The search for the very best solutions to stay competitive, be efficient, and develop business is an ongoing effort for all manufacturers.
Leveraging the latest technology from the manufacturing process has allowed companies of all sizes to thrive and compete in the global marketplace.
It is in any company’s best interest and competitive place to pick the most efficient and productive way to manufacture products.
Companies who rely on traditional or outdated methods instead of taking advantage of newer technology may struggle to maintain or expand their business.
Driving AI and Analytics
The net of things, also referred to as Industry 4.0, is a collection of objects, equipment, and devices that are embedded with sensors, electronics, and software and have network connectivity enabling these devices to collect and exchange data.
The industrial IoT takes networked sensors and smart devices and places those technologies to utilize directly on the manufacturing floor, collecting data to drive artificial intelligence and predictive analytics,
In IIoT engineering, sensors are attached to physical assets. Those sensors gather data, store it wirelessly, and use analytics and machine learning to take some sort of action.
An essential benefit of IIoT is the way it can improve operational efficiencies. Such as, when a machine breaks down, connected sensors help determine where the issue has happened and can prompt a service repair petition.
IIoT can also assist with preventative maintenance by predicting when a machine will likely require service or whenever it” near the end of its life span before it happens, limiting downtime.
By decreasing machine downtime, companies are able to take better advantage of their businesses capacity and maintain workflow. IIoT can keep workers safe, warning operators well in advance of a potential catastrophic event allowing them to respond appropriately to the situation.
Increased Pace of Connectivity
The increased pace of connectivity proceeds with an anticipated 50 billion machines being linked on the internet from 2022.
This tendency makes it imperative for manufacturing businesses to adopt these devices and make them an integrated part of their facility operations.
Businesses that take the plunge should be prepared to mitigate the cyber risks in their manufacturing processes and supply chains.
This requires companies to commit time and money on cybersecurity risk management, including the training of workers, building security into devices at the start, and monitoring outside service providers.
IIoT is changing the manufacturing industry with supply chains getting dynamic, connected systems. IIoT technology is impacting the way products are made and delivered.
And are making manufacturing facilities more efficient, operationally safer, and in many cases saving companies money.