IoT in Manufacturing: Revolutionizing Smart Manufacturing
Automation is passé. Now comes – ‘Industrial Internet of Things (IoT)’ or ‘Industry 4.0’ concept. It is integration of Operation Technology (OT) and Information Technology (IT). It focuses on the end-to-end digitization of all physical assets and integration into digital ecosystems with value chain partners. Now industries are looking towards smart connected factories which helps them viewing real time day to day operation, decision making with business process transformation and ROI optimization.
Business challenges
- Efficiency & Productivity
- Logistics & Inventory
- Asset management & maintenance
- Real time data analytics
- Heterogeneous system (OT & IT integration)
- Environment, Health & Safety (EHS)
- Workforce management
Solutions
- Production flow monitoring
- End-to-end digitization of all physical assets
- EHS management
- Alert & alarm management
- Preventive maintenance
- Horizontal integration*
- Daily insight of production
- Overall Equipment Effectiveness (OEE)
- Capacity utilization
- Machine downtime
- Data analytics
- Workforce management
*Horizontal Integration – the ability to allow secure monitoring and alerting from shop floor equipment to suppliers, customers, and machine builders highly improves the reliability, agility of the overall manufacturing process.