Blogs

IoT

Blogs

IoT
Things you should know about IIoT & Predictive maintenance
Well, as you may have guessed, we have given a tech twist to the famous proverb – a stitch in time saves nine. However, mind you this is no tongue-in-cheek statement; nor mere wordplay. Knowing what could go wrong in real-time and acting on it before it even becomes a risk – especially in manufacturing, transport, and process industries – has a huge impact on the top line as well as the bottom line. Thanks to Industry 4.0 Solutions – Industrial IoT and Machine Learning, Digital Transformation Services, we are now entering into ‘Predictive Maintenance’ from Reactive Maintenance and Routine Maintenance. The technology side of IoT can be understood as ‘seamless, real-time control through automation’ i.e., connecting a variety of sensors and using that network to run a factory on a day-to-day basis or get information (remember, this is possible only when you have the expertise of an expert IoT app development company backing you up). The business value is in taking that to create actionable insights. Predictive Maintenance for sure. It is a no brainer that Predictive Maintenance focuses on how to predict when certain conditions are going to when machines will fail. What is exciting is that with the advent of IoT and Machine Learning and the ability to do it at scale, Predictive Maintenance is not the preserve of large organizations any longer, but is available for any asset-intensive industry application. In fact, Industrial IoT applications & solutions have been changing the way we do predictive maintenance for the last few years. We can now have real-time monitoring devices at a low cost that sends data to an algorithm on a continuous basis. With the added power of Machine Learning, it can detect whether there is something going wrong with a machine… make a prediction.
Gengarajan PV
September 24, 2020
5
min read
IoT
Digital Transformation in Construction: Challenges, Technologies and Solution
Digital transformation, unlike others presume, is not exclusively destined for any specific industry. The construction industry is undergoing a rapid transformation and top brands have already transformed their conventional process, technology, and systems with brand-new smart solutions. Why the construction industry needs a digital revolution? If this is the question you’re seeking answers for, well, here’s the answer. The construction industry involving a lot of complex processes, resources, and tools for any given project is never short of challenges. Some of the common challenges every construction firm faces are productivity, communication, product traceability, employee safety, on-time completion, leading to the lowest profit margin and unhappy customers. However, the introduction of techno-enabled digital solutions like IoT-enabled application, RFID tracker, QR-code scanner, asset tracking app, web apps (thanks to digital transformation services) has started to impact the industry and the construction experts have started to shift their eyeballs towards the future technologies to improve profit and customer satisfaction. Before diving deep into the discussion of how modern technologies and digital solutions will transform the construction industry, let’s develop some insights on the challenges and how they impact the RoI of the companies. Loss of productivity Lack of product traceability/material movement Poor resource utilization, management Insecure and unsafe project environment
SHIVA SANKAR
December 3, 2020
5
min read
IoT
Digital Transformation: CEO’s Perspectives for Business Transformation Success
Digital transformation is one of the most echoed terms in the business landscape today. A major roadblock most companies face when it comes to digital transformation success is the leadership buy-in and this boils down to understanding what exactly a CEO of or top C-level executives of a digital transformation or web application development company goes through when it comes to transforming their businesses with cutting-edge digital solutions like Mobile app development, Web app development, IoT, RPA, AI, etc. Despite the debates on the CIOs have to lead the digital transformation from the front to achieve success, the role of CEOs can’t be overlooked as both CIOs and CEOs have to collaborate together at some point to ensure the painless transition. 90% of CEOs shoulder the transformation roadblocks and challenges according to reports. But the real problem with most companies is that many CEOs still don’t understand the role of marketing the strategy to stakeholders, clearing roadblocks on aligning resources and re-defining the future culture of the organization fully. Here comes the significance of partnering with renowned digital transformation services. This post is all about decoding digital transformation from a CEO’s point of view. The post will help you identify some of the challenges CEOs face when settling out for digital transformation and how to mitigate them.
SHIVA SANKAR
February 14, 2021
5
min read
IoT
How to close the IoT skills gap and revolutionize business productivity
The world of digital transformation has advanced rapidly in recent times: cutting-edge technologies like Big data, Cloud computing, Artificial Intelligence and the Internet of Things (IoT) have revolutionized the business landscape. IoT in particular is one of the driving forces of Industry 4.0 solutions. Thanks to the intelligence enabled by IoT, devices can be programmed to work in unison to produce output on an assembly line. It can collect data on the status of the environment and equipment, allowing businesses to deploy predictive maintenance and automated recovery after failures. A fascinating aspect of IoT is its ability to exchange data with analytics programs that can improve and iterate workflows and processes on the fly. The idea of a “smart factory is a reality today: According to statistics cited by The Atlantic, 67% of industrial manufacturing companies have an active smart factory initiative”. Manufacturing is not the only industry, which is harnessing the potential of IoT and IoT app development companies to improve business processes. Internet-connected sensors and smart technologies will enable farmers and agriculture workers to better track crops and livestock, measure data on farm resources, and allow drones to help