The moment you are reading this sentence, over 127 new devices connected to the internet. Such is the magnanimity of the technological world that creates opportunities for development in almost every sector. The Internet of Things is taking the world by storm and the benefits that follow own a multitude of aspects. Confining the discussion to the industrial manufacturing sector, we have seen tremendous growth in the past few years, and a bright future ahead smiles upon us.
IoT Solutions Connecting the Manufacturing World
Marking a solid presence in processes and supervisory control systems, IoT has a firm grip on the manufacturing industry. In the manufacturing industry preset, this idea holds immense value as there are various activities, operations, and production lines that need continuously tracking for their status and quality.
Industrial Internet of Things (IIoT) allows sensors to be attached to physical assets. They gather the information and transfer it to the software for IoT, which further allows analytics, Artificial Intelligence (AI), and Machine Learning (ML) to take action on the data. The technology that holds the potential to increase the world’s productivity by manifold lies on the skeleton of data. The data and information architecture mark the foundation of any open-source IoT platform. The data is sourced from sensors and actuators deployed across the network of the IoT open-source platform.
IoT solutions pave the way for manufacturing industries to deep dive into the processes and find the possible bottlenecks. The advent of analytics and ML has brought predictive maintenance into the picture, which proves to be a boon for the industry. Stakeholders get to access real-time asset management and can quickly identify potential inefficiencies. Gone are the days of long shutdowns caused by faulty machinery. Industrial IoT solutions have carefully created a scope for risk-averse strategies that bolster manufacturing outputs. Evidently, the results have shown a decrement in the rate of defects by 48%.
Apart from predicting the lifecycle of industrial equipment, you can use IoT dashboards for visualizing the complex network of a manufacturing plant in real-time. Dashboards give us a visual approach towards the problem and increase the analytical capabilities of the data. This not only provides a birds-eye view of the production facilities but also helps create simulations for targeted outcomes. By analyzing variability in production input parameters, desired outputs can be projected against the existing constraints. These simulations can be instrumental in ensuring maximum operational efficiency in the least resource investment.
The amalgamation of cognitive computing and cloud technologies with IoT solutions has given rise to novel manufacturing and working standards in industries. Further, with technologies like AR, VR, etc. IoT is all set to surprise us with the boundless prospects of its implementation and usage in the real world.
IoT and Crust
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