IoT in Manufacturing – Benefits, Trends & Smart Factory Solutions

We thought we had come a long way from hands-on manufacturing to machine-inspired production. But, there’s another end that IoT for manufacturing brought in this journey. The entry of IoT in manufacturing processes was caused by:

  • Increasing customer expectations.
  • Meeting the customized demands.
  • Supporting complex global supply chains.

“If you think the internet has changed your life, think again. The Internet of Things is about to change it all over again”.

                                                                                – Brendan O’ Brien (Engineer & Musician)

Overall, IoT has grown not only in manufacturing but in all sectors. There have been numerous surveys that spit out the same via numerical statistics:

  • The global IoT manufacturing market is expected to grow by 11.9% CAGR by 2026.
    (Source – Fortune Business Insights)
  • By the end of the same forecast period, market size revenue will grow to USD 87.9 billion.
    (Source – MarketAndMarket)
  • The news says that the North American market will grow, considering the current IoT vendors.
    (Source – GlobeNewsWire)
  • 35% of manufacturers choose to enhance their production processes by using the data generated from smart sensors.
    (Source – Mordor Intelligence)
  • CGI’s study states that around 62% of manufacturing enterprises have already executed digital transformation programs in their manufacturing centers.

IoT in Manufacturing & IIoT Industry 4.0 – How are They Related??

As Robert Cannon says, “Everything that can be automated will be automated.” Hands down, he is right!!

The emergence of IoT in the manufacturing sector has made multiple complex production procedures a game. This means that the Internet of Things has changed the realm.

After the invasion of the Internet, all sectors underwent a massive revolution. The manufacturing industry is on the brink of another revolution with IIoT (Industrial Internet of Things) knocking on its door.

The driving factors that made the manufacturing sector adopt IoT in their daily functioning are:

  • Reduced costs
  • Short time-to-market
  • Improved on-premise safety
  • Mass customization possibilities

IoT Solutions for Manufacturing Industry Definitely Needs One Thing!! Guess or Read This Section…

Maintenance is nothing new, but the methods to maintain expensive machines are:

1. Reactive Maintenance – Solution to a Problem

  • ‘Every action has an equal and opposite reaction’. This is the most basic and traditional type of maintenance.
  • Even a very short downtime in a large-scale business can bring many losses.
  • It is a primary choice globally.

2. Preventive Maintenance – Do What Needs to be Done

  • ‘Precautions are better than cure’ symbolize the notion.
  • The periodic maintenance and equipment checks are called Preventive Maintenance.
  • This is better than Reactive Maintenance.
  • The time interval between two such checks is short enough; hence this helps in diagnosing any possible breakdowns.

3. Predictive Maintenance – Foresee What’s Coming Through the LEns of IoT in Manufacturing…

  • Quite a new method of pre-repairing the broken down machines.
  • The chances of longevity increase because the organization can benefit from the longer operational period.
  • This also aids in predicting when the equipment can go down or what is a possible malfunction.

Dimensions of IoT in Manufacturing

As we said before, IoT has transformed the way production systems function. Let’s take a closer look at the three dimensions of digital transformation services in IoT Software Development.

Dimensions of IoT in Manufacturing

1st Dimension – Visibility into Shop Floor & On-Field Operations

Companies have observed a 20% rise in production lines supported by IIoT. This implies that the emergence of IIoT in the procedures has been beneficial. In fact, it is safe to say that IIoT has multiplied its production capacities.

IIoT technologies give vast visibility and control to management. This further implies that all the shop floor activities are better managed with the help of IIoT facilities.

2nd Dimension – Visibility into the Global Manufacturing Supply Chain

The manufacturing supply chain can be very complex when multiple parties are involved. Getting a clearer idea of every object’s status, location, and the condition becomes easy.

However, the Internet of Things allows much flexibility in the manufacturing supply chain. This enables the managers to create a watch party on the top level that can peep into the system.

3rd Dimension – Visibility into Remote & Outsourced Operations

There are many reasons to outsource in-house tasks. They can be the high cost of logistics, rise in customization demand, lack or unavailability of local/in-house talent, and complexity of the global supply chain.

Benefits of IoT in Manufacturing at a Deeper Glimpse

Each use case of IoT in the manufacturing processes is a boon to the sector. Let’s look at the IoT applications in the manufacturing industry in greater depth.

1. Internet of Things in Manufacturing Process Aids Behavior Monitoring

The IoT helps companies understand their staff performance using behavioral analytics data. In this case, one could determine how frequently a worker’s defection occurs. It translates into quality, security, savings, and improved scalability. This clearly leads us to believe that there certainly are improvements in efficiency resulting in higher manufacturing yields. However, the increase in output does not imply that the expenses also go up; instead, there is a reduction in the cost.

