The present disclosure provides an industrial Internet of things for monitoring a collaborative robot and a control method, a storage medium thereof, wherein the control method comprises: obtaining position data of the workpiece to be processed as first monitoring data through the sensing network platform; selecting, based on the first monitoring data, a benchmark working parameter matching the first monitoring data from a working parameter library; obtaining, via the sensing network platform, a working parameter of the target collaborative robot as second monitoring data; comparing the second monitoring data with the benchmark working parameter to determine a working state of the target collaborative robot.