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How to Identify and Solve Production Issues with Data...

Knowing how to solve production issues quickly and efficiently is a skill all manufacturing managers should possess. Though there are many strategies that exist to identify and fix problems, the
data collection / Sep 23, 2021

First Pass Yield: What is it, Formula, and How to Improve

Quality is perhaps best understood and enforced in high precision component industries such as aerospace and defense, as well as medical device manufacturing. With that said, all manufacturers take
MachineMetrics / Sep 22, 2021

How to Measure and Improve Machine Operator Efficiency

What is Machine Operator Efficiency? Machine Operator Efficiency, or MOE, measures the performance of industrial machinery operators. Represented in the form of a percentage, it takes into
MachineMetrics / Sep 16, 2021

Product Release: Hide and Reorder Operator Dashboard Tabs

Customizing Operator Dashboards With the latest MachineMetrics feature release, manufacturers can now customize the tabs that appear on the Operator Dashboard and adjust the order in which the tabs
MachineMetrics / Sep 13, 2021
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    Graham Immerman
    Graham Immerman Industry 4.0 / June 15, 2018

    IoT growth

    It's hard to really see how quickly IoT growth is changing our world, but Forbes put together some statistic that demonstrate the change. "By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services." The IoT market will likely reach $123 billion in the next three years. 

    Recommended Read10 Charts That Will Challenge Your Perspective Of IoT's GrowthSource: http://www.forbes.com

    By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. McKinsey predicts the IoT market will be worth $581B for ICT-based spend alone by 2020, growing at a Compound Annual Growth Rate (CAGR) between 7 and 15%. Read More
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