The future of IIOT in the Manufacturing Industry

future of iiot

It is mostly same as that you have already heard the terms (IoT) Internet of things or industrial Internet of things in manufacturing. However, if you have put them simply as if they are simply the latter in a long line of manufacturing fashion words, you are very wrong.

The reality is that IoT is not exclusive to manufacture. Rather, it is the inter-connectivity of the devices, and experience it every day. From smart televisions to smart kitchen appliances, these advanced features have transformed traditional technology and gave rise to the interconnected house.

The IOT makes our daily lives easier and more efficient, and in manufacturing, it is not different. In this blog publication, I discuss the impact that the Internet of things has had in manufacturing and what the future could bring.

IIOT in manufacturing.

In an industry where time is money, future of IIOT  offers great possibilities to optimize processes and maximize production yields in manufacturing. Essentially, the manufacturing legs are needed, transforming the traditional face of the factory.

Of course, there are many ways to take advantage of this potential within the manufacture, either attaching sensors to monitor the production capabilities of the machines or the easy generation of performance reports to obtain greater business visibility. In general, here are some of the main ways in which IoT has impacted manufacturing:

The creation of intelligent machinery, like the smart TV has made traditional television more intelligent, the IOT sensors and capabilities have been essentially updated in the existing machinery to increase the visibility of production performance. This facilitates the detection of delays, while minimizing downtime and improving general production.

Improved data collection and analysis: through the capture and easy analysis of critical data for companies, such as productivity and performance of waste, manufacturers can make more informed business decisions, reducing costs and improving quality and The overall performance.

Management of more efficient resource: With greater visibility of how a machine is performed and used, manufacturers can create actions to improve workers’ safety and productivity, and reduce consumption costs and energy installations.

In the commercial manufacturing systems of Kerridge, one of our successful IIOT projects is our award-winning project with ARLINGTON Automotive industry. The manufacturer of auto parts has a stroke per minute for machine presses, but the performance data was collected the next day, which gives you little opportunity to rectify any problem.

Through the use of Wi-Fi automation devices connected to a micro-switch in each press and linked to the ERP system of the company, we could create devices connected to IOT. We made real time data available through a customized control panel, we update every minute. The impact of this was enormous in terms of manufacturing efficiency, increasing productivity by 16%. This project helped us take home for the New Year Prize Software Innovation Application at the Awards European IT & Software Excellence Awards: You can read more about the project in our case study.

Future of IIOT

Iot Manufacture: Ignorance is happiness?

For some companies, especially SMEs, there is a temptation to bury its heads into the sand and wait for the last technological tide to pass, in an effort to avoid additional costs and interruptions to your business.

However, as success stories continue, it is clear that the IoT is much more than just the ultimate fashion of the industry, it has undoubtedly demonstrated its value to date and we can expect a continuous success in the future of IIOT. However, it is only guaranteed this success if you hug him. IoT is a disruptive technology that can not be ignored, those who make the risk of being left behind.

This is not a new phenomenon; The story is full of the disappearance of the brands that did not adapt to the technology that was changing around. The obvious examples are BlockBuster, a video rental mark that was not adapted to the growing DVD and video transmission market, and Kodak, who gave a success after the growth of digital photography.

If you want to avoid being the latest in a long line of marks that the ship was lost, it is imperative that you fully embrace the industrial Internet of things. Our examples may have occurred outside of manufacture, but it is a very real possibility within the industry. As consumers demand change, it can not remain still; You must react to your changing market and the IoT can help you do so.

History is full of the disappearance of brands that do not adapt to changing technology.

The future of the Internet of things in manufacturing.

With this in mind, what has the future for the Internet of things in manufacturing? While nobody knows exactly, observing the predictions of the industry, it certainly makes it a positive reading. In 2016, there were 6.4 billion things connected. This is a figure that Gartner expects to grow by 31% to a total of 8.4 billion, more than the world population, at the end of 2017. By 2020, this figure will reach 20.4 billion.

In the same way, GE Digital predicts that the industrial Internet of things will be more than double the consumer’s Internet, contributing for $ 11.1 billion per year by 2025.

This growth is clearly beneficial for manufacturers: Verizon predicts that those companies that take advantage of the power of the IOT will be 10% more profitable than those not. At the end of 2017, it is estimated that 60% of global manufacturers will capture and analyze the data using connected products. It is anticipated that this provides productivity improvements of around 15% for manufacturers. As the markets become increasingly competitive, the advantages like this cannot be ignored future of IIOT.

Of course, the continuous adoption of new processes and technology naturally causes safety concerns. Do you remember when we were concerned about the security of the cloud or the possibility of entering the details of the credit card online? It is a natural process, but nevertheless, concerns are still real.

By 2020, it is estimated that within a quarter of the business security attacks, it will be directed to devices connected to IOT. As it becomes an increasingly fundamental part of how manufacturers work, it is expected that IOT security expense increase. By 2018, the security expenditure of ENO World will reach $ 547.2 million, approximately twice as we were spending in 2014 ($ 231.86).

However, while potential threats for the IOT infrastructure may be present, it is clear that the positioned aspects exceed the negatives. With a commitment to maintain safety, it can reap the benefits produced by IID, improve productivity, efficiencies and cement its position in an ever competitive sector. There is no longer an option; The IoT in manufacturing is here to stay.

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