Internet of things is still evolving. IoT has already been introduced in many manufacturing sectors but it is yet to be explored to its optimum potential. No one really knows what the full potential of IoT is as the next few years can lead to technological developments that are yet inconceivable or deemed to be in the realm of educated speculation.
IoT has been inducted in industrial manufacturing. Many people have started referring to it as IIoT or industrial internet of things. Many companies have already documented the nature and scope of impacts of IoT. Here are three ways the internet of things is improving industrial manufacturing.
Connected manufacturing influences almost everything, from supply chain management to costing estimates of sales and business development teams, floor supervisors to factory managers who can intervene on the basis of big data analysis, interdependencies can be regulated, and the manufacturing cycle time can be reduced.
Inventory management, remote monitoring, location tracking and even services offered by manufacturers get a massive boost with internet of things. But one of the most profound ways connected manufacturing is changing or improving is in the approach to quality assurance.
Compliance is always a steep challenge. It is not just about product quality. Every component in an assembly line or every device in a factory must work perfectly. If anything is amiss or there is an error that can disrupt the whole process, then the financial fallout can have grave consequences. The whole manufacturing process can be monitored proactively and early detection of errors can save a fortune, avoid downtime, ensure productivity and lead to impeccable quality management.
Something as quintessential and basically simple as a valve in a major system can disrupt the whole process and cost a company seven hundreds of thousands of dollars due to downtime, loss of material and potential hazards and this is why a strong JD Edwards team is needed to make sure your facility is always running as efficiently as possible.
Whether or not the valve is properly sealed or closed when it should be so can be easily checked with sensors. A sensor can detect any such anomaly in a large or small setup. Every apparatus in a manufacturing unit can have smart systems detecting issues and they can be addressed even before there is a problem.
It is not uncommon for companies to have major crises due to preventable issues. It is also not uncommon for manufacturers to have produced faulty products that are detected only after the production is complete, at times after packaging. IoT has changed the entire premise of manufacturing in this context.
Advanced manufacturing has always been about more efficient systems. Companies have always wanted to improve productivity without increasing the workforce. This is essentially why businesses invest in upgraded equipment. Internet of things contributes to automation.
In fact, the kind of automation possible with IoT is unprecedented. Coupled with robotics and artificial intelligence, IoT is also ushering in an era of autonomy for machines.
Manufacturers can now rely on machine learning, artificial intelligence, self detection and correction for the systems to effectively take care of themselves. Errors can be avoided, problems can be proactively detected and resolved, the automation itself can be autonomous which means there is minimal to no human intervention and the whole apparatus can keep improving itself based on the data compiled and assessed.
Autonomous systems are not in the realm of speculation. There are energy companies and utilities providers that are using such systems. Electricity providers use such systems to detect if there is a power failure or lack of supply in a grid and the problem is rectified without any human intervention. Many industries are already using autonomous systems that can heal themselves without any response from humans.
Perhaps the most important benefit of internet of things for humans is safety. Every manufacturer knows how important safety is and it is always the topmost priority. Internet of things can ensure unfailing safety of humans.
The smart systems can also ensure safe functioning of all equipment. All processes will be regulated to avoid any untoward development. Smart systems can recognize and assess risks to safety much before humans can. Real time monitoring and actual intervention make internet of things relevant and to an extent integral to safety of plants or factories.
Chris Giarratana is a digital marketing consultant who works with small business and nonprofits. He helps drive conversions and boost sales through SEO marketing, freelance copywriting, and PPC management.