boost responsiveness, and enhance planning and forecasting. It’s all because of the connected hardware and intelligent software. There are various reasons why this business model can be advantageous for a massive variety of companies, and especially the ones involved in the world’s supply and manufacturing chains. In any industry with numerous moving parts, business needs to know that they can tailor their IT builds any way have to and unify all of their hardware and software tools for maximum data mobility.

Here are some of the advantages.

Top 10 Industrial IoT Solution Companies - 2020• Cost-effective: Proprietary software and hardware designs almost always carry higher price tags than any open-source alternatives that are generally free to use. End-users absorb costs like licensing fees, engineers’ salaries, company overhead, and many more.

• No contracts or vendor lock-in: Mobility and freedom are additional concerns. Adopting proprietary digital tools might need a subscription, with or without a long-term lock-in clause that might prevent one from migrating to a different set of tools if they want to.

• Free to develop and modify: The companies with limited R&D or IT budgets ca not afford to build from scratch every time they need new apps or network services. Open source offers a reliable and peer-reviewed foundation on which to build custom features and one-of-a-kind functionality.

• Greater interoperability: Open-source IIoT solutions generally offer enhanced interoperability and robust APIs and SDKs for integration with other systems and products.

• Extensive and diverse developer base: If there is a chief benefit to open-source technology, building it is a much more democratic process than most competing proprietary products. Developers can arrive from anywhere, and they bring a massive set of skills and perspectives compared to isolated teams working on closed software.

• Potentially faster development: The teams behind open-source APIs, SDKs, and IoT protocols don’t have the overhead typical of the software development companies and in-house IT teams. This means open-source technologies can witness rapid iterations and potentially incorporate new features at a faster pace.

See Also: Top API Solution Companies

Weekly Brief

Read Also