Digital Manufacturing Trends: IoT Acceleration
The manufacturing industry is in the middle of Industry 4.0, which is about connectivity and data integration driving smarter factories and supply chains. It is based on Internet of Things (IoT) principles that allow an organization to bring in new data about the manufacturing process. IoT allows organizations to collect information from the shop floor and production line, that they have not been able to collect in the past. This information can be used to understand the correlation of variables to factors like equipment downtime, quality, and resource utilization. The digital transformation of IoT is allowing manufacturers to process new data and to decipher patterns from this data.
IoT is giving manufacturing the ability to work smarter and can drastically improve the visibility in manufacturing. Smart manufacturing will allow for all information from the plant floor and all along the supply chain, to be captured in real-time and visible for decision making purposes. When you can virtually track your assets, processes, and your products, your business processes can be supported and supply and demand can be optimized. Smart technology requires a lot of technology and a lot of knowledge. IoT can also be overwhelming if you don’t understand the risks.
At this pace, its highly likely the world of production will become even more networked until everything is interlinked with everything. There is a lot of benefits for manufacturing companies to adopt IoT and smart technologies, but to do so requires help. Please understand that the world is shifting towards the internet of things and smart technology with or without you. If you do not have an IT provider or are not happy with your current IT provider, call 2W Tech today and see how we can help you get the ball rolling.
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