Top 10 reasons to implement an IIoT enabled remote monitoring system

Since the prior days of manufacturing, factory operators have quantified several parameters such as a process, input, output, productivity, inventory, etc. The manufacturing industry of today is taking this more severely than ever. Tracking such essential metrics has supported them in finding basic concerns, recognizing patterns, testing with processes and enhance their overall factory operations.

In today’s competitive ambiance, manufacturers, as well as factory operators, must effectively analyze their assets, abstract maximum performance out of them and acknowledge breakdowns easily. Though, such a structure is rare within businesses that keep operating in a standard environment.  Machine surveys are usually carried out via manual visits that give little or no control over asset health as well as performance management.

The disconnected environment eventually results in poor visibility, leading to waste assets and providing no control over preventing sudden breakdowns.

But, industries can overcome these challenges by leveraging the IIoT-enabled remote monitoring system and gain significant improvements in asset management, operational efficiency as well as cost. Remote monitoring provides a connected environment for businesses to get thorough visibility into their assets and services without having to be on-premise.

Remote Monitoring

Remote monitoring is basically the capability to predict, track and manage assets and facilities without being physically present at the location. This ability is made easy through several technologies likewise wireless networks, sensors, data processing, cloud storage and analytics, etc.

Together, these technologies offer substantial visibility into asset performance, estimate equipment failure as well as minimize resource utilization, allowing cost-effective and efficient operations all the time.

Here are a few of the benefits manufacturers get with remote monitoring leveraging IIoT:

Improved Operational Efficiency

Overall Equipment Effectiveness is a productivity measurement that integrates downtime, production rate as well as quality. IIoT has made OEE much more inexpensive and simpler to execute than ever before. Since remote monitoring quickly provides visibility into asset performance as well as health, concerns are resolved rapidly by analyzing everything remotely. Quicker resolution of concerns means a short downtime, higher OEE as well as optimized production.

Information at Your Fingertips

Process operators, maintenance members and production supervisors all have a remarkable impact on the efficiency of the manufacturing lines. Without information readily available, it is tougher to address the highest priority production concerns within a prompt manner.

Lower Operating Cost

A smart remote monitoring system provides intelligent insights that enable you to improve operations and get maximum asset productivity, which in turn converts to cost savings and enhanced profitability. Most machines and processes have the raw material that requires to be reordered.  Automatic reordering assists to make sure that the useful products will be available without extreme onsite inventory costs or last-minute accelerated fees.

Real-time and Factual data

Rather than tracking data manually, entering it into a spreadsheet and then performing data analysis, a smart sensor gathers and stores data from an asset digitally, which minimizes the chances of errors and also assures accuracy in gathering repetitive data over manual methods. The IIoT can offer absolute data flow starting at the device level and passing the data directly to mobile devices, organization-level software, or other reporting systems.

Enhance Quality & Streamline Processes

Raw materials, operator actions as well as environmental factors can all influence the quality of a customer order. Tracking and monitoring this data provides insights into the quality and efficiency improvements and can enable you to identify a quality problem to certain customer orders for targeted recalls.

Minimize Downtime

Email, as well as text notifications, can give immediate downtime alerts enabling you to resolve the concerns as quickly as possible.  It is predicted that industrial manufacturers experience a $50 billion cost every year due to unplanned downtime and maintenance expenses comprise 15% to 40% of total production costs. Basic cause analysis enables you to determine the specified cause of a downtime event and downtime analytics enable you to estimate the true cost of each type of failure.  A remote monitoring solution is a simple and cost-effective way that estimates and prevents significant equipment failures ahead of time to improve equipment uptime.

Plant Operation with Fewer On-Site Visits

Remote monitoring with IIoT allows you to access asset data from anywhere, anytime and on any device, even if your assets are in various physical locations. Run the factories remotely with smart assistance, to attain a quicker turnaround. Less on-site visits by the experts will save huge costs – both to the equipment provider and the end customer. Besides, learning’s from one factory can be implemented to other setups by the experts who have a complete view of the whole spread of operations.

Business Continuity in the Situation of Disasters

With pandemics such as the recent Coronavirus outbreak, assuring the safety and well-being of your employees is critical. Whereas at the same time, your organization must also continue running and this is where remote monitoring comes into the scenario. In such a pandemic situation, remote monitoring enables your teams to analyze assets safely from the support of their homes, sticking to social distancing measures while also assuring business continuity.

Predictive Maintenance

Predictive maintenance techniques can be utilized to analyze vibration, motor current, or temperature patterns and recognize potential concerns before they cause a shutdown. This can also minimize maintenance costs because a maintenance can be executed when it is actually required rather than just scheduled.

Remote Machine Monitoring can frontline the digitalization in the manufacturing industry. It is the right time, to begin with, the end value in mind, then select the suitable enabling technologies and resolve the concerns in an incremental manner.

Are you interested in facilitating your shop floor and assets with a remote monitoring system? Book Your Demo Now!