How IoT is Delivering Business Benefits in Manufacturing

The Internet of Things is rewriting the rules for all major industries, and manufacturing is no exception. The IoT connects machinery, infrastructure, products, and even people with a network of sensors, automation, and machine learning to create an environment in which business insights can be gleaned and applied virtually in real-time. Line safety can be enhanced, and the complete spectrum of tasks and processes can be automated and optimized. In fact, there are a number of compelling business benefits for leveraging the IoT in manufacturing – here are a few of the key ones: Predictive maintenance. Perhaps the most obvious benefit of the IoT is how it is disrupting traditional processes for performing equipment maintenance, moving businesses that embrace it from reactive maintenance to predictive and preventative. The problem with the way maintenance is typically performed is that periodic maintenance can only be based on historical and statistical information, leading to unexpected work stoppages and a reactionary maintenance posture. But by embedding sensors in equipment on the line, it’s possible to get detailed health and status data about individual equipment. That lets managers get out in front of maintenance issues and fix problems before failures would occur, disrupting operations. Quality … Continue reading How IoT is Delivering Business Benefits in Manufacturing