Top 6 IoT Use Cases in Manufacturing
According to Mckinsey, the Internet of Things (IoT) has already ideated fourth industrial revolution with a new wave of technological changes that aim to decentralize production control and trigger a paradigm shift in manufacturing. The wide scope of IoT attracts me to explore it even further. In my previous blog, I have shared Top 100 IoT Use Cases. Today, it is time to discuss the IoT Use Cases in Manufacturing in depth. Here it all, goes for you.
6 IoT Use Cases in Manufacturing
#1 Asset and Material Tracking
Asset and Material Tracking is all about asset availability and serviceability management. IoT brings in an integrated asset management system that ensures logistics optimization through easy location and monitoring of key assets. An asset tracking system comes with several benefits ranging from productivity, accuracy, compliance to accountability, utilization and visibility. So, its high time to go for your asset management software installed in a mobile computer and connected to Barcode/RFID printers.
#2 Industrial Automation
In the scope of industrialization, industrial automation is the second step beyond mechanization. It concentrates on the use of control systems like computers and robots for process and machinery handling in the industry. IoT exposes its industrial automation capabilities aiming to achieve industry wide unified communication leveraging various barcodes and RFID tags. Extraction of meaningful insights from the collected data adds a competitive edge to business.
#3 Connected Operations Intelligence
Ensure increased operational performance and ameliorated decision-making exploiting the booming connected operations intelligence. Combination, Analysis and delivery of insights from diverse asset silos can unify real time KPI visibility. This IoT use case enables new revenue streams shifting chemical delivery to real time consumable data based intelligent replenishment model.
#4 Unified Key Performance Indicators
Gain unified real-time visibility into operational and comparable performance leveraging operational information silos connection. IoT helps you monitor KPIs in real time using multiple systems. Dashboarding eases to gather information for problem diagnosis, bottleneck detection and corrective action assignment.
#5 Real Time Asset Health Monitoring
Harnessing the power of process intelligence, real time asset health monitoring drives a risk-based asset management strategy. IoT streamlines the path of downtime minimization and potential equipment failure avoidance through critical equipment monitoring. Opt for your real time asset health monitoring system today to ensure high consistency, scalability and maintainability.
#6 Operations Management Improvements
Exploit connectivity, interoperability, mobility and crowd sourced intelligence to support Industry 4.0 initiatives by existing equipment extension with ERP/MES Systems. Accelerate smart factory utilizing process monitoring, management and optimization.
As we see, IoT continues to grow bigger and bigger every day with more research, more innovation and more deployments.