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Benefits of Industrial Internet of Things (IIoT)

We can see technology and digitization influencing every aspect of our life. The emergence of the Internet of Things (IoT) has changed our perception about technologies and their implementation. Even the manufacturing industry has adopted new technology that is helping it boost its overall efficiency. Manufacturing industry managed to digitize and establish dozens of processes, modify business models, implement and monitor efficient workflows with the help of Industrial Internet of Things (IIOT).


The number of companies adopting IIoT is constantly growing which in turn raises the requirement of more companies offering hardware and software services for sensor design, wireless design, gateway design, hardware integration, software development, integration with existing ERP systems and so on.


Manufacturing companies are ready to invest in IIoT implementation due to the extensive list of benefits they will get in return. We would like to list down the beneficial points of IIoT that will help you make the decision on applying IIOT in your business. This blog is dedicated to the discussion on this.


Predictive Maintenance It is much more efficient and rational to prevent a failure that to repair the defect at an advanced stage. The sensors that come as a part of the IIoT solution, shall be installed on the equipment, provide the businesses/manufacturers to get valid data on its condition. This data shall enable us to evaluate the state of the equipment and detect any malfunctions that needs fixing. This approach helps to prolong the equipment lifetime, significantly decrease risks of downtimes, and lower risks of accidents that may threaten human life and exert a negative effect on the environment


Predictive Quality

Data collected by sensors helps evaluate the overall conditions in which the equipment is functioning. This approach becomes effective for predictive quality analytics which helps to optimize the quality of end products. Owing to Industrial Internet of Things implementation, manufacturers are able to create predictive quality models which entails product quality improvement. It decreases the possibility of defects and therefore products return.


Asset Tracking

Asset conditions monitoring allows manufacturers to monitor the condition of the machinery equipment in real-time mode. Such indicators as temperature, humidity, and vibrations show if the equipment operates in an optimal manner, and provide guarantee that the asset resources are fully utilized.


Remote Monitoring The possibility of remote monitoring provided by IIoT helps operators perform efficient control over the equipment during its functioning. In case of any malfunctions, they receive signals and are able to take necessary measures immediately. Therefore, the operators will always be aware of the machinery condition.


Overall Expenses Reduction This benefit includes all the points listed above. Implementation of industrial IoT solutions allows to perform control over the possible risks such as downtimes, inefficient resources distribution, untimely equipment maintenance etc. This gives the businesses the capability to reduces losses, reduce maintenance cost, improve quality which increases revenue. Thus, the investment on IIoT reaps much better financial benefits.


Conclusions


Manufacturing process is a set of complex workflows that require precision and accuracy. If you implement Industrial Internet of Things solutions into your manufacturing business you may be sure that the entire process works like clockwork, and the risk of various unexpected issues connected with machinery condition is minimized.


If you want to transform your business with contemporary solutions and currently looking for development services for manufacturing or consultation for implementing IIOT solution, please fee free to contact us. Our team will assist you with pleasure.



Regard

Sarvesh Rajagopal

Regami Solutions


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