The future of industrial IoT might be wearables / by TI

We all know IoT is going to be huge, and as with most technology, the industrial IoT will eventually eclipse its consumer equivalent. But it is certainly in no rush. From smart socks to smart homes, consumer tech is flying off the shelves, but industrial IoT is taking its time.
There’s a good reason for that. Consumer product cycles are often measured in months, while industrial hardware changes over a period of years or more. An oil pipeline or a stretch of train track may last several decades before retirement or major servicing. That’s typically a good thing, but with the IoT, reliability can get in the way. Sure, adding sensors to industrial systems can add value, but is the payoff worth a rip-and-replace? If you’re managing lots of expensive, perfectly reliable systems spread over a large area, the answer is often “No.” In Employing Industrial IoT: A Framework for CIOs, Gigaom Research Analyst Adam Lesser outlines a number of inhibitors to industrial IoT adoption: standards, security, staffing and power efficiency. These are tough enough on their own, and any industrial IoT implementation will have to cope with them, but for companies with large sunk costs in facilities and physical infrastructure, the very act of upgrading equipment can cost money and time the business just isn’t prepared to absorb.