There is no doubt that technology evolves at a fast pace: new devices and systems constantly vie for consumers’ attention. And many of these new technologies offer endless opportunities for businesses to grow. Industry 4.0, for example, offers manufacturing companies the possibility to collect and…
Industry 4.0 is already here: a data- and artificial-intelligence-driven smart manufacturing model. This technology now makes it possible to anticipate equipment problems and solve them before they occur. How? Thanks to predictive maintenance solutions. Transformative technologies, like robotics, augmented reality and, more importantly, the Internet…
Manufacturing companies are constantly striving to meet targets and achieve goals. Some of these goals include boosting sales, reducing manufacturing costs, increasing the bottom line, improving production efficiency, and reducing downtimes. These goals aside, increasing efficiency can help towards meeting other targets. Why? Because it…
The last few years have seen some big changes in the manufacturing sector. And the digital transformation has introduced both new solutions and new challenges. As we head into 2023, after a year of financial and political turmoil and rising costs, the only certainty is…
What if you could prevent equipment breakdowns and save time, labor, and money? Then, preventive maintenance in manufacturing is the answer. The benefits of IoT preventive maintenance solutions are, on average: a 25% increase in productivity, a 70% breakdown reduction, and a 25% decrease in…
The Internet of Things is a network of all sorts of connected devices that allows digital transformation in many areas of our lives. It also signals the promise of hyper efficient, smart cities. What is the effect IoT has on business? A recent report from…
Nearly every aspect of modern life generates data: smart watches monitor steps and heartbeat, smartphones can track our location at any time, as well as what we are considering buying. Some insights are beneficial for the customer while others benefit the product maker. This technology…
Combining machine learning and IoT is leading to a steady rise in the use of digital twins in supply chains. These digital twin models have different applications. Sensor-generated real-time data establishes the connection between the virtual and the physical model. Data lakes, IoT, and machine…
We are seeing a variety of innovative IoT implementations. The Digital Transformation Revolution is well under way. Even though most of our infrastructure is already in place, there are still many parts that need to be connected. The industry will only reach its true potential…