Manufacturing uses a variety of pieces of equipment that require monitoring and timely checks. IoT technology allows managers to improve manufacturing productivity by making it much easier with sensor-based connectivity. Therefore, this improves efficiency and asset health and provides perks such as instant decision-making and progress towards a better future. 

Furthermore, manufacturers use modern technology like IoT to monitor machine health, connect critical equipment, and analyze machine vibrations, noise, fuel consumption, etc. This gives the entire industry an opportunity to be digitally transformed. Let us take a closer look at the industries that can make the most of IoT technology.

Transportation Industry 

Implementing IoT technology for transportation has made great strides in automating the industry. Industrialists are digitalizing everything, from the sensorization of vehicles to smart contracts, for the sake of industrial growth.  

The internet of things, which has trillions of connected IoT devices, is becoming the most valuable technology for data analytics, data visualization, automation, and other purposes. 

The transportation industry involves a variety of assets such as vehicles, cargo, warehouses, and other assets that require regular inspections. Therefore, smart condition monitoring solutions can be very effective. In addition, these solutions also provide real-time monitoring of the vehicle’s condition, including fuel consumption, tire pressure, and health. 

Then, managers have more options with condition monitoring to make better choices and provide detailed information on the cargo. 

IoT Technology in the Oil & Gas Industry 

The oil and gas industry benefits from the adoption of IoT solutions. These solutions ultimately improve safety and increase profits. Furthermore, they also greatly impact industrial processes by providing real-time asset tracking, predictive maintenance, and detailed information in the simplest visual way possible. 

By 2025, the IoT will have an estimated economic impact of between $3.9 trillion and $11.1 trillion. The oil and gas industry has such an impact on the economy that it is ready to use IoT-based solutions to improve growth. 

Power Industry 

Condition monitoring, which uses IoT technology to provide businesses with distinct opportunities to evaluate the health of critical components and heavy machinery without having to schedule regular maintenance, is an advanced concept. This gives managers an opportunity to save time and provide great services for staying updated. 

Besides, IoT condition monitoring allows managers to monitor machinery while it is operating, thereby reducing downtime and ensuring quality work. 

An IoT-based condition monitor solution for the power sector is a powerful way to prevent equipment failures and maximize machine uptime. Additionally, condition monitoring is usually based on visual data from multiple sensors that are integrated into a software system. This provides accurate and effective results. 

IoT Technology in the Beverage Industry 

The advancements in sensor technology and functionality are accelerating IoT’s role in the beverage industry. This is ultimately the best way to monitor the volume and level of the beverage. Industrialists are looking for a solution to determine the health of equipment in the beverage industry, given the large containers and various sizes of tanks used. 

IoT technology also helps industries stay competitive and produce high-quality food. Condition monitoring refers to the analysis of machine conditions. Besides, the beverage industry uses IoT-based condition monitors to determine the temperature, humidity, and vibrations that affect the machines. 

This gives you a clear view of the equipment’s performance and areas that need to be addressed. IoT technology also offers many perks, such as the ability to generate custom reports in a simplified format and share them with authorities with a single click.