Summary IIoT can improve a manufacturing company’s asset utilization ratios and the production line’s up-time to produce significant savings in maintenance costs. This is illustrated through the P-F curve method of condition-based maintenance. Causes of...
Manufacturers can improve their operations and thereby generate better revenue and profit with IIoT. They can do this by unlocking data from their equipment, calculating the OEE (Overall Equipment Effectiveness) for the equipment, and using the resulting data to find...
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...
We discussed in our previous post where the value of IoT comes from. Let’s now break the value creation down into 4 categories: IoT can help a company • Operate products better• Maintain products better• Make products better• Make new products better We will...
What is IoT? IoT or Internet of Things means different things to different groups. For business owners, C-suite, and shareholders it means potential big changes to business models to drive more revenue with better margins, increase recurring revenue, reduce direct and...
