Six Ways IoT is Changing the Face of Factories Worldwide

The industrial world is experiencing a digital revolution and IoT is making a considerable change over the last few decades. With the help of advanced technologies, the data is being utilized in a better way to increase operations, reduce expenses and improve productivity and basically offering a safer workplace. With IoT, particular machines are now getting replaced with novel systems that provide exceptional performance with sensors and intelligent controls.

As industrial efficiencies, cost-saving estimations and new technologies are unveiled, factories are now an explicit test space for new innovation. The next phase of digital transformation has a range of applications in factory automation. These applications shows a subgroup of IIoT use cases. Functional IoT rollouts initiate with definitive data collection and storage. A study by Wall Street Journal & Emerson found that industrial manufacturers have confronted with unplanned downtime and 42% of the time it is because of equipment failure. Yet, with the developments in machines via program and logic controllers the structure of fewer breakdowns has transformed.

Assembling a huge amount of Data

We can see there are many use cases for IoT Technology in the factory; the following are a few examples:

  • Patient safety tracking
  • Remote monitoring of entire system health
  • Asset trackingĀ 
  • Smart Cold Chain Management

Here everything begins with data collection and storage. IoT deployments frequently start with one end in mind but enlarge into other applications; after attaining sensors out into the factory and assembling data, new probabilities evolve out for what to do with such a huge data.Ā 

Apart from tracking and monitoring abilities, machine learning and other analytics approaches can be tiered to enhance and make sense of the data communicated by the sensors. The entire process is started with data, then proceeds with the extraction process to extract what is meaningful. Hence these industries notice the importance of recognizing the potential failures, their occurrence and significance. For resolving this issue, industries now utilize machine learning for quicker and smarter data-driven decisions.

Improving Operational Efficiency and Productivity

With device-level energy utilization data, manufacturers minimize their consumption and, hence, their energy spends. The automated aggregation, benchmarking and insights allow decision-makers to react rapidly and make better, more profit-strategic decisions. Improved mechanization and automation of physical processes can assist industries to build more things with higher quality more rapidly.Ā 

For instance, IoT can allow the remote access and operation of devices that manage materials in an assembly line. IoT systems can use advanced robotics technology to accelerate assembly line operations, regulate component creation, minimize product errors, product waste as well as automate QA processes.Ā 

Improving Inventory Management

Remote monitoring of factory processes can create data to allow deeper insights into acquisition and planning. By regulating fill-level monitoring of a given material, an IoT system can recognize employees when the material requires to be restored. It can dynamically indicate to employees when material supply orders require to be madeā€”minimizing unnecessary costs and improving inventory procurement.

Position and movement data from these trackers can be utilized to recognize not only where inventory is placed, but also whether the inventory space is being utilized effectively. Algorithms built by utilizing computer-learning AI systems may be capable to track and handle inventory better than a human counterpart.Ā 

If there are huge pieces of equipment that are divided within a facility (or between facilities), an IoT system can utilize data to propose where and when the equipment should proceed. Additionally, by gathering data on the utilization patterns of individual pieces of equipment, an IoT system can propose when equipment should be preventatively maintained.

Enhancing Maintenance of Factory Facilities

One of the most efficient ways to prevent downtime in a factory facility is a risk audit, which includes conducting a comprehensive analysis of all equipment and systems to recognize all the possible risks that could arise at the location. An IoT system that analyzes the temperature, humidity and power utilization of HVAC systems within a factory facility can cause remarkable cost savings and energy reduction.

A wireless network of smart sensors and devices can catch data throughout a plant and recognize when, where and how downtime can be reduced. It can also rectify deviations, flag maintenance requirements and assist to manage the facility. It can also integrate security measures into its monitoring, assisting assure peace of mind for facility operators.Ā 

Increasing Employee Safety

Increasing worker safety withĀ IoT in manufacturing is one of the best ways companies can tackle safety issues and risks. IoT systems can increase human safety in the factory with the help of minimized equipment failures, diminished product errors and more efficient process management. IoT system can transfer system information in case of any harmful situation occurs and other helping data to assure employees are informed and safe.

These unprecedented times call for the utilization of new technologies, where employee health in the factory is of prime concern. IoT devices help to implement contactless systems to compose your facility for beginning in light of COVID-19, keeping employee safety by analyzing sanitization and hygiene practices, track adherence to mask-wearing rules and optimize your workplace to keep specific distance between team members. For conditions where tagging individual employees are not possible, IoT systems can also recognize congestion levels room-to-room and can give safety warnings when there are too many people within a surrounded space.Ā 

Experiencing Compliance Measures

IoT teams must be informed about current IoT compliances and how they can apply them in their products. Governments all over the world are moving out regulatory guidelines for companies trading IoT products ā€“ hardware or software ā€“ to observe. Remote monitoring of factory services can assist assures that compliance KPIs are visible and available.

By interfacing these KPIs, automating reports and identifying concerns at an early stage, IoT systems can also support the fulfillment of compliance measures. In addition to productivity gains, inventory optimization minimized maintenance costs and increased employee safety, IoT systems can support compliance on several fronts and can allow organizations to generate new KPIs that werenā€™t previously available.Ā 

All these use cases help to minimize costs: financial, legal and social. As IoT generates a huge amount of valuable data around processes, IoT systems can easily become an effective place to start in order to enhance processes smartly and sustainably.Ā