The global manufacturing sector undergoes a rapid transformation with the rise of advanced IoT solutions. The integration of IoT in manufacturing has helped manufacturers to make their operations effective. As a result, they have integrated IoT tools into their existing infrastructure. IoT solutions can enable them to optimize the production process, lower expenditure, and reduce delivery time.
The Industrial Internet of Things (IIoT) has rapidly transformed the manufacturing landscape with big data, artificial intelligence (AI), and machine learning. There are many applications of IoT in the manufacturing industry. It can help you facilitate production flow in the manufacturing plant.
Apart from this, IoT devices monitor the development cycles, manage warehouses and keep a record of inventories. According to a source, the global IoT manufacturing market is estimated to grow to $53.8 million in 2025 at a CAGR of 10.1%. This statistics is proof that the demand for IoT solutions will increase in the manufacturing sector.
Technology keeps on evolving and manufacturers are rushing towards integrating IoT solutions to harness the technological revolution. In this blog, we will discuss the top applications of IoT in the manufacturing industry that can remain in the limelight even in the coming years.
IoT Applications in Manufacturing Industry
IoT works as a unified platform that connects consumers, manufacturers, and products. Therefore, more manufacturers think to invest in this technology. Moreover, manufacturing industry leaders who have invested in IoT are reporting benefits, including efficient and increased productivity. Overall, we are going to witness more IIoT use cases in the future.
Here is the list of the top four industrial IoT use cases in manufacturing –
1. Supply Chain Management
IoT devices can fetch real-time data from supply chain mechanisms. Due to this, manufacturers can monitor their supply chain operations by accessing real-time insights into the available resources. Such insights can include information regarding work in progress, completed work, equipment collection, and the delivery date of necessary raw materials.
Apart from this, IoT solutions can eliminate the manual documentation for operations and integrate Enterprise Resource Program (ERP). Furthermore, such solutions can offer cross-channel visibility into managerial departments and assist stakeholders in examining the ongoing processes.
2. Smart Pumping
You can use IoT devices in water management, chemical manufacturing, and power plants. The built-in sensors of a pump control the flow and pressure of water. Moreover, these devices automatically turn off pumps as per predefined metrics.
In addition to this, such IoT devices can help industries control electricity expenses, reduce manual labor while ensuring minimum wastage of water. Overall, IoT-enabled pumping systems enable industries to install a connected, flexible, and efficient pumping system.
3. Predictive Maintenance
Manufacturers spend a small fortune on the machine’s operational and maintenance costs. However, if equipment predictive maintenance is done on time, it would prevent unnecessary downtimes. And if downtime could be detected before it knocks, manufacturing companies can have a substantial decrease in operational costs.
Apart from this, manufacturers can use sensors, cameras, and analytical tools to detect the damage in any piece of machinery in advance. Moreover, IoT-empowered systems can give warning signs based on the data, which can help manufacturers create maintenance schedules before the occurrence of any problem.
4. Digital Twins
Shortcomings or defects in the final product can create unnecessary operational expenses and overburden employees. Here digital twins are of great help. A digital twin is a virtual representation that serves as a digital counterpart of a physical object.
Industries can collect data about their product’s working mechanism and the output expected from each module. Such collected data can assist managers to analyze the effectiveness, accuracy, and efficiency of the machinery. Other than that, manufacturers can identify potential bottlenecks in their products. Lastly, digital twins streamline operations like asset management and failure management.
IoT acts as an integral part of smart manufacturing and brings automation to core processes. Besides, industries can manage their supply chain using IoT devices and run the production cycle economically. Here we have covered all major technology trends like supply chain management, predictive maintenance, and smart pumping. Such trends will certainly gain momentum in the upcoming times.
So if you are looking to integrate robust IoT solutions into your manufacturing plant then Rejig Digital is the right choice for you. We create custom IoT solutions for manufacturing businesses. We assist modern enterprises with cutting-edge digital transformation solutions so that they can make the most of the industry 4.0 revolution.
Our solutions support manufacturing units to implement different IoT innovations in their daily operations. If you want to get more detail about our futuristic solutions, feel free to drop us a line at firstname.lastname@example.org and we will get back to you shortly.