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As exposed in a recent report by General Electric, an industrial Internet of Things (IoT) is emerging as a commercially viable embodiment of the IoT where physical sensors gather data readings from the field and deliver the traffic to the Internet. The collected real-time big data, in turn, allow the optimizing of entire industry verticals with enormous return of investments. Although opportunities are ample, it comes along with serious engineering design challenges as industrial applications have stringent requirements on delay, lifetime and standards-compliance. To this end, we advocate the use of an IEEE/IETF standardized IoT architecture along with a recently introduced data-centric scheduling algorithm known as traffic aware scheduling algorithm (TASA). Applying graph theoretical tools to the multi-channel, time-synchronized, and duty-cycled nature of TASA, we rigorously derive optimality and bounds on the …