Cost Savings Archives

March 18, 2025 · Discrete Manufacturing

The Business Case for IIoT in Manufacturing: Proving ROI with Real-Time Data

The Industrial Internet of Things (IIoT) is transforming modern manufacturing by enabling connected, data-driven processes that improve efficiency, reduce downtime, and enhance decision-making. Manufacturers increasingly rely on IIoT to optimize production, but proving its return on investment (ROI) remains a significant challenge. Due to the complexities of implementation and measurement, many organizations struggle to quantify […]

Predictive Maintenance: The Hidden ROI Driver Manufacturers Can’t Ignore

Every minute of downtime costs manufacturers thousands, sometimes millions, of dollars. Predictive maintenance, powered by real-time IIoT platforms, offers a proactive approach to avoid costly equipment failures and production halts.The Cost of Reactive MaintenanceTraditional maintenance approaches often rely on either: Reactive Maintenance: Fixing equipment only after it breaks, leading to unplanned downtime. Time-Based Maintenance: Performing […]

Predictive Maintenance in IIoT: Leveraging Time Series Data for Equipment Longevity

The industrial Internet of Things (IIoT) helps bind machines, sensors, and systems together. They form a network of intelligent devices working together to generate and share data. This approach to managing devices has revolutionized how industries manage, monitor, and maintain their equipment. This connected network provides visibility into equipment performance, process throughput, and overall productivity. Predictive […]