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Why Is IoT Important For Manufacturing Industry?

Why Is IoT Important For Manufacturing Industry?

What is Actually IIoT?

The expansion of IoT services to the industrial is termed as IIoT which in full form, becomes the Industrial Internet of Things. IoT has expanded its benefits on a lot of things. Like cars and roads, roads, and devices that track a person’s behavior and then using and analyzing that data. The main tasks of IIoT systems are to provide a bridge between Devices, instrumentation, sensors & actuators, controllers, robots, assets, and human. Basically, IIoT is a subset of IoT and its expanded form. It is the co-ordination of the above-mentioned devices that have the ability to communicate and are present in digital-based storage and analytics IoT manufacturing solutions help us to better use our manufacturing methods.

There have been many attempts made to explain how IIoT can be implemented into systems. They have thrown a light on numerous features and decision points of IIoT.

Business wire states that,

“Global IoT spending will experience a compound annual growth rate (CAGR) of 15.6% over the 2015-2020 forecast period, reaching $1.29 trillion in 2020”.

It further states that,

“The industries forecast to make the largest IoT investments in 2016 are manufacturing ($178 billion)”,Given Manufacturing's position as the leading IoT industry, it's no surprise that manufacturing operations is the IoT use case that will see the largest investment ($102.5 billion) in 2016. Other IoT use cases being deployed in Manufacturing include production asset management and maintenance and field service. The second largest use case, Freight Monitoring ($55.9 billion), will drive much of the IoT spending in the Transportation industry. In the Utilities industry, combined investments in Smart Grid for electricity and gas will total $57.8 billion in 2016”.

Why IoT Is Important For Manufacturing Industry?

All the result that has been made in the last decade has introduced as to the world of internet of things and its different kinds of aspects. We have also become totally aware of the industrial applications in areas of the internet of Technology, which is fast leading us to the revolution of industry 4.0 or industrial IIoT also termed as IIoT. The industry 4.0 evolution holds the objective of revolutionizing the productivity of manufacturing lines with the help of the collection of large data and performing analysis on them. Now the coming Era is asking companies to be broad innovative and has digital and smart technology. The use of IIoT is directly linked with the company's production lines. With the use of we are able to perform a better quality check and smarter quality Inspection on the suppliers. All with the use of smart devices. With the help of IoT manufacturing solutions, we could totally change our industrial approach. If you are asking,

Why IoT is important for Manufacturing Industry? Then following are the factors.

Keep A Full Track Of Inventory Systems

With the help of IoT devices, we can keep a full track of inventory systems at a global scale. With the help of IoT devices, a factory becomes enable to track their supply chain and send you valuable production and make estimation of the resources that are currently available.

The use of IoT really helps in getting the information regarding the work that is currently going on. The encapsulation and collection of different type of equipment and devices that are used required materials delivery date. With the help of IoT devices, we are no longer in need to do to manual reporting and documentation for the operations that are currently running in the enterprise resource program. The use of IoT devices gives us an opportunity of having the class channel visibility in manufacturing and managerial departments in the same time. It also shows help in the reduction of the risks of mismanagement and wrong analysis in the organization.

Make Your Devices Smart

When we are talking about a production environment we encounter loss of production issues and Hardware failures and then we need to resolve them which takes a lot of time and a lot of efforts. But with the help of IoT devices, processes and equipment take decision on their own. When IoT is attached with the hardware, it can manually detect issues and then later do the fixation on their own. All of the aspects of IoT help in the reduction of manual efforts and they let the team to provide more concentration or more serious issues for increasing the productivity. The systems which have the ability to take decisions on their own are very robust and have market capturing ability.

Reduce The Cost Associated With QMS

Maintaining and implementation of quality management systems QMS is very hard and also very expensive. But use of IoT in the manufacturing system really helps us in the reduction of the cost and all the hardship that is associated with maintaining a quality management system. By combining the use of Industrial processes and internet of things along with the devices everything's become automated and we are able to streamline the process control plan with the use of sensors. the stakeholders and the manufacturers on the plant become enable for cross checking variable which are susceptible to quality which results in the time reduction and the resource reduction associated with the quality management system, instead of doing the quality inspection ourselves and using human resource to do it, the use of IoT sensors can result in much more budget friendly approach.

Perform better Analysis Of Crucial KPI’s

Industrial IoT permits the manufacturing for the connection of the Machines with the internet. This approach not only results in the monitoring of the Machines but also results in performing analysis of crucial KPI’s such as overall equipment effectiveness and overall process effectiveness in a real-time environment. Having the track of all of those KPs, it lets the manufacturers to determine when the maintenance is required. And to tackle the risks before they turn into failures and cause problems.

Optimized Use Of Machines

In IIoT, the processes are fully automated. And all the machines are linked with the Internet of things. This clearly results in the optimized use of machines. It doesn’t only become helpful for machine operators, but also offers plenty of benefits for Process engineers manufacturing engineers, quality engineers, and all the engineers that are present in the field. With the help of automation systems, they have access to all kind of data that ensures remarkable maintenance. Workers become aware when the machine is supposed to wear out and another kind of thing.

30th Jun 2020 Sadia Naseer

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