If you think that the internet has changed your life, think again. The Internet of Things is about to change it all over again!
– Brendan O’Brian

IOT & WHY YOU SHOULD GO FOR IT

Internet of Things (IoT) is about creating a robust network of physical objects connected online for real-time monitoring. The sole purpose of online connectivity is to remotely monitor an object’s status, analyze collected data, & take the right decision to boost productivity targets. IoT relies on smart microsensors compatible with any machine that ensure online visibility. Its popularity can be judged from the fact that there are more than 30 billion IoT devices around the world in 2020. Every second 127 IoT devices are getting added online! In 2025, this figure is estimated to be 80 Billion.
The average growth per year for IoT is 33%, that’s a mammoth growth!! Talking about business growth in 2019, the total IoT market was 465 Billion USD, which will grow to 1.5 Trillion USD in 2030.

World markets are raving to adopt IoT due to its ease of use, cost savings, production efficiency, and compatibility with the latest technologies like ML, AI, Blockchain, and Microsoft Azure.

DIGITAL TRANSFORMATION IN MANUFACTURING

The state of manufacturing is continuously changing due to the dynamic forces of supply-demand, technological, economic, environmental, and policy changes. The best practices implemented last year might not work this year. This is clearly evident during covid-19. Closed factories, loss of wages, workers migration, absent manpower, and huge business loss were the main reasons that led to the underachievement of production and millions of Dollars of business loss. As you can see, digital transformation in manufacturing is not only about automating the manufacturing shop floor. It’s about changing a business mindset to solve crippling age-old problems transparently and effectively. We bring you ShopWorx, a popular IoT solution that works on solving your manufacturing woes. ShopWorx helps in the smooth conversion of traditional factories into smart factories. You get smart data management & decision making at the palm of your hand.

Our solutions offer in-depth plan to perfect the Overall Equipment Effectiveness (OEE) score. This is done through our unique production monitoring and predictive maintenance systems.

 PRODUCTION MONITORING SYSTEM

IoT in industry 4.0 is here to surprise you.

Wait no more for

• Traditional methods of data collection
• Reasons behind production delay
• Puzzled over multiple errors
• Never-ending wait for action Plan

ShopWorx offers real-time production monitoring of machines with their live online status.

The production manager sitting at a remote location checks in-depth machine performances on the manufacturing shop floor starting from

• Working status of machines (Uptime/Downtime)
• Tracking real-time production
• Real time machine usage analysis

All this is done through the seamless connectivity of devices. Sourced data is monitored, analyzed using graphics, pie charts, SMS, and email alert systems.
Sounds exciting for business? Yes, it is!!

IOT PREDICTIVE MAINTENANCE

You would be glad to know that IoT can successfully tap over the unwanted noise coming from industrial equipment to understand their health. To avoid unexpected breakdown and outages, IoT predictive maintenance enables real-time health analysis of noisy equipment. One can ask about the business problems that predictive maintenance can solve.
It can be

• Employee dependence for manual inspection of equipment
• Calling the authorized service personnel for equipment maintenance
• Sudden equipment failure, hitting production efficiency
• Absence of visibility on the health of equipment

IoT helps a lot in chalking out a solution like

• Raising automatic tickets for maintenance
• Using a vibration sensor to detect equipment noise
• Feed sensor data to Microsoft Azure (Cloud Computing service)
• Predict possible problems based on sensor data

Benefits of IoT predictive maintenance

• Automated dispatch of service
• High uptime of equipment

You would be excited to know that predictive maintenance has saved 5 – 7 Billion USD for Oil & gas, healthcare & transportation sectors.

Industrial IoT Applications

According to PWC reports, 90% of manufacturers believe that they will get long term benefits from digitizing the production process.

Here are the Industrial IOT applications:

• Increasing utilization rates of industrial machines
• Ensuring real-time production visibility
• Continuous monitoring of variables affecting productivity
• Monitoring environmental conditions in industrial space
• Automated monitoring of inventories
• Optimization of Supply chain
• Plant safety improvement
• Quality control

IOT IN MANUFACTURING

There are number of successful implementations of IoT in manufacturing industry.

• Digital Twins: It represents the digital replica of similar products.
• Smart Pumping: IoT devices turn off pumps according to pre-defined metrics.
• Self dependent systems: Creates self healing automated systems to regain control on downtime.

We at ShopWorx have some of the biggest success stories of implementing IoT in manufacturing.

We are only a call away to boost your business productivity & efficiency Contact us now.

CONCLUSION

IoT technology adoptability and connectivity is expanding at a rapid rate. It has vast potential to boost the availability of information and transform the way manufacturing is done. The world is waking up to the new industrial revolution. We should make sure, that we are not left far behind in the transformation.