Machinedesign 17046 Promo Image Iiot Reality Vs Hype 0
Machinedesign 17046 Promo Image Iiot Reality Vs Hype 0
Machinedesign 17046 Promo Image Iiot Reality Vs Hype 0
Machinedesign 17046 Promo Image Iiot Reality Vs Hype 0
Machinedesign 17046 Promo Image Iiot Reality Vs Hype 0

Reality vs. the Hype: How to Point Out the Real IIoT

Aug. 17, 2018
The Industrial Internet of Things may not reach broad deployment tomorrow, but it’s coming soon enough—and savvy companies are already making the transition.

The Industrial Internet of Things (IIoT) is inescapable, in more ways than one. Headline after headline trumpets that the IIoT is transforming industry, which plays well in the investor and consumer communities. But in the engineering world, we’re a little more conservative.

Yes, the connected industrial environment clearly has potential to profoundly impact the way industrial businesses work. That holds for everything from engineering to strategic planning to day-to-day manufacturing operations. Will the industrywide transformation happen next month or next year? Probably not. Should you be crafting your IIoT strategy as though it were? Absolutely, and here’s why.

At its heart, the IIoT is about the power of connectivity. Manually reading out temperature or vibration data from a single motor is of limited value. Being able to access health data on all the motors in the entire plant is enormously powerful. Instead of careening from fault to fault, the engineering staff can move into a predictive maintenance regime. It can confidently run its equipment longer without the risk of unplanned downtime, extracting maximum performance from the assets.

Multi-location connectivity supports integrated operations management. Here, too, the value is in the volume of the data and its accessibility. If a line goes down at one plant, production across the entire organization can easily be rebalanced, with feeder plants slowing down and other facilities ramping up production to make up for the shortfall. Management can monitor and control assets from across the plant—or across the globe—using mobile devices.

In these times of lean manufacturing, every manufacturer is looking for new ways to save. The interconnected factory of the IIoT makes it possible to monitor the status and power consumption of all devices, creating the fully visible factory. Add energy analytics to wrangle the data, and the system can identify opportunities for savings. Examples include identifying equipment that is operating (and consuming power) when it should be turned off and managing peak energy demand in order to get the most favorable pricing from the power company.

Are these examples hypothetical? No, they are real, executed with currently available technology that costs less than you would think.

Getting Real with the IIoT

It can be tempting to dismiss the IIoT as hype, but the company that does so runs the risk of being left behind. More to the point, it runs the risk of missing out on key benefits—not to mention, first-mover advantage. For those organizations interested in exploring the technology, there are a few key techniques for success:

Do your homework. Find out what the technology can do and how it applies to your particular operations.

Have a plan. Don’t just slap sensors on every device that moves and start harvesting data. Plan your project with the same amount of effort you would apply to engineering a new product.

Start small. Identify pain points and conduct a restricted pilot program. The lessons you learn with this initial effort will pay off down the road.

Play the long game. Although you may begin harvesting data immediately, it takes time to get to know your assets and begin accruing value. Be patient.

Sponsored Recommendations

NEW Low Profile, Ultra Compact Power Supplies

March 13, 2024
Learn more HERE about Altech's Power supplies!

Altech's Liquid Tight Strain Relifs Catalog

March 13, 2024
With experienced Product Engineers and Customer Service personnel, Altech provides solutions to your most pressing application challenges. All with one thought in mind - to ensure...

Industrial Straight-Through Cable Gland

March 13, 2024
Learn more about Altech's cable glands and all they have to offer for your needs!

All-In-One DC-UPS Power Solutions

March 13, 2024
Introducing the All-In-One DC-UPS, a versatile solution combining multiple functionalities in a single device. Serving as a power supply, battery charger, battery care module,...

Voice your opinion!

To join the conversation, and become an exclusive member of Machine Design, create an account today!