Guide to IoT in Manufacturing – Growth, Benefits, Use Cases [Infographic]
Anand Kannan
According to an IDC report, the growth of IoT across Manufacturing is exploding like anything. The report further states that worldwide spending on the Internet of Things to reach $745 Billion in 2019. …
Asset Management with IoT – How to reduce your Asset costs by using IoT
Gengarajan PV
Operations expenses contribute a lot to manufacturing costs. With a proper asset management system in place, the high expenditure can be controlled. Traditional or modern or the highly advanced – the key to profitability in Manufacturing (both product and process manufacturing) is in the most …
How IoT Is Improving Transportation and Logistics
IDC suggests that IoT spending is expected to surpass 1 trillion dollars by 2022. With more and more companies jumping on the IoT bandwagon, the above statistics holds true. Almost companies across verticals have started to embrace the power of this emerging digital technology to …
Complete Guide to Calculating & Improving Overall Equipment Effectiveness (OEE)
Is my manufacturing process efficient enough? Is my production quality above par? I know this will be a question lingering in the minds of most manufacturers. Measuring the output always matters. The manufacturing industry involves a lot of different processes and this makes it complex …
5 Proven Steps to Success in Digital Transformation
anand
Why digital transformation? As a business leader, how often do you feel that you’re no longer playing by the same rules that you were playing 2 years ago? What changed really? It is the world that has changed beyond imagination. What set enterprises apart — …
Top 5 Inventory Management Challenges & Solutions [in 2020]
Be it manufacturing, construction or retail, managing inventory is extremely critical for business growth. Inventory is the heart of the above industries. With that said, understanding the common challenges in inventory management becomes super important and industry heads are looking out for solutions to achieve …
Smart Manufacturing: 6 Ways Industry 4.0 Solutions Are Transforming Shop Floor
According to MarketsandMarkets, Internet of Things (IoT) in the industrial sector, has given rise to a new concept known as the Industrial Internet of Things (IIoT), also known as Industrial Internet or Industry 4.0. The manufacturing industry is looking for solutions that deliver necessary intelligence …
Manufacturing Industry 4.0 – How IoT Is revolutionizing Business
Manufacturing companies are under rapid transformation, thanks to Industry 4.0 solutions. While 55-70% of companies have realized the potential of leveraging advanced technologies to streamline and speed up their operations, a few still have not untapped the potential of the future technologies. If your business …
Top 7 Asset Tracking Methods (#7 Is Best Solution in 2020)
Is asset tracking important? What you would do if you don’t have any control over your assets. You’d end up with an exorbitant spending, right? What is expected is utilizing each and every asset to the fullest as this will help you save money. Discovering …
Things you should know about IIoT & Predictive maintenance
Well, as you may have guessed, we have given a tech twist to the famous proverb – a stitch in time saves nine. However, mind you this is no tongue in cheek statement; nor mere wordplay. Knowing what could go wrong in real-time and acting …
