Manufacturing a Solid Case for IoT on the Factory Floor
April 11, 2019 / Dan Jamieson
Sixty percent of global manufacturers will use analytic data recorded from embedded devices to optimize manufacturing and supply-chain operations by 2021, according to market intelligence firm IDC. That’s because small, inexpensive computing hardware such as low-cost wireless radios and sensors can wirelessly monitor and transmit data instantly on the state of any machine.
In fact, with the perpetual mandate to cut costs, operate more efficiently, achieve greater visibility into processes and minimize supply-chain risk, all manufacturers should begin investing in IoT technologies-if they aren’t doing so already. IoT’s many benefits can transform your business and set you apart from your competitors. There are risks, to be sure, but they can be mitigated so long as the project is carefully and deliberately managed. Fortunately, that’s what competitive manufacturers are already good at.