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IoT for business – use cases and examples

While the number of connected devices continues to grow at a rapid rate, IoT is no longer just about monitoring equipment behavior. Increasingly, the value of IoT comes from collecting machine data to identify actionable strategies that drive manufacturing efficiencies.

Read this short ebook to learn more about the top IoT use cases and examples that businesses can pursue quick, actionable insights.

IoT remote monitoring

In today’s unpredictable global economy, routine visits to check the status of a machine or to service it can be unrealistic and cost prohibitive. Remote monitoring of Industrial IoT devices offers several advantages to industrial manufacturers of all sizes. Connected IoT devices make operational and performance data about machines fully accessible anywhere and at any time.

Autonomous manufacturing with IoT

Autonomous manufacturing with IoT allows a company to spot potential problems in real-time and even perform proactive maintenance as needed. With the right connectivity and security features, companies can push software, firmware, and service pack updates remotely–without incurring the high cost of travel and labor.

Shop floor management with IoT solutions

Without Industrial IoT, gaining knowledge about a machine’s status and performance requires a physical visit to collect basic operational information. Shop floor management with IoT solutions can provide detailed data about machine performance in real-time. Data can then be analyzed to look for patterns and understand the inter-dependencies impacting overall equipment effectiveness and production.

Data analysis can optimize equipment performance, whether for a single machine or a complete production line, allowing an industrial organization to compare the performance of different machines and plants.

IoT digital twin

Closed-loop digital twins are increasingly being used in industrial settings to give OEMs new ways to design, monitor, and manage products by allowing simulations to become as precise as possible. An IoT digital twin can also be used to monitor and improve operations, evaluate what-if scenarios and help improve the design of a device.

IoT energy management

Increasingly, organizations are utilizing industrial IoT solutions to help in better understanding energy use, how to manage it, and how to reduce consumption and costs. Many industrial organizations are only able to monitor aggregated energy consumption for an entire facility, not on the shop floors.

IoT energy management can capture data on power consumption and process operating parameters for each machine on a shop floor. That data can be examined for usage patterns to time-shift heavy energy use and even develop corporate sustainability goals. Download this ebook to learn more about how you can future-proof your industrial IoT initiatives to accommodate perpetual innovation and growing complexity.