Manufacturing is regarded as the number one industry to benefit from the Internet of Things implementation. Original equipment manufacturers (OEMs) in domains such as healthcare, pharma, automotive, and aerospace are in for a sea change with the advent of smart connected machines. Information that was once unavailable can now be gathered and processed in near real-time to drive production efficiency and better customer service.

However, the challenges in implementing IoT (Internet of Things) are not to be overlooked in light of the obvious benefits. A well-thought-out strategy is the first step towards a successful adoption. The choice of solution is critical and an integrated IoT platform offers many benefits. When the provider is experienced and capable of handling the multifarious aspects of industrial IoT implementation, including big data analysis and application development, manufacturers can look forward to a smooth journey.

What IoT Brings to the Table for OEMs

Connected physical objects and devices that communicate with each other are the hallmarks of an IoT-enabled world.

With the potential to streamline processes and deliver transformative results, IoT adoption is spreading like wildfire, and the world is now moving towards a conflux of data, devices, and people.

Applying IoT to the industrial segment has given rise to what is being dubbed as the fourth industrial revolution or Industry 4.0. Smart connected machines capable of communicating with each other and transmitting data to remote locations are opening up a world of opportunities for manufacturers.

Typically, manufacturers lose sight of their products as soon as it leaves the factory. They remain unaware of the product's performance once it has shipped to the customer. With IoT invading the manufacturing domain, machines can capture and transmit relevant data back to the manufacturer. Manufacturers are thus able to track, manage, and control the entire machine lifecycle with diverse benefits for them and their customers.

Tracking machines:

Connecting machines deployed at various client locations to an IoT platform provides manufacturers a single dashboard with a consolidated view. The monitoring of machines on the field becomes easier, and manufacturers can configure the IoT platform to send them alerts or reminders for each of the connected machines.

Warranty and AMC Tracking:

Keeping track of warranty and annual maintenance contracts on supplied machines is another concern for the manufacturers. With the machines connected to the IoT cloud, all service and repair details can be stored and retrieved from a central location. Maintenance contractors can be given access to service schedules or alerted of upcoming service dates and contract renewals.

Warranty and AMC Tracking:

Keeping track of warranty and annual maintenance contracts on supplied machines is another concern for manufacturers. With machines connected to the IoT cloud, all service and repair details can be stored and retrieved from a central location. Maintenance contractors can be given access to service schedules or alerted of upcoming service dates and contract renewals.

Preventive Maintenance:

In light of worldwide competition, it is imperative for manufacturers to keep defect rates to a minimum. Real-time alerts on the performance and status of machines from the factory floor can be passed to even offshore manufacturers in IoT-enabled production units.

Choosing an Industrial IOT Platform: What Manufacturers need to know

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