Real-time Manufacturing Insights Solution

Manufacturing enterprises are on a lookout to adopt next-gen technologies in order to stay relevant and competitive in the global business landscape, making industrial IoT solutions the hour’s need. 72% of manufacturing companies surveyed by PwC said they are dramatically increasing their level of digitization and expect to be able to be ranked as digitally advanced by 2020, compared with just 33% today. Inevitably, data from the shop floor, enabled by IoT in manufacturing, can offer unparalleled insights.

Real-time Manufacturing Insights (RMI) solution, by IoT WoRKS™, HCL Technologies, enables real-time operational visibility from Shop-floor to Top-floor.

RMI leverages IoT in manufacturing intensive enterprises, to address key operational challenges like limited visibility into production downtime root-cause, ineffective utilization of planned downtime, quality and people issues faced by