2023
is said to be THE year for the manufacturing industry. Backed by the strong
forces of the fourth industrial revolution, the manufacturing sector seems to
be all set for improved productivity, newer launches and higher efficiency.</o:p>
But
what is the hype about Industry 4.0 all about?<span
style='font-size:12.0pt;font-family:"Times New Roman",serif'></o:p>
Industry
4.0 is the fourth industrial revolution in the realm of the industrial sector
which provides data insights, streamlines processes, lowers operating costs,
and much more, all at once. All of this is made possible through interconnected
shop floors, most popularly known as IIoT.</o:p>
Now
what is IIoT</o:p>
Industrial
internet of things is interconnecting smart devices together to monitor,
automate, and forecast future outcomes, processes, and preventive measures in
an industrial setup. Through the many shop floor monitoring systems, IIoT
delivers countless opportunities ranging from enhanced employee protection to
predictive maintenance of equipment. Even though Industrial Internet of Things
has empowered factories to produce more and better than they ever could, it is
fraught with multiple issues which are highlighted in a table below.</o:p>
Advantages
Disadvantages
Reduced costs
Lack of IoT experience
Ability to take improved decisions
Security Threats
Greater energy efficiency
Inability to align KPIs with clear business goals
Better quality outputs and results
Improper organizational alignment
Reduced equipment downtime
Implementation<span
style='font-size:12.0pt;font-family:"Times New Roman",serif'></o:p>
IIoT
can be applied to multiple areas of which three main ones include predictive
maintenance, remote monitoring and automation. Predictive maintenance is one of
the most important aspect as it eliminates wastage of both time and money. This
is because even before the machine and equipment reach a point of their breakdown,
their maintenance is performed. This way, no time is wasted during the
maintenance procedures, which enables the workers to continue their usual
processes, and doesn’t even cause any wastage of material.</o:p>
These
practical implementations can help in improving the overall output and quality
of manufacturing units, with lower wastage and operational expense. IoT can be
an extremely powerful technological tool with numerous advantages for any
industry. Yet, reaping the benefits from the networked devices required proper
monitoring and coordination.</o:p>
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A Quick Look Into the Concept of IIoT</o:p>
2023 is said to be THE year for the manufacturing industry. Backed by the strong forces of the fourth industrial revolution, the manufacturing sector seems to be all set for improved productivity, newer launches and higher efficiency.</o:p>
But what is the hype about Industry 4.0 all about?<span style='font-size:12.0pt;font-family:"Times New Roman",serif'></o:p>
Industry 4.0 is the fourth industrial revolution in the realm of the industrial sector which provides data insights, streamlines processes, lowers operating costs, and much more, all at once. All of this is made possible through interconnected shop floors, most popularly known as IIoT.</o:p>
Now what is IIoT</o:p>
Industrial internet of things is interconnecting smart devices together to monitor, automate, and forecast future outcomes, processes, and preventive measures in an industrial setup. Through the many shop floor monitoring systems, IIoT delivers countless opportunities ranging from enhanced employee protection to predictive maintenance of equipment. Even though Industrial Internet of Things has empowered factories to produce more and better than they ever could, it is fraught with multiple issues which are highlighted in a table below.</o:p>
Implementation<span style='font-size:12.0pt;font-family:"Times New Roman",serif'></o:p>
IIoT can be applied to multiple areas of which three main ones include predictive maintenance, remote monitoring and automation. Predictive maintenance is one of the most important aspect as it eliminates wastage of both time and money. This is because even before the machine and equipment reach a point of their breakdown, their maintenance is performed. This way, no time is wasted during the maintenance procedures, which enables the workers to continue their usual processes, and doesn’t even cause any wastage of material.</o:p>
These practical implementations can help in improving the overall output and quality of manufacturing units, with lower wastage and operational expense. IoT can be an extremely powerful technological tool with numerous advantages for any industry. Yet, reaping the benefits from the networked devices required proper monitoring and coordination.</o:p>
There are various technology companies that make the power of IIoT reach to the manufacturing setups, such as <span style='color:black;mso-style-textfill-fill-color:black;mso-style-textfill-fill-alpha: 100.0%'>Solulever, which is a Dutch Technology startup. The company offers a manufacturing connectivity and intelligence platform solution, <span style='color:black;mso-style-textfill-fill-color:black;mso-style-textfill-fill-alpha: 100.0%'>Brabo Edge platform that establish a strong mesh of interconnected machines and equipment. The platform’s ability to capture data spontaneously right from the point it is originated, mash it with business insights and apply advanced analytics helps in achieving smart manufacturing.</o:p>