
How IIoT is helping manufacturing businesses with global growth
IIoT is helping manufacturing businesses with global growth by providing the data and response required to optimise processes.
Billions of dollars are lost by engineering and manufacturing businesses every year through asset loss, waste, and inefficient and suboptimal processes. Much of this is as a result of lack of visibility both in-facility and whilst goods, parts and materials are in-transit worldwide.
Inefficiency is the scourge of businesses worldwide. The inability to understand where assets are, how long they’ve been there, and what conditions they have endured, makes effective management and problem resolution extremely challenging. This leads to waste, resulting in reduced velocity and profit, as well as negatively impacting the environment.
Things can’t be found or are in the wrong place:
The progress of assets through a process is vital to achieving efficiency:
The conditions assets endure determine usability and life:
Good business decisions require full visibility of assets:
IIoT is helping manufacturing businesses with global growth by providing the data and response required to optimise processes.
Asset tracking or locating systems are fast be surpassed by asset intelligence. The advent of Industry 4.0 and the data it provides is changing manufacturing forever.
The Fourth Industrial Revolution is here and everyone’s talking about the IoT – smart technology, disruptive innovation and machine learning. The impact of all this on logistics and manufacturing will be dramatic.
It can be daunting for teams to know how to incorporate Real-time Asset Intelligence into their businesses. We created The Asset Intelligence Ladder (AIL) to provide a step-by-step approach to implementation.
IIoT is helping manufacturing businesses with global growth by providing the data and response required to optimise processes.
Real-time Location Systems have been around for a while. But it is important to understand what they are and how they work before examining their future.
Pathfindr’s award-winning Industrial IoT solutions provide customers with real-time insights into their assets and processes. From indoor and outdoor asset tracking and asset monitoring, our consultative approach has helped transform businesses around the world.