Manufacturers face various challenges in their business, including inflationary and sustainability pressures, shortage of skilled workers and supply chain disruptions. Their plants are often equipped with outdated legacy equipment that is less efficient, more energy intensive and requires more frequent maintenance than modern alternatives. With outdated systems, they lack necessary transparency into plants, processes, machines and product performance.
This combination of challenges inevitably results in unplanned downtime, lower productivity and reduced product quality, making it even more difficult to achieve expected operational efficiency.
Almost 75% of surveyed manufacturing executives feel that attracting and retaining a quality workforce is their primary business challenge.
86% of surveyed manufacturing executives believe that smart factory solutions will be the main drivers of competitiveness in the next five years.
Over 70% of surveyed manufacturers have integrated technologies such as data analytics and cloud computing into their processes. Nearly half are already harnessing the power of IoT sensors, devices and systems.
Leverage an integrated Edge, industrial IoT and lifecycle analytics solution to collect operational data from the field, discover insights and merge the real and virtual worlds.
Accelerating digital transformation requires IT/OT convergence and investment in Cloud, Edge, and IoT technologies. Leveraging an integrated solution incorporating Edge, IoT and lifecycle analytics is crucial to optimize efficiency, enhance product quality and enable innovative business models.
Connect critical assets and collect operational data from smart sensors, historian servers or other enterprise systems — either at the edge or in the cloud.
Collect contextualized data to monitor industrial assets in near real time and gain insights based on timeseries data. Track KPIs across production and identify trends and areas to improve overall equipment effectiveness.
Utilize predictive capabilities to avoid unplanned downtime or quality issues. Predict and fix machine failures, defects and quality issues quickly and reliably before they occur.
Develop connected products where IoT data is leveraged to create and monetize new business models, such as equipment as a service (EaaS).
Adopting an industrial IoT solution can help your company drive operational efficiency and improve product quality. An IIoT solution empowers manufacturers with real-time insights across plants, systems, machines and products. With valuable data and increased transparency, you can avoid unplanned downtime, fix machine defects and failures before they occur, extend the lifespan of your equipment and reduce maintenance costs.
There are countless benefits of using an industrial IoT solution. In addition to optimizing production processes and overall operational efficiency, with an IIoT solution, you can:
When searching for an industrial IoT solution, keep the following considerations in mind to ensure you find the best fit for your company:
Part of the Siemens Industrial Operations X portfolio, Insights Hub is an integrated Edge, IIoT and Lifecycle Analytics solution. It leverages intelligent analytic tools to help manufacturers derive valuable insights from IoT data. With real-time data and transparency across products, plants and systems, manufacturers can optimize process efficiency and enhance product quality.
Industrial IoT edge devices play a critical role in collecting, processing and transmitting data within industrial environments. They are located at the edge of the network, closer to the data source, and process tasks locally before transmitting relevant information to the cloud or central systems. Some examples include: