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The Industrial IOT Improves the End User Experience and Creates New OEM Revenue Streams
Industrial Internet of Things (IIoT) is a rapidly progressing sector accounting for the maximum share in the global IoT spending. According to the research by Business Insider, global manufacturers will invest $70 billion in IoT solutions in 2020. That is up from $29 billion from 2015.
Manufacturers and industrialists in every sector have a significant opportunity at hand where they can not only monitor but also automate many of complicated process involved in manufacturing. Thought leaders around the world say the most valued companies will be those that blend digital capabilities and industrial assets. Digital skills are required to drive productivity and efficiency to new levels across an organization or environment. Through the IIoT, automation apps will guide predictive maintenance, so equipment never goes offline. Moreover, equipment and systems will seamlessly adjust to market demands.
Also, this digital industrial era will bring OEMs and customers closer together. OEMs will use data and analytics across the complete product lifecycle. Such a digital thread will enable better initial design, smoother operation, and efficient maintenance in a closed loop.
Today, fourth-generation automation software is helping proactive OEMs make use of the Industrial Internet. Real-time data and advanced analytics algorithms are helping them take advantage of new business opportunities.
HPE provides leading Industrial Internet of Things (IIoT) technologies to serve manufacturing, logistics, energy production, and other industries. HPEโs IIoT solutions can help you unlock siloed and new IoT data right where it created, reducing latency, increasing security, and delivering new value from operations. Industrial organizations need to connect people, places, assets, things, and their data to develop meaningful insights. These insights can reduce production costs, increase efficiency, and provide visibility to employees and customers. HPE Industrial IoT solutions help you connect operations and IT, protect data and devices, and compute new insights. HPE's hybrid IT and edge computing solutions can combine to create powerful IIoT solutions, process data on site, in real time, and let data flow seamlessly between intelligent devices and your private and public clouds.
- Geo-Intelligence
Additionally, engineers can make use of end-user geographical information to inform the right user at the right location. Geo-intelligence technology takes data, puts context to assets, and then applies a geo-location to that asset. Thus, an OEM can automatically serve the right information quickly on the mobile device closest to the equipment. In a manufacturing environment, geo signals are even more accurate thanks to Wi-Fi technology. Operators can be in a noisy factory and use the geo-intelligence and navigation to obtain the right information at their fingertips based on their location. This technology can speed response and reduce troubleshooting time.
- Digitally connected factory
Create new insights on the operations floor with solutions to help transform into an IIoT-enabled, future-ready organization. IIoT enabled machinery can transmit operational information to the partners like OEMs and field engineers.
- Facility management
The use of IoT sensors in manufacturing equipment enables condition-based maintenance alerts. Many critical machine tools are designed to function within specific temperature and vibration ranges. By ensuring the prescribed working environment for machinery, manufacturers can conserve energy, reduce costs, eliminate machine downtime and increase operational efficiency.
- Production flow monitoring
IoT in manufacturing can enable the control of production lines starting from the refining process down to the packaging of final products. Moreover, the close supervision highlights lag in production thus eliminating wastes and unnecessary work in progress inventory. Gain visibility into your processes with instrumentation to obtain relevant data for assessing conditions and system performance.
- Inventory management
IoT applications permit the monitoring of events across a supply chain. The systems track the inventory and trace globally on a line-item level and notify the users of any significant deviations from the plans.
- Plant Safety and Security
IoT combined meaningful data analysis can improve the overall workersโ safety and security in the plant. By monitoring the Key Performance Indicators (KPIs) of health and safety, like the number of injuries and illness rates, near-misses, short- and long-term absences, vehicle incidents and property damage or loss during daily operations.
- Quality control
IoT sensors collect aggregate product data and other third-party syndicated data from various stages of a product cycle. This data relates to the composition of raw materials used, temperature and working environment, wastes, the impact of transportation on the final products.
- Packaging Optimization
By using IoT sensors in products and packaging, manufacturers can gain insights into the usage patterns and handling of product from multiple customers. Smart tracking mechanisms can also trace product deterioration during transit and impact of weather, road and other environment variables on the outcome.
- Logistics and Supply Chain Optimization
The IIOT can provide access to real-time supply chain information by tracking materials, equipment, and products as they move through the supply chain. Effective reporting enables manufacturers to collect and feed delivery information into ERP, PLM and other systems. By connecting plants to suppliers, all the parties concerned with the supply chain can trace interdependencies, material flow and manufacturing cycle times. This data will help manufacturers predict issues, reduces inventory and potentially reduces capital requirements.
Finally, OEMs and end users must implement IIoT technology using secure-by-design methodologies. The confidentiality, integrity, and availability of systems and data are critical. In our IIoT world, OEM must consider how to deliver information in a staged fashion, how to limit control, and how to expose data for accessing information, anytime, anywhere for secure agility.
Featured articles:
- When OT and IT collide: Managing convergence on the industrial edge
- What is the Industrial Internet of Things?
- Making Industrial IoT data pay
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