How IoT Can Improve Industrial Efficiency
Barbara IoTBarbara IoT
In the current context of Industry 4.0, improving efficiency is key to compete in the market.
Thanks to the Internet of Things (IoT), companies can collect more and more data. What we do with this data is what allows us to create efficiencies and improve productivity.
IoT allows us to collect reliable and safe real-time data and transform it into very useful information for businesses. With it, we can reduce the consumption of resources to improve our efficiency and productivity.
IoT allows us to collect reliable and safe real-time data and transform it into very useful information for businesses. This helps to reduce the consumption of resources to improve our efficiency and productivity.
In this sense, the Industrial Internet of Things (IIoT) is gaining a more solid position as it evolves, connecting machines and devices in strategic industries like agriculture, the manufacturing industry, logistics or energy production. In these sectors, continuous improvement and optimization of industrial processes are crucial. To achieve this, companies must maximize the knowledge they have at each of the points of their different processes. Thus, they can detect when inefficiencies, bottlenecks or excessive resource consumption are taking place. Thanks to this information, businesses can make reasoned business-driven decisions.
Although it's true that processes differ from one company to another, there is a series of common patterns in the industrial sector. In this article, we're focusing on the processes corresponding to inventory management, manufacturing, and distribution. Through sensors located in warehouses, vehicles, machinery, premises, etc., the following data may be obtained:
Once this data is collected and converted into information, companies can act in areas such as the following:
These four areas are examples of how data obtained through sensors located at all points of the value chain can help create efficiencies to companies. However, the possibilities offered by IoT in the industrial sector are endless.
To explore these possibilities and exploit them to the fullest, companies cannot forget about taking care of cybersecurity. It's necessary to have an IoT provider that can extract all this data reliably and safely, and thus avoid possible security failures, which would generate huge losses for the business.
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