Downtime – Biggest Challenge in Manufacturing Industry According to a detailed analysis conducted by technology market research firm Vanson Bourne, around 82% of firms experienced at least one unscheduled downtime
The world of Manufacturing is on the precipice of extraordinary change. A report by Gartner says, “36% of manufacturing companies face disruptions and fall behind on operating cost competitiveness”. The
What is Edge Computing? We are in the midst of significant transformation regarding the way we handle and manage data,, thanks to the digitization of industries. The transition is so
Why is Machine Monitoring Needed? In the manufacturing world, organizations need to have an eagle view to see more and better. Because in the manufacturing world, the calculation is simple,
According to the McKinsey Global Institute, a leading business, and economics research establishment, manufacturing companies could reduce product development costs by up to 50% and operating costs by up to
Data and analytics are the two most important and critical components of Digital Transformation. Data is the new game changer and according to the latest reports, data-driven organizations are 19
The real value in Industrial IoT is that it can provide a lot of insights and foresight from sensor data, real-time, at the edge that can then deliver new outcomes.
“Better be three hours too soon, than a minute too late.” These famous words by William Shakespeare rightly denotes the importance of delivering early rather than at the last minute.
Steel plays a vital economic role and impacts the daily life of all. Steel is vital to every major industry, from the manufacturing of a blade, to railways, to air
The global pump market has been extremely volatile during the past few years with the decline of global oil and commodity prices. Pump manufacturers are looking for ways to minimize
In 4 years, more than 30% of businesses and organizations will include edge computing in their cloud deployments to address bandwidth bottlenecks, reduce latency, and process data for decision support
The question that the pump manufacturers ask today is, “how can manufacturers create new revenue streams while also competing more effectively in a global market which is fixated on lowest-cost
Maintaining the health of assets is critical to the success of any business. Unforeseen asset breakdowns and downtimes hit businesses hard. Accordingly, preventative maintenance is of the utmost importance. Good
What is a Smart Factory? A Smart factory uses technology to automatically share information digitally across the operation, including data from materials, people, and machines. Smart manufacturing relies on an
Introduction We live in a world of connected machines, appliances, sensors, and other devices. Driven by increasingly affordable and reliable internet connectivity, trillions of devices are being connected to the
The global research and advisory firm, Gartner defines digitalisation as “the use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the
Just like you visit the doctor, your industrial equipment needs a system to monitor its health. Last week, I visited a doctor for a throat infection. The doctor checked my
The real value in Industrial IoT is that it can provide a lot of insights and foresight from sensor data, real-time, at the edge that can then deliver new outcomes.
