Expand Your Business Exponentially by Leveraging IIoT Solutions Optimally!

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Expand Your Business Exponentially by Leveraging
IIoT Solutions Optimally!
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Modern IIoT solutions have revolutionized the
existing technologies and have enabled end users
to optimize processes, maximize productivity, and
maintain an edge in the global economy. IIoT
requires technology that has a potential to solve
the interoperability challenges of device
connectivity. It accomplishes this by reliably
and securely delivering data across the public
domain at a much larger scale than previously
thought possible. The value of the Internet of
Things wont be in the connections it will be in
the exponential amounts of data generated by
those connections and processes. Lets assume
after a long and workaholic week, you get an
unanticipated call from one of your most valued
clients on Friday afternoon. They have a rush job
and need it completed by Monday morning. After
initial hesitation and panic, you agree to
complete the project before the deadline as you
dont want to lose your client. You call your
work units, arrange an urgent meet, and finalize
the way forward.
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The next day you are all set! The project is
moving forward at a rapid rate. Perhaps, you were
under the impression that you will successfully
complete it by the end of Sunday. Everything is
going exactly the way you wanted it to, and
suddenly, a small yet significant part of machine
breaks. And work grinds to a screeching halt! Now
what? You have delayed the work and have possibly
disappointed your client. And then, you die in
utter embarrassment as you couldnt live upto
your commitment. You lost the client, business,
and some part of your reputation. However, you
are smart enough! You take the time to think what
you could have done better? How can you prevent
the same thing happening the next time?
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The modern IIoT solutions promise to make this
type of scenarios obsolete. In the above
situation, that small part never would have
broken in the first place. Weeks prior, sensors
would have alarmed the staff that it needed
replacement. You might have managed the entire
work efficiently during the off-peak hours,
ultimately avoiding the downtime. This disaster
would have never taken place. Your client would
have been happy with your timely and excellent
services, your reputation would have multiplied,
your business would have maximized and this all
with just something as simple as IIoT
solutions! There are numerous benefits of the
Industrial IoT, but the most important fact is,
that it drives direct business value based on
production data management at massive scale and
near real-time speed. This value comes in three
major forms
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• Increased revenue through improved asset
  utilization and through introduction of new,
  smarter products.
• Reduced operational cost through more efficient
  energy and resources utilization as well as
  improved worker safety.
• Improved customer satisfaction through better
  performance, reliability, and usability.
• Here are some exceptional ways to leverage IIoT
  solutions for more business and revenue

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Manage Resources Efficiently Industrial IoT
solutions help companies cut costs and maintain a
competitive advantage. In manufacturing
industries, you can harness industrial IoT
devices to monitor equipment and minimize
downtime by predicting failures or misalignments
on the production line. Industrial IoT solutions
will help businesses save a good deal of time,
energy and resources by alarming them about the
unnoticed broken part before it turns into
disaster. Optimized Asset Utilization According
to a World Economic Forums Industrial Internet
Survey, optimizing asset utilization ranked the
top reason to adopt IIoT technology with 79 of
respondents citing extremely important or very
important for near-term adoption. By connecting
equipment into the IoT cluster, it is possible to
automate performance analytics and calculate key
performance indicators in real-time. This helps
businesses to manage their assets optimally
enough to save energy resources.
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Social Responsibility Enhanced Worker
Safety According to the International Labor
Organization, somewhere in the world, a worker
dies every 15 seconds from either a workplace
accident or from an illness or disease caused by
their workplace. In the same 15 seconds, 153
workers will have a work-related accident. Thats
2.3 million deaths and 317 million accidents
every year. This is again an important area
where Industrial IoT applications applications
can make a significant difference. The IoT can
also be used for timely, contextual notifications
and smart safety prompts to minimize risk of
negligence. Relatively easy to implement, the IoT
solutions are now the easiest way to make working
environment safer and more comfortable places.
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Security Access Control One can leverage
industrial IoT services to implant security and
access control over the production area.
Sometimes, virtual security isnt enough to
resist the intruder invade the operational
systems. Unauthorized access to production
facilities can result in loss of both production
and equipment. At times, it may turn out to be a
disaster. By using a sensor-laden parameter
security, one can cut through a good deal of such
potential threats. With the IoT, indoors
positioning, and authentication technologies, it
is possible to ensure proper authorization of
personnel accessing specific areas within the
facility. Further, violation of access rules can
immediately fire an alarm, resulting in
appropriate security measures.
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Smart Metering Smart lighting is a
breakthrough in terms of saving energy for
industrial companies. In some cases, it allows
cutting energy spending by half. Accurate
measurement of resource utilization by applying
smart meters is the best way to address cost
optimization and sustainability problem.
Deploying industrial IoT solutions (sensors) and
smart meters, you can also ensure that your
production meets all emission metrics and prevent
unintended or accidental pollution of
environment. Final words With all these
real-life use cases, the Industrial IoT
represents an exciting business landscape for
modern companies. Each connected device or piece
of equipment becomes an intelligent asset that
provides unique data for generating new revenue
and saving cost.
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Industrial IoT Services can help you take your
business to the next level if implanted
optimally. With the help of them, you can
increase efficiency, safety, reduce downtime, and
maximize your business. Originally Posted Here