THE IMPACT OF

IN MANUFACTURING TODAYINTERNET OF THINGS

IoT - The paradigm shift inthe manufacturing domain:IoT - The paradigm shift inthe manufacturing domain:

ABI forecasts nearly 30 billion devices will be wirelessly connected to the IoTGartner estimates about 26 billion devices to be connected97% of manufacturers consider IoT as the most significant technology initiative of the decade.

Predictivemaintenance

Measurement tomaximize reliability

Install smart machinery to link products for better communicationBar-codes and real-time locating systems to track goods, assets, people, and processes.Sensors, Wi-Fi, GPS, and other connectivity options to track production activities acrossthe supply chain.

Minimize failure and accelerate production processEnable multiple products on a single assembly lineCan customize production, keep track of stocks Enable late-stage design changesAutomates process control, operator tools and service information systems Equip machinery with self-healing capabilitiesUnlock new reading to better processes or new products

Track progressive degradation of production asset Predict and prevent breakdownsOffer visibility into different parts of the machine and operating conditionsNotify when data falls outside standard operating limitsRecord yields at different production steps

Sensors can combine with analytics to:

• Research by Zebra Technologies

Advantages of IoT in Manufacturing: Advantages of IoT in Manufacturing:

By 2020,By 2020,

IoT improves assetmanagement capabilities via IoT improves assetmanagement capabilities via

Internet of Thingsallows the manufacturer to:Internet of Thingsallows the manufacturer to:

IoT unlocks new insightsIoT unlocks new insights

Statisticalevaluation

The present state of IoTin manufacturing

The present state of IoTin manufacturing

Respond to product demand quickly Optimize supply chain networkImprove operational efficiencyUtilize assets in a better wayHave increased flexibility at workplaceAttain faster time to marketReduce input and operational costsDeliver more personalized and curated products

A recent survey by SCM World reveals:

At Siemens’ electronics manufacturing plant in Germany

The completely offline factories will drop from 20% to 0% in next five yearsVisibility in manufacturing moved to unit level by about 50% Only 10% of manufacturers are limited to single factory-level insightsIoT will add $10 to $15 trillion to the global GDP within the next 20 years

IoT powered machines and computers handle 75% of the value chainComponents under production communicate with machines using product codeMachines take next step based on information received from the components

Provides real-time visibility of production operationAllows effective coordination at outsourced production environment

Instances of IoT at work

Cisco’s virtual manufacturing execution system

Aplication Name

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Reference

http://www.supplychain247.com/article/how_the_internet_of_things_is_transforming_manufacturing_todayhttp://www.cmo.com/features/articles/2015/4/13/mind-blowing-stats-internet-of-things-iothttp://www.fool.com/investing/general/2016/01/18/internet-of-things-in-2016-6-stats-everyone-should.aspxhttp://www.industryweek.com/manufacturing-smarterhttp://cerasis.com/2015/02/25/internet-of-things/http://www.ptc.com/product-lifecycle-report/iots-impact-on-manufacturing-innovation

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