Internet of Things (IoT) can offer a positive return on investment (ROI) by providing real time data; converged with historical data and various external sources to support incremental improvements or rapid decisions. One example of such improvements is the introduction of predictive maintenance through the utilization of IoT. However, provision of IoT objects and solutions…
Overall Equipment Effectiveness (OEE) is the most reliable practices metric for measuring manufacturing productivity. OEE is used as a baseline and benchmark to measure the utilization of a manufacturing operation or piece of equipment. Many uses OEE numbers to trace the progress of the company’s production quality over time. BENCHMARKS for OEE An OEE score…
Internet of Things (IoT) is the interconnection of devices, networks, and machines. By collecting data from sensors, followed by advanced analytics processing, IoT represents new business opportunities, save costs, optimize maintenance and change business models for most industries. There is an estimation that the Internet of Things will host about 30 billion interconnected objects by…
IOT technology The evolution of the Internet of Things will dramatically accelerate the number of objects/sensors that have a built-in connectivity to a network. Gartner estimates that by the end of 2017, approximately 8.4 billion devices will be connected to the internet; representing a 31% increase from 2016. The number of connected devices will expand…
Internet of things can be defined as a network infrastructure that is used to link virtual and physical objects through the exploitation of communication capabilities and data collection. The system has evolved from the convergence of the internet, micro-electromechanical systems, wireless technologies and micro-services. The system is however faced with several challenges when it comes…
In the most basic terms Internet of Things (IoT) is a system which comprises of connected devices and sensors which collect and relay information to a central system which then processes this data and on the basis of this analysis companies are able to make different important business decisions. This amazing new technology is taking…
By striving to improve outcomes and reduce costs, health care providers have long struggled with a number of harmful problems, including their sporadic interactions with patients, giving them a small glimpse of daily decisions and activities which have a huge impact on the health of patients. Suppliers could be much more effective in supporting the…
What is Smart Building? Any structure that uses automated processes to control the operations of the building automatically is called smart building. These operations can include things such as heating, cooling, ventilation, lighting, security and other such systems. Although this looks like a novel idea, companies are already implementing this idea owing to the several…
Transportation logistics is the backbone of the economy of any country. Whether the mode of transportation is by sea, air or land proper management of the system is crucial to the success of the business. Properly managed transportation and logistics system are crucial for the success of any organization. After seeing the enormous benefits of…
Despite the fact that Internet of Things (IoT) is something that has been around for some time, it is as yet a moderately new idea. Regardless, individuals are producing and learning a lot regarding IoT. Data is exceedingly valuable, and there are abundant threats to the security of an organization’s data. At the IOT Summit…