How IIoT is Making the Smart Factory a Reality

How IIoT is Making the Smart Factory a Reality

Manufacturing Technology Insights | Friday, August 14, 2020

The smart factory is becoming a reality with IIoT as it is helping it track the production and other operations in real-time.

FREMONT, CA: Terms like the Internet of Things (IoT) or the Industrial Internet of Things (IIoT) have become extremely common. These networks of connected devices help in the communication of data to a centralized system so that valuable information can be derived from it. The network involves connected terminals, machines, and edge devices in the businesses. The data obtained from the network offers essential information like what is suitable for the company, the strategies that will help the business to operate efficiently, and many more. 

Industrial Internet of Things (IIoT)

Top 10 Smart Factory Solution Companies - 2020The IIoT devices are mostly utilized in the manufacturing industry along with the healthcare and retail sectors. The Industrial Internet of Things (IIoT) prioritizes the interconnectivity and data offered by sensors, terminals, and other systems available on the factory floor. Such data-fueled factories provide a smart environment that can inform the enterprises about its every function. Furthermore, these smart factories can also offer visibility related to the efficiency of the maintenance and performance in the factory and in real-time. The data provided by the smart factories will help the manufacturers to refurbish and enhance the operations. 

1. The Connected Factory

The machines and endpoints that have IoT sensors in it can communicate with the managers both inside and peripheral of the organizations about the operational information. The information might consist of managers, field service personnel, machine operators, and also partners like OEMs, suppliers, and subcontractors. The connectivity offers the companies with essential data to the operation managers and other relevant people over there. It helps the business owners to control operations and manage the factory remotely. 

2. Production Visibility

IoT connectivity offers continuous monitoring of the procedure so that they can enhance the performance regularly. It will be beneficial for the manufacturing operations if they can identify any issues in advance and fix them so that they can save the operational expenditure and IIoT can help them to do that. 

3. Better Inventory Management

The people who manage inventory can take the help of technologies such as RFID and IoT connectivity and use automaton for tracking. They can also report with the help of ERP so that they can prevent expensive mistakes, which might happen while working in the traditional inventory tracking system. Such connectivity will permit them the smart factories to track and recorded automatically in the ERP system.

See Also: Top Inventory Management Solution Companies

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