Introduction The idea of IoT is simple: devices, sensors and other “smart” objects are connected to the Internet, allowing them to collect and exchange data. IoT helps companies track and manage their assets, such as containers,…
IIoT World analyzed predictive maintenance deployments across manufacturing, chemical processing, and power generation to quantify the real-world cost savings. Research from McKinsey demonstrates that manufacturers can reduce overall maintenance costs by 18 to 25% and cut…
The Industrial Internet of Things (IIoT) is at the forefront of the industrial revolution, reshaping various sectors, with asset management being a prime beneficiary. By seamlessly integrating intelligent devices, sensors, and cutting-edge analytics, IIoT is not…
The COVID-19 outbreak has accelerated a digital transformation (DX) in the manufacturing industry, notably in the area of enterprise asset management. With the emergence of Industry 4.0, maintenance has stepped out of the shadows. Organizations are…
High logistics costs, the lack of skilled labor, employee conflicts, and the complexity of the global supply chain – these and other factors encourage manufacturers to resort to distributed production. Outsourcing a part of the manufacturing…
How Maintenance Excellence can reduce downtime, overall maintenance costs and worker stress while boosting plant efficiency In recent blog posts I’ve explored how Asset Performance can affect your plant’s economic return. With Asset Reliability as the…
Asset tracking is a big topic, with more than a little relevance to the Industrial Internet of Things. Although it can do quite a bit for your business, it won’t solve every problem. Also, even the…
Most people don’t associate the IoT (Internet of Things) with earth movers, dump trucks and other heavy industrial equipment. But for construction, oil and gas, waste management and other industrial businesses, IoT has become an increasingly…