How to Capture the Right Type of Data

How to Capture the Right Type of Data

When it comes to collecting data with industrial IoT within the world of manufacturing, it isn’t just about quantity. It’s also about the quality of the information that you are gathering from various machines; manufacturing data…

Machine Monitoring: Your first step in Industrial IoT

Machine Monitoring: Your first step in Industrial IoT

The first step in adopting Industrial IoT is Machine MonitoringIndustrial IoT is the wave of the future for manufacturing. Why? Because the goal in any plant or on any factory floor is to reduce costs to improve…

Implementing Predictive Analytics Outside the Factory Floor

Implementing Predictive Analytics Outside the Factory Floor

A growing number of manufacturers, particularly those with large global footprints and complicated supply chains, have realized the power of predictive analytics. However, many are not taking advantage of this technology for larger, strategic decisions. Some…

MachineMetrics Announces $11.3 Million Series A Funding Round

MachineMetrics Announces $11.3 Million Series A Funding Round

MachineMetrics, which equips factories with the digital tools needed to increase productivity and win more business, announced this week it has raised $11.3 million in Series A financing. Tola Capital led the round with participation from existing…

The actual cost of downtime in the manufacturing industry

The actual cost of downtime in the manufacturing industry

Unplanned downtime remains one of the most expensive and disruptive challenges facing manufacturers today, with industry estimates placing the average cost at $260,000 per hour for large-scale operations and well into the millions for sectors like…

Tracking Industrial Assets for Better Business Decisions

Tracking Industrial Assets for Better Business Decisions

While Industrial IoT continues to mature, many customers are hesitant to share project details for obvious competitive reasons.  As an alternative, it can be useful to look at potential use cases to see how IoT can…