From streamlined production to personal connections
Beginning with optimization and continuing to responsive automation of production, IoT allows manufacturers to create smarter factories that operate more efficiently at a lower cost.
Connecting things also provides ways to better connect with people. With connected products, manufacturers can extend their customer relationships far beyond the assembly line.
IoT adoption is a journey, but not always a linear one. You may want to improve maintenance on the factory floor, or you may be ready to jump into a Product-as-a-Service (PaaS) business model. Below, we cover some use cases and benefits to help you get going with manufacturing IoT.
Connected assets can “request” service when they need it. This optimizes asset performance and frees up time for service personnel.
Asset Management and Tracking
Connected assets allow for more precise inventory management, optimized logistics, quality control, and theft detection.
Parts Inventory Optimization
Optimizing parts purchasing, inventory and replacement is easier when IoT devices report what they need and when they need it.
To ensure performance and quality, all assets can be remotely monitored. If a problem occurs, an alarm is sent and product can adjust accordingly.
Connected assets coupled with digital representations provide the ability to remotely perform dangerous jobs or access hard-to-reach assets.
Production becomes more flexible and responsive with unified systems of connected assets that collaborate in real-time, no matter where they are located.
Product Development and R&D
Product development can now be based on real usage data, with offerings that adapt to end-user needs.
Aftermarket services and digital add-ons for IoT devices allow manufacturers to create new business models and streams of revenue.
Monetization and Brand Relationships
IoT devices create an easier path to consumer adoption and interaction when customers can skip up-front investment and pay for services on a per-usage basis.
Over The Air (OTA) Upgrades
Remote configuration and upgrading enables faster release of software improvements, and allows a device to evolve and adapt over time.
Improved Customer Support
Addressing the needs of customers and partners becomes easier with increased data from products and assets