IoT Tradeshows

The Internet of Things (IoT) is catching the attention of many industries, but is expected to have the largest influence on businesses and manufacturing as a whole. In fact, these sectors represent 40.2% of the entire market and make up the Industrial Internet of Things (IIoT).

The Progression of Manufacturing

Industry 1.0 Began over 200 years ago with the introduction of mechanical production facilities powered by steam and water

Industry 2.0 The twentieth century brought on the evolution of mass production, introducing the subdivision of labor and the use of electrical energy

Industry 3.0 Electronics and IT support production enter the scene, improving automation processes

Industry 4.0The action of taking the data from IIoT or IoT and applying it to Smart Facilities

Intelligent Manufacturing

1 in 5 manufacturing executives today admit that their factory operations are entirely offline. This will drop to almost zero within the next five years.

The use of IoT technology allows manufacturing companies to improve the production and capability of operations.

Technologies that utilize the IoT have the opportunity to improve visibility, making unit-level visibility a possibility, as opposed to batch-level visibility.

Real-time supply chain orchestration is projected to increase by 50% five years from now

How It Can Be Used?

Manufacturers who use the IoT can give their physical assets a digital identity, enabling them to know where the assets are and what their condition is in real time at various stages in the supply chain.

Each machine has the capability of storing and analyzing its own usage data, which can communicate smartly with other connected devices. This means scheduled maintenance could be a thing of the past.

By monitoring its own usage and reporting on its own performance, maintenance can be performed without interfering operations. This means potential problems are caught and addressed before downtime can occur.

The Future of Manufacturing

Smart manufacturing provides businesses with real-time analytics that is proactive and autonomic, transforming the warehouse into a self-healing environment.

By the year 2020, it is estimated that global manufacturers will invest $70 billion on IoT solutions. That’s just over $40 billion more than what was spent in 2015. Multiple technologies such as autonomous robots and augmented reality (AR) tools are already in the process of being developed for integration.

Increasing Manufacturing Efficiency

Preemptive prediction and correction of potential disruptions

Increased production volume across a wide variety of industries

Increased success as a result of predictive maintenance

Remarkable thoroughness and accuracy

Fully integrated and exceptionally flexible approach


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