2. Connecting Remote Assets

A connected device or software system makes it possible to access various remote assets and services at any point quickly. It is possible to inspect these assets and monitor them for more control. More control also means that the authorized manager can meet the higher demands even when not on the factory premises.

3. Enhanced Machine Utilization

IoT is designed to connect computers to the Internet and provides insight into machine lifecycle and KPIs (Key Performance Indicators). The information provided helps the production team discover the cause of unexpected downtimes.

What’s better than optimizing the usage of advanced-level machinery aids in better quality products in lesser time?

4. Facility Management

The IoT sensor can detect moisture, temperature, and vibration. They identify conditions in which operations could be affected by adverse circumstances. Also, any leakage or breakage in the machinery components can be easily identified with the help of software solutions that are used to manage such devices.

Every bit and piece of the premise can be kept under surveillance, and smart sensors can help raise the alarm to alert people of possible dangers.

5. Asset Tracking

There is a possibility of humans committing errors, but machines can’t. Isn’t this why we rely on calculators more than finger counting by a vetted mathematician?

On similar lines, tracking assets, and counting machine components, parts, etc., can have errors due to human intervention. Instead, it would be better to track the fixed or variable assets with the built trackers.

6. A Helping Hand in Supply Chain Management

Manufacturing businesses can keep a tab on delays caused in the production process and the new estimated delivery time. Also, what exactly went wrong can be assessed in real-time. So, anything that can be prevented from adversely affecting the supply chain can be identified well. The Internet of Things aids in warehouse management system.

Now that we are on the same page with the advantages of IoT, check out this infographic to see the Industrial IoT applications:

Benefits of IoT in Manufacturing

How Does IoT in Manufacturing Support Digital Twin?

A digital twin is more than a virtual twin of the physical systems at your organization. They help in simulating the changes in them. Furthermore, they help in assessing the differences in performance and quality.

Three parameters on which the judgment of IIoT technology-supported digital twins depends:

  • Accuracy
  • Effectiveness
  • Efficiency

Trends of IoT in the Manufacturing Sector – For 100% Expert Production Quality

IoT Architecture is a web that has made the world extremely connected. Furthermore, check out these future Trends of IoT in the manufacturing industry.

1. Employee Safety

The cost of work injuries is not only monetary. It is more inclined toward workers losing their physical and mental health. Undoubtedly, the most significant number of accidents occur in this industry yearly. Smart sensors and wearables can help a great deal in being prepared with safety measures well in advance.

2. Security & Privacy

Data leaks and malware have become common problems today. Hence, encryption of important work messages, recipes, and manufacturing methods has become more than necessary.

3. M2M Automation

The primary purpose behind M2M automation is sensor data and transmit it to a network. The ERP system in-between helps in communicating with the machine. This trend aids in asset tracking and product restocking.

4. IoT Blended with AR & VR

Managing spaces and educating laborers about machine handling becomes easy with AR and VR. Virtual prototypes also help the manufacturers to understand the machine they would have to work on much better.

5. Big Data & Industrial Analytics

Digital content has two-folded in its volume. Big Data analytics makes analyzing such large volumes of data the task of a few minutes. Larger enterprises can benefit more from this method.

Will Excellent Webworld’s IoT-based Manufacturing Solutions Help?

Yes!!

BUT HOW?
Your one choice of digital partner can be a game changer in your business cycle. Excellent Webworld has not only spent but nailed providing Industrial IoT solutions. Visit the page to discover more about our well-established products…

IoT for Manufacturing – A Wrap-Up!

From IoT hardware and software engineering to customizing firmware programming — Excellent Webworld is the top IoT Software Development Company.

Optimize the production flow, control the quality, and resource productivity in your manufacturing processes. To know more, contact us!

Smart Manufacturing IoT in Manufacturing – FAQs

The Internet of Things in the manufacturing sector helps in planning, controlling, integrating, analyzing, and optimizing processes among humans, machines, systems, and networks.

IoT in the manufacturing industry aids in reducing machine downtime, improving machine efficiency, asset and inventory management. There is a lot that IoT in manufacturing helps in, read our blog to know more details.

The best company for IoT is the one that holds experience in the field, has skilled IoT device manufacturers, and is looking forward to making this planet a better place with various IoT development solutions. One such leading company is ‘Excellent Webworld’ with eleven years of experience in the industry.




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