Ectobox Launches Internet of Things (IoT) Service

IoT Business Transformation Plan Launched Targets Growth-Minded Manufacturers

Ectobox, Inc., a custom software development firm specializing in the manufacturing industry, announced the launch of its Internet of Things (IoT) Business Transformation Plan for manufacturers today.

The Internet of Things, or IoT, refers to data that is pulled from devices or machines (“things”) and then securely transmitted in real time over the Internet. The data is then transformed into valuable insights to drive business decisions.

By offering specialized IoT services to manufacturers, Ectobox provides a simple way for growth-minded companies to evaluate whether IoT makes sense for their operations and easily plan and implement these new solutions.

Ectobox’s IoT services provide a framework specifically designed to streamline the assessment and decision-making process around IoT initiatives, which are frequently delayed by confusion and internal red tape given the lack of on-staff IoT expertise that is typical in many companies. Starting with a simple checklist completed by the manufacturer, Ectobox leads each company through a process that results in IoT projects that are completed within specified time and budget parameters. Examples of IoT projects include improving business operations, using equipment more efficiently, inventing new and more useful products, and transforming companies and competition.

“Service-minded companies who want to grow and improve, to build a great business providing great products to great customers… those companies may be struggling to get there and IoT can help,” says Ectobox Founder Kevin Jones. “I want them to connect with the idea that there is a solution, there is a way to get it done. They simply need to work with a company that has experience in manufacturing, software, and IOT to lead the way and help them get there.”

Ectobox’s IoT services are designed for manufacturers with annual revenues ranging from $20 million to $200 million annual gross revenues. With deep roots in the industry and an extensive custom software portfolio, Ectobox will be using IoT software platforms ThingWorx and Azure to build IoT apps for manufacturing and service operations. Companies thinking of implementing IoT for the first time, or companies who have tried IoT initiatives and are struggling, are good candidates for the IoT Business Transformation Program, says Jones.

About Ectobox

Ectobox is a custom software and IoT developer helping mid-sized companies grow their businesses with software and data for more than 20 years. Known for their experienced team of software rescue experts and system integrators, they specialize in helping businesses in need of custom software support to achieve next-level growth. Their IoT Business Transformation Service was launched to give manufacturers a simple plan to implement IoT initiatives to help their businesses. For more information, visit www.ectobox.com.

How to Measure the Value of IoT

 How to Measure the Value of IoT

Are you wondering if you should tackle IoT (Internet of Things), or if you should start developing an Internet of Things product? The answer lies in whether the IoT aspect of the product can be valuable to your company.
Many companies start IoT projects because their competition is doing IoT, and they’re afraid to be left behind. That can be reason enough to consider starting into IoT. However, a IoT project is a complex venture, and is a long-term journey, not a short-term project. So, a company should start an IoT project only if it’ll be valuable to the company.
In my next post, I will share the 4 ways that IoT can be valuable to your company so can easily and quickly determine if you should pursue it.
Today, let’s start with what we mean  by creating value with IoT:
Connected devices and smart devices have limited value compared to an IoT device. For example, I use a small Fitbit-like wristband product. It performs its limited function well by tracking and recording my steps, heart rate, and when I ask it to it’ll record my blood pressure. It also connects with a proprietary app on my iPhone which allows me to see that data a few days at a time. However, this device and the phone app don’t connect to other sets of data. Nor does it then combine the various sets of data and present it to me or others where it could be more valuable.
For example, theoretically it could connect to data from exercise devices like a Peloton (if I used one) to coordinate exercise regimes or set specific exercise goals. It also doesn’t send the data over the internet and combine it with my medical history or my fork and spoon to track food intake or to my debit card to see how many times I go to the local pub to have a couple tasty beers. The device would be more valuable to me if it were to connect with some or all that data, combine the data in such a way so I can see evidence of my exercise and eating actions and the results I’m getting in a healthy body. It would be even more valuable if the data were available for my physician or exercise trainer, so they can help coach me to live better (accountability would be a big motivator here).
Let’s look at another brief example. Do you have some CNC machines in your shop? Do you need to use TeamViewer or a similar remote computer access tool to see data on that machine? The data might be tool paths, production results, machine status, and machine usage. That data could be automatically pulled from each of the machines, connected with orders and sales orders data from the ERP system, and combined to add a lot more value. The value could come in being able to optimize production schedules and forecasts based on real-time data, or get early indicators of when a machine is acting up and may need to be scheduled for maintenance and repairs to prevent unplanned downtime.
These are examples of how simple connected and smart devices aren’t as valuable as an IoT device, a device that pulls data over the internet, connects it with other data, and turns it into very valuable information.