Everyone’s heard of the IoT – smart thermostats, Internet-connected refrigerators, connected lightbulbs – but there’s a subset called industrial IoT that has a much more significant day-to-day impact on businesses, safety and even lives.
The term IIoT refers to the Industrial Internet of Things. In broad strokes, it’s the application of instrumentation and connected sensors and other devices to machinery and vehicles in the transport, energy and industrial sectors.
Source: What is the Industrial IoT? And why the stakes are so high | Network World