survey land. These are just some aspects of what is known as precision farming. Smart meters enable a more granular recording of energy consumption and allow utility companies to more accurately bill consumers for consumption. Additionally, smart meters can help track the amount of energy, which users of green technology send back to the grid, allowing them to be credited. In the supply chain industry, RFID (Radio-frequency identification) scanning technology is being integrated with IoT to achieve a wide range of benefits including, combating counterfeit goods, allowing near real-time updates to inventory and asset tracking systems, and detecting environmental conditions (humidity, temperature, etc.) that could compromise deliveries. Clearly, IoT is for everyone: no matter which industry your business operates in, IoT can improve visibility and productivity for your business. That being said, embracing automation requires a shift in strategy. It’s imperative to train employees on IoT to achieve a successful transition. According to NASSCOM’s recent ‘State of IoT: The Post Pandemic Resurgence’ report, with IoT investments, predicted to go up to $15 billion in 2021, building IoT technologic skills at scale will be required in the next 4 to 5 years. Thus, workforce upskilling in IoT has become the need of the hour for organizations. Here are a few good reasons why you should prioritize IoT training:
Gengarajan PV
November 1, 2021
5
min read
IoT
Smart vs. Traditional Manufacturing: A “Never-Before-Seen” Comparison
Manufacturing is an ever-evolving industry and data shows that the industry contributes to the significant amount of revenue to any country. With said that, the industry leaders have started to shift their focus from traditional to smart manufacturing using industry 4.0 solutions as they offer a plethora of benefits to operators, managers, and executives of companies under this sector. To add to that, partnering with a right IoT app development company can’t be ruled out as well. However, a recent study has indicated that still, some companies haven’t taken the smart way (partnering with digital transformation services) to improve the way they work and struggling to accelerate productivity. This post is all about helping companies, still believing only in traditional systems, with specific details and benefits of how smart manufacturing will take their business operations and customer satisfaction to a new level. Industry 4.0 solutions have taken manufacturing by storm. According to a Forbes report, the new machines, devices, and robots will help companies produce better with little human inputs. And according to the Deloitte University Press, Industry 4.0 brings in the physical-digital-physical link. That means the advanced technologies will pave way for connected enterprises that operate smart and deliver unparalleled customer satisfaction. Before getting started with here are a few challenges the industry faces with the manual-only approach.
SHIVA SANKAR
November 24, 2021
5
min read
IoT
How IoT is Streamlining Asset Management
Effective asset management is key to gaining a strong competitive edge in manufacturing. It has a significant impact both on operational productivity and the company’s bottom line. The advent of IoT has radically transformed asset management: remote asset tracking, automated asset workflows, and predictive asset maintenance are just some of the ways in which IoT is revolutionizing asset management. Big Data and IoT in asset management help make things and spaces smart and connected. It equips management with important information related to the status, location, and conditions of the assets, enabling continuous monitoring in real-time. They also provide real-time alerts, predictive analytics, automatic reporting, and data insights to help manufacturers identify and address any opportunities for improvement. IoT and Big Data systems for asset management engage a wide range of technologies like GPS, beacons, sensors, and meters as well as data analytics, visualization, and management tools. For example, in a storage facility, a sensor-based IoT in asset management can continuously monitor the temperature and humidity and, using actuators, maintain balanced conditions for the safe storage of sensitive items like medical products. Ultimately, IoT-powered solutions enhance throughput and quality, resulting in better business outcomes for manufacturers. In this two-part blog series, we’ll dive deep into the role of IoT in asset management, how it works, use cases, and the potential benefits, allowing you to transition successfully to IoT-based asset management.
Gengarajan PV
March 22, 2022
5
min read
IoT
Digital transformation: 6 Ways to Improve Your Workforce Performance and ROI
Gartner believes digital transformation requires making existing processes more efficient and creating or unlocking new value for customers. It allows organizations to understand modern buyers, interact with new ones, and meet their expectations through multichannel customer experiences. Ultimately, digital solutions meet customers’ expectations and open up new business opportunities. Digital transformation is vital for more than just taking advantage of new opportunities to grow and scale, it can also prove critical in shaping the future of some businesses and industries. New technologies and improved customer experiences are the main drivers behind companies investing in digital transformation, but the biggest reason for prioritizing this transformation is that it will enable them to take advantage of new growth opportunities. Leveraging advanced technologies enables companies to shift their business models and adjust to the new normal. Many companies are becoming more conscious about their customers’ experiences, and 92% of leaders are developing complex digital transformation strategies for improving consumer experiences. While there is no question that digital transformation is essential for improving customer experiences, companies investing in technologies that enable their employees typically experience vast improvements in employee engagement and company productivity. Digital transformation is the practice of using technology to dramatically alter one’s business to chase new revenue streams and business models and avoid disruption.
Nandhakumar Sundararaj
January 7, 2023
5
min read