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David Van Dorselaer Industry 4.0. technologies are helping manufacturers to digitize their factories. One of the most important of these technologies is Internet of Things (IoT). Powered by connectivity and sensors, it generates actionable, near real-time data insights about the condition of physical things in the factory and throughout the supply chain. This combined with data analytics, new technologies and a fast network is helping manufacturers better maintain their assets and boost efficiency in production. Manufacturers today face unprecedented pressure. They must manage evermore complex global supply chains and new logistics models, embrace new ways of working, and cope with the constant threat of cyberattacks. Customers are demanding more customized products. Yet, customer loyalty is more difficult to maintain as competition intensifies. Plus, all of this is playing out against the backdrop of a growing skilled-labor shortage. To relieve these pressures, more and more ambitious manufacturing companies are now harnessing faster networks, IoT and other technologies. Here’s some of the ways IoT can help benefit manufacturing companies: Workforce productivity : Manufacturers can use mobile IoT solutions to empower their employees. With near real-time factory floor insights, employees can quickly locate and manage assets, monitor materials for quality, and improve worker safety. Predictive maintenance : Remotely monitoring equipment with IoT helps ensure machines are properly calibrated for optimal use and high-quality output. It also means predictive maintenance. This can help manufacturers save time and money by repairing or replacing equipment before it fails. Supply chain management : Tracking the location of assets in transit lets manufacturers predict when shipments will arrive. Paired with near real-time analytics, fleet solutions can provide end-to-end visibility of goods throughout the supply chain. Near real-time insights : With IoT sensors and other devices deployed on the factory floor and across the supply chain, manufacturers can […]