NEWS & INSIGHTS

Applications and benefits of IoT to the manufacturing industry

The manufacturing sector is a highly competitive and an efficiency-critical industry. Companies and factories are forced to adapt quickly to new business environments and evolving needs. As a result, those businesses are increasingly investing in automation to support productivity, reduce downtime and meet market demand and one of the most common and sought out solutions is the implementation of industrial IoT. In the U.S. alone, valuation for IoT is projected to reach $1,3 trillion by 2032.

IoT, which is translated by the use of smart machines and devices, brings several benefits to the manufacturing industry and they cannot be overlooked:

1) Predictive maintenance

One of the biggest challenges of the manufacturing industry is unplanned downtimes that may have a dramatic impact on productivity and supply of goods to the market. With IoT, manufacturers are now able to analyse the condition of their machinery and equipment to predict their failure before they even happen and plan accordingly. If there are any indications that the machines need special attention, the maintenance and production departments are alerted immediately. The IoT devices can monitor the level of oils, the temperature of the machinery, unusual vibrations and more. The data collected is analysed and compared with when the equipment is running in good condition.

2) Real-time production lines visibility

Manufacturers can have a holistic view on their shop floor operation processes, even remotely, and can draw data directly from the machines. Floor managers can get insights from the data provided, identify problems and look for their root causes. They can react rapidly and find appropriate solutions to avoid reducing the efficiency of the machines and the workers in the factories.

3) Reduced costs

Ultimately, IoT helps the manufacturing sector to decrease costs in several areas: energy and water consumption, costly repairs of machinery, automating manual input and data collection and processing through traditional methods.

The application and benefits of IoT in the manufacturing industry are even more than you imagine. To find out more about our innovative solutions to manufacturers, connect with our team of experts through connect@osmoz.mu.

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to explore how IoT can help your business make use of valuable data to improve its productivity and increase sustainability. connect@osmoz.mu