Industrial IoT in Manufacturing ? Leaping A Step Forward

 Ankit Kumar
  Aug 23, 2018

“The IoT is being called the fourth industrial revolution and is expected to have a value of over $ 10 trillion by 2025.” – McKinsey Global Institute

Since the advent of Industrial Revolution, technological advancements have led to an exponential rise in productivity and profitability of industry segments all over the globe. From one to another and onto the 4th one, the industrial revolution has witnessed drastic changes in the way businesses have perceived technology and embraced it with open arms. Today, we are in the middle of Industry 4.0 – transfiguring and shaping the future.

With the upsurge of a new digital industry wave, there are multiple advancements that are playing an important role in the IT world. Different facets of sensors, machines, IT systems are getting connected across enterprises and these connected components can interact with each other with the use of modernized arrangements that is able to help businesses analyze data, predict failure and acclimate to deviations. One such industry that has been carving a niche for itself and is embracing the industrial revolution with open arms is the manufacturing industry. Today, manufacturing IT services and solutions act as a catalyst to empower business. The faster processes, efficient administration and cost-effective operations are increasing productivity in the manufacturing industry. This business zone has already witnessed the effect of the first three revolutions. The fourth one is powered by the innovative Internet of Things (IoT) clubbed with other novel finds like sensors, 3D printing, predictive data analytics, AI, machine learning etc. The usage of Industrial Internet of Things (IIoT) and IoT app development has proven its worth in the manufacturing units with the physical structures getting intelligent, collaborative and near real-time. IoT driven enterprise mobility has been powering productivity and profitability for the manufacturing industry, to an effective extent.

How is IoT Solutions & Services Highly Influential in the Manufacturing Industry Growth?

“The IoT is big news because it ups the ante: ‘Reach out and touch somebody’ is becoming ‘Reach out and touch everything.’” – Parker Trewin

Before IoT came into the picture, there was a limited reach of the sensor and machine networking with intelligence and analytics to a restricted extent. But with Industrial IoT coming in, increasing number of devices are connecting and collaborating seamlessly fastening, enhancing and enriching the manufacturing process cycle. Controlling becomes central, data is available anywhere, anytime and hence decision making becomes distributed, fast and real-time. Manufacturing industry software solutions boost profitability and profitability by a large margin with help of IIoT based strategies.

Following are certain basic business objectives that manufacturing units look at while enhancing their efficiency and effectiveness:

  • Best quality output within restricted time and budget, with enhanced operational efficiency despite fluctuating business requirements
  • Keeping abreast of latest technologies and transforming manufacturing processes accordingly with the help of efficient IT partners
  • Imbibing latest manufacturing procedures to be in sync with business needs with the best use of resources and the least disturbance in daily operations

Following are the prime areas in the manufacturing industry where IoT plays a significant role:

  • Manufacturing Processes

There are vivid processes that form the crux of the happening industry – operations management, asset management, smart manufacturing, performance monitoring and assessment, comprehensive visibility and analytics to name a few. IoT has helped in enhancing and fastening each of this process by a large extent.

  • Production Asset Maintenance and Management

In various areas of production, IoT helps in monitoring, tracking and managing manufacturing activities related to assets along with high-end quality and performance.

  • Field Service Areas

IoT offers its excellent service in different areas of service like the manufacturing plant, warehouse, supply chain, customer site etc. It also includes product related and business-related services. Information exchange between different components becomes easier, faster and effective with the help of IoT.

  • Observing Production Flow

When it comes to monitoring production flow related activities like flow optimization, elimination of waste, optimization of work in process inventory etc., IoT surely helps big time.

  • Maintenance Activity Alerts

Ensuring machine obtainability with maximum uptime, minimum downtime and increasing throughput are some of the activities managed easily with the implementation of IoT technology.

Key Challenges That Need Focus While Going for IoT App Development for Manufacturing Industry

Any change that comes, comes with its own set of challenges. There are certain focus areas that need extra attention while implementing Industrial IoT in Manufacturing IT solutions and services:

  • Since the entire gamut of information is accessible to the globe via remote devices and the Internet, there are high chances of data malfunctioning or data breach. Hence, security is one very important aspect that needs to be taken care of.
  • If the information received through sensors is not time-bound it is tough to treat it as genuine data. Dependability plays an important role while implementing IoT in manufacturing industries.
  • Having almost cent percent connectivity is essential but almost impossible. Hence, there have to be precautionary measures that act when connectivity is lost, with the least damage or loss of data.
  • Not all manufacturing organizations can get modernized completely. Hence, it is imperative to have a seamless collaboration of IoT based systems with legacy systems to avail maximized RoI and seamless functioning of all systems.

There is a lot happening on all fronts. The manufacturing industry is growing by leaps and bounds. So is the Internet of Things technology. The boundless unfolding of innovative technologies like IIOT has carved a sharp curiosity for industry segments all over. It is going to be exciting to watch Industrial IOT show its potential, for the manufacturing industry segment, across the globe with benefits growing further and productivity increasing exponentially.

Industrial IoT in Manufacturing ? Leaping A Step Forward

Ankit Kumar

A Tech enthusiast, Business Development Manager for Software Development firm. A good listener and reader. Global Enterprise Web and Mobility, CRM and Sales Force Automation Consultant. Interested in New Web, Mobile App, Big DATA, BI technologies, Engaging with new people around the globe.

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