Featured Stories

Categories

Lean Manufacturing and IoT News, July 20-24 | MachineMetrics

Christina Gay
July 27, 2015

Gaining Value from the Internet of Things (slideshow) 

embrace the IoT

Getting Kids Interested in Manufacturing Careers: "Many manufacturers participate in career days or one-off showcases for students, but there is a lack of sustainable programs that are mutually beneficial (and enjoyable) for both sides

How to Formulate your IoT Strategy: "By creating an IoT foundation, manufacturers have the opportunity to increase their real-time visibility into their own operations as well as into their customers' operations, the report says. From the analysis of that information, manufacturers can develop the insights they need to change how they generate revenue and profit, whether it's through more data-driven execution or new products and services."

By 2025, Internet of things applications could have $11 trillion impact: "To capture this value, however, businesses need to overcome three significant obstacles: They need to push technology vendors to provide connected, interoperable components and systems, with analytics; they must address security and privacy concerns; and most importantly, they must make organizational changes to maximize the operating and strategic benefits that IoT data can provide."

Comments

Related posts

Why should you care about Industry 4.0?
07Jun

Why should you care about Industry 4.0?

  As Industry 4.0 surges forward, many manufacturers are still pondering what it means and how or whether the latest industrial revolution will affect them.  First coined in Germany over ten years ago...

Industrial IoT Creates a New Value Stream for OEMs
23May

Industrial IoT Creates a New Value Stream for OEMs

  An issue in manufacturing that is singular to OEM is the speed with which they can respond with service to the machines, in the case of a failure. In the past, this has usually meant an actual failu...

Reassessing the MES Mess
08May

Reassessing the MES Mess

David Westrom Dave Westrom is VP of Business Development at MachineMetrics. Dave has spent much of his career in executive team roles at innovative IIoT companies. He has led business development orga...

Exploring The 6 Core Pillars of Industry 4.0
03May

Exploring The 6 Core Pillars of Industry 4.0

 Innovation, in manufacturing in particular, has exploded, thanks to Industry 4.0. The term was coined to reflect the trend towards the use of technology, automation, and data acquisition in manufactu...

INDUSTRIAL IOT AND THE MOVE FROM PREVENTIVE TO PREDICTIVE MAINTENANCE
24Apr

INDUSTRIAL IOT AND THE MOVE FROM PREVENTIVE TO PREDICTIVE MAINTENANCE

One of the most important trends in the last few decades has been the movement toward lean manufacturing.  As companies began to review and change their operating procedures to eliminate waste, effici...

What is Industry 4.0?
17Apr

What is Industry 4.0?

  Known as the fourth industrial revolution since the 18th century, Industry 4.0 is an all-encompassing term to refer to the way computers, data and automation are evolving and coming together to chan...

Sensor Data vs PLC Data: Why Getting Deep Data Is the Right Way to Go!
09Apr

Sensor Data vs PLC Data: Why Getting Deep Data Is the Right Way to Go!

  When it comes to collecting data with industrial IoT within the world of manufacturing, it isn’t just about quantity. It’s also about the quality of the information that you are gathering from vario...

5 Myths- Manufacturing During Industry 4.0
02Apr

5 Myths- Manufacturing During Industry 4.0

The fourth industrial revolution is upon us, and as you may know, this means change. As an industry, it is imperative that manufacturers adopt new technologies and increased connectivity that will ena...

Improve Your Manufacturing Processes Using Data
27Mar

Improve Your Manufacturing Processes Using Data

Manufacturing, regardless of what tools, bits or parts the machines are producing, tends to follow decade old processes. There is an element of the 'this is how we’ve always done it and it’s worked fi...

IIoT and The Analytics Journey- MachineMetrics Presents at Hardwired NYC
20Mar

IIoT and The Analytics Journey- MachineMetrics Presents at Hardwired NYC

Bill Bither, Co-Founder and CEO of MachineMetrics, had the opportunity to speak at FirstMark’s Hardwired NYC event. In this visually stimulating presentation, he focuses on Industrial IoT- how it work...