Industrial facilities face an avalanche of data from connected sensing, automation, and facility systems. In most modern industrial applications, this data sits idle or underutilized. The emergence of IoT devices has added to this flow of data. By 2025, there will be 75 billion IoT devices worldwide–over 40 percent of IoT and automation devices in […]
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For factories and manufacturers, the need for cybersecurity is urgent. This is due to the concerns arising from operation stoppages caused by security incidents, resulting in loss of revenue. Unlike enterprise IT, system administrators face several issues within smart factory security, namely with difficult-to-eliminate vulnerabilities, the spread of malware, and flat network configurations. Furthermore, when […]
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IIoT initiatives can be major projects involving millions in custom development and integrations, years of work, and collaboration across all levels and departments of an organization. However, the result of such an approach is often a large, bulky, difficult-to-implement IoT “initiative” with no actionable use cases to speak of. Aside from the typically high failure rate of these IIoT projects, an unprecedented pandemic only exacerbated the problem. The question this begs asking: Why invest in digital transformation initiatives at the corporate level when you still don’t have usable data from the factory floor?
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In these times, there is no doubt that the advancement of digitalization in industry makes possible connected products and processes that help people, materials, energy, plant and equipment to be more productive and efficient. The repercussions for business processes should impact both the economy and the environment.This article covers various experiences and case studies in […]
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Predictive machining can be a complex subject, with most manufacturers assuming such use cases are far beyond their means, meant only for the future of manufacturing.The Data Science team from Machine Metrics has been working hard to identify and deploy predictive solutions at customer sites. Their work explains several different ways in which customers are […]
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Many plants within the United States have been around since that late 1940’s, if not earlier with the industrial revolution. An industrial challenge we are facing is finding ways to keep these aged, old plants running with the technology they were built with. Even though approximately 15% of all machines wear out due to age, […]
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Why the manufacturing industry needs communication standardsThe digital transformation has been underway on factory floors for some time now. As digital technologies emerges as a key factor for remaining competitive, the need for change gains focus. The sheer complexity of many existing systems makes data transparency and networking difficult and highlights why the production industry […]
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The Internet of Things (IoT) is creating a new dynamic in the industrial space, specifically manufacturing. Large manufacturing companies are moving to leverage IoT technologies and predictive analytics as a part of increasing profitability and staying competitive. In the U.S. alone, existing capital stock worth over $6.8 trillion dollars is being fitted with sensors to […]
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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 accessing the newest technology to go beyond a lean approach to manufacturing and adopt a total productive maintenance (TPM) […]
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McKinsey’s Global Institute predicts that IoT will have an economic impact of around $11 trillion by the end of 2025. The growing demand for automation, centralized monitoring, and predictive maintenance are leading the IoT technology most prominently in the manufacturing industry. With issues like abrupt outbreaks, disasters, and conflicts, manufacturers are increasing their search towards […]
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When pen-and-paper methods of tracking job efficiency left AccuRounds’ engineers and managers in the dark, the shop switched machine monitoring system. However, this brought morale challenges along with it. The data-driven practice quickly demonstrated the benefits of real-time monitoring. It also brought some tensions to the surface among shopfloor employees. AccuRounds’ story can serve as a […]
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It should come as no surprise to anyone that global manufacturing operations have been deeply impacted by the COVID-19 pandemic – with shocks to supply chains, pricing structures and growth strategies. What may be less obvious is how companies can intelligently use analytics to meet these challenges. Sid Verma, general manager of the manufacturing practice […]
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