IoT-Driven Innovations: A Case Study Experiment and Implications for Industry 5.0

¹ Department of management and innovation, National Research University Moscow State University of Civil Engineering, 129337 Yaroslavskoe shosse, 26, Moscow, Russia
² Uttaranchal Institute of Technology, Uttaranchal University, Dehradun, India, 248007
³ Lovely Professional University Phagwara, Punjab, India
⁴ GRIET, Bachupally, Hyderabad, Telangana, India
⁵ K R Mangalam University, Gurgaon, India

^* Corresponding author: tatianablinova@bk.ru

Abstract

This paper uses a thorough case study experiment to examine the real-world applications of IoT-driven innovations within the context of Industry 5.0. The factory floor has a temperature of 32.5°C, a warehouse humidity of 58%, and a safe pressure level of 102.3 kPa on the manufacturing line, according to an analysis of IoT sensor data. A 5.7% decrease in energy use was made possible by the data-driven strategy, as shown by the office's CO2 levels falling to 450 parts per million. The case study participants, who had a varied range of skills, were instrumental in the implementation of IoT, and the well-organized schedule guaranteed a smooth deployment. Key Industry 5.0 indicators, such as +2% in production efficiency, -5.7% in energy usage, -29% in quality control flaws, and +33.3% in inventory turnover, show significant gains. Key metrics evaluation, data-driven methodology, case study, Industry 5.0, IoT-driven innovations, and revolutionary potential are highlighted by these results.