IoT strategies for success in industry 4.0 manufacturing The Internet of Things (IoT) is a critical part of the Industry 4.0 framework and is making real time visibility in the manufacturing industry achievable. It is where machines, devices, computing systems, analytics, cloud and the people are connected and communicate to each other. IoT is all about the digitalization of industry and making it possible to understand the business operations in a better way. Companies need to be diligent in leveraging IoT in their business strategies. They need a clear roadmap which has to be both sustainable and scalable. For most companies, it is nearly impossible to have that expertise and they need to rely on subject matter experts who are focused on the results. Group50, a leading IoT Consulting firm has put together a team of subject matter experts who have deep automation and systems integration experience. They have assessment tools, IoT libraries and technology partners for specific industry verticals. Their experts are apt in creating Industry 4.0 assessments that clearly define the current state and the opportunities available to create a more costeffective future state for a business. The results of these assessments help the team design and plan the most cost-effective approach with the highest ROI. Manufacturing is a long procedure and covers a lot of activities, from raw materials to finished goods. Internet of Things in manufacturing allows managers to automatically collect data in order to make much better informed decisions and enhance efficiency and production. It not only enables businesses to manage the systems but also to integrate human workforce into the IoT infrastructure. This technology has reshaped the manufacturing sector, giving businesses an advanced competitiveness.
5 areas of use of IoT in manufacturing sector: 1. Inventory management Real-time visibility makes the evaluation of the accessible materials, work in progress and the expected arrival time of the new supplies to be exact. It avoids unnecessary stoppages and reduces the shared costs in the supply chain. 2. Industrial safety IoT monitors and addresses all the potential health and safety hazards to ensure safer working conditions. 3. Production flow monitoring It allows complete monitoring of the production cycle, from the refining process till the time when final product gets packed. This close monitoring helps in eliminating wastes and redundant processes. 4. Quality control IoT sensors collect data across all the stages of the production cycle, from the raw materials used, working environment, and transportation to the final product. These data can be analyzed later to remove the quality issues, leading to significant improvements. 5. Smart metering IoT has led to the introduction of smart meters which can screen the consumption of resources such as water, electricity and fuels. With the use of IoT sensors, manufacturing organizations can deploy practices that lead to more effective usage and significantly reduce operational costs. You can talk to a Group50 expert to know about how you can take advantage of Internet of Things in manufacturing and lead your business towards the technological transformation.
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