#iiot platform

Digitalization is the key upgrade that every industry needs at this era. The industrial revolution has evolved to the current state through various phases. These are the key phases of Industrial revolution and we call it with a version in the order it is listed below (Industry 4.0, Industry 5.0 etc.) Mechanization Electrification Automation Digitalization Personalization Most of the…

Technology has been advancing rapidly over the years which has also led to a great rise in the customer demands. The increasing customer wants and their technological solutions put a strong pressure on the chemical industry which faces multifaceted challenges. The complexities may arise due to complicated supply chains, uneven demand patterns, regulation and compliance pressures, and even from the lack of digital transformation. Such issues result in a low operational output and performance which also translate to a reduce asset utilization and reliability. The end result being, an ineffective use of the business’ resources and a capital, due to addition of undesirable operational costs.

Smart manufacturing is the most coveted solution to such challenges. To make the best use of the organizational operations and resources with least amount of wastage, plant digitization becomes necessary. Digital transformation of the chemical plants remove the need to perform the operations in-silo, and enhance the visibility on the shop floor procedures. This leads to better quality operations and output for the business. This is made possible as the equipment and tools are interconnected with a digital platform which collect, normalize and analyze the data to be converted into meaningful insights. Such insights prove to be useful in applying predictive maintenance programs to the shop floor processes which reduce the instances of machine breakdown. It also helps in reducing the process variations which means there are less occurrences of rework performed by the operators.

In the absence of digital transformation, there is a low level of digital maturity for the plant which obstructs its scope of continuous improvement. But, Solulever, a Dutch technology startup, is here to save the day, for most of the present day chemical manufacturers. The European technology company has developed a strong Industry 4.0 platform, Brabo. The manufacturing intelligence and connectivity software platform provides a wholesome solution that can be quickly being adopted by well-known chemical giants. It adds multiple layers of technology to the shop, connected to the IT systems to create meaningful information, deliver quickly, and generate the desired business impact. Brabo works as an integrated manufacturing intelligence system making the customer benefit from areas of asset utilization, resource efficiency, OT service management, process control and improvement, and much more. The OT-IT connectivity software provides real-time data transfer capabilities for the shop floor operators to take preventive and a corrective decisions and measures during production processes. It also combines the power of edge and cloud computing which provides the clients a drag-and-drop procedure to create, analyze, and visualize enhanced SCADA systems that replace the need for SCADA system from a third party.

IoT covers a variety of technologies that enable machine connectivity, provide data storage, and transform that data into insightful knowledge, including improved connectivity, cloud computing, machine-to-machine (M2M) communication, among others. On either side, AIoT is used to improve IoT's capabilities, which benefits markets that employ technology in a variety of ways. Manufacturers used to be content with their equipment' ability to operate at peak efficiency and base choices off of the data they processed and stored. However, with AI incorporated into these gadgets, the producers may shut the loop since the equipment can act spontaneously on its learnt processes to function optimally. But data management systems must be improved for AIoT to be more understandable and practical.

The pursuit of efficient energy consumption has peaked way too high due to too many connected devices. The move to digital transformation requires existing manufacturers to depend on smart devices, equipment, cloud computing, IoT, machine learning, artificial intelligence, and more. That is why energy efficiency is at the core of Industry 4. 0 operations.

The US industrial sector accounts for about 32% of the country’s total energy consumption as per US Energy Information Administration. Even the European industrial energy consumption accounts or 26% of total energy consumption. Against this background, it is clear that energy efficiency and industry 4.0 are an essential combination. The integration of technical systems can bring out many sustainable benefits by increasing the flexibility, scalability and reliability of the entire production system. Digital transformation of production units is primarily energy efficient by allowing the energy sector to transform its operating environment and promote smarter, more modern and more sophisticated energy production and distribution systems. By identifying inefficiencies, optimizing production and logistics operations, and predicting maintenance needs, the data collected by sensors, processed by analysis, and entered into predictive models can contribute to energy savings. The data also enables virtual testing and modeling of devices, processes, and plants with twins. It can also adapt demand to energy prices and availability, improve temperature control, and reduce R & D costs.

Most recent Study on Industrial Growth of Global IIoT Platform Market 2020-2027. A point by point study gathered to offer Latest knowledge about intense highlights of the IIoT Platform market. The report contains distinctive market expectations identified with CAGR, income, production, Consumption, market size, gross margin, cost and other considerable elements.

While highlighting the key driving…

Is IIoT causing siloed data and suboptimal performance? #IIoT #IoT #Industry40 #ix

Blurred Vision

While IIoT deployments can deliver considerable value, less-successful IIoT initiatives are burdened with data silos that ultimately result in suboptimal industrial performance.

The Industrial Internet of Things (IIoT) is gaining considerable traction, with new platforms appearing almost weekly and numerous companies implementing IIoT projects. But are the companies…

IIoT Platform Market Analysis 2019 Top Growing Companies: PTC ,SAP ,Hitachi ,Accenture ,IBM ,Oracle ,ATOS ,Altizon ,QIO Technologies ,Flutura ,Software AG ,GE ,Amazon ,C3 IoT ,Davra Networks ,Cisco

IIoT Platform Market Research Report 2019

The report firstly introduced the IIoT Platform basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production,…