The internet of things (IoT), and its ability to transform business, has become pervasive in the context of product development in the manufacturing industry as digitization is now a business priority for many organizations. IoT connects physical machines and manufacturing equipment with the digital world of cloud, analytics, artificial intelligence, and more. This results in systems that can monitor, collect, exchange, analyze, and deliver valuable new insights that help to drive smarter, faster business decisions for industrial companies.
The design of IoT solution implementation in manufacturing operations needs to handle real-time data generated by sensors at machine/equipment level. This comprises connectivity, data processing, large data storage, business processes. The anticipating challenges in early phases of the project and solution will help organization management and business to complete digitization faster.
Read our point of view on the Industrialization of IoT and its implementation.