The recent technology buzz-words around us are Industrial Internet of Things (IIoT), Artificial Intelligence (AI), Machine Learning (ML) and 5G. When looking into the manufacturing industry, Industrial IoT platforms are featured to manage massive amounts of data to provide essential connectivity, which is much needed in managing a connected factory. Connected factories also make use of the latest technologies like machine learning and artificial intelligence. In this blog we have explained how Industrial IoT has become a necessity in manufacturing:
1. Manual data collection is Inefficient, Inaccurate, and not scalable:
With so many technologies availing, following a manual data collection in the manufacturing industry could be a terrible misuse of time and resources. Even a simple mistake like entering a wrong number in the spreadsheet plagues a system that’s already slow, siloed, and difficult to reconcile. With difficulties in data collection, coding, and other manual processes industries have eventually realized the need for software to streamline this process to acquire accurate data.
2. Performance isn’t as good as expected:
There is a general belief in manufacturing industries that equipment utilization is much higher than it is. But, the data collected from the equipment couldn’t be confirmed true without the help of automated systems. These companies are prone to being stuck at human input and interpretation errors, meaning they will end up spending more time reconciling the outdated numbers rather than making any improvements. So, it has become a necessity for manufacturers to collect production data in real-time, accurately.
3. Enterprise Resource Planning (ERP)/ Manufacturing Execution System (MES) don’t have Drive Vendor Selection:
ERP/MES solutions are often process-centric, leaving data collection to the manufacturer and not collecting data themselves. It is essential for the manufacturing industry to get a suite from Original Equipment Manufacturer (OEM) with ERP/MES systems as proprietary.
4. Building an in-house IoT Solution leads to failure:
It is common for manufacturing industry to build any system using existing infrastructure and in-house IT support. But the real problem is that companies don’t have the in-house expertise to manage or maintain a host of other systems. This leads to long hours, increased costs, constant upgrades, and difficulties in translating relatively large data into consumable information. The companies are pushed into a situation without any clarity on how the system should work. So, it is recommended to work along with a team like us who helps the companies identify the real cases and improve performance without being bogged down by existing infrastructure or data management issues.
By reading the blog you might have understood the necessity of manufacturing companies to use Industrial IoT solutions. The solution makes businesses to collect and use data in all possible ways by keeping up with the demands of the connected world.
Sterison Technology, a provider of various technology solutions to business and industries collects accurate, real-time production data by increasing operational visibility with reports and dashboards, notifications and workflows for an optimized and automated process. Contact us today to enjoy immense value and productivity in a matter of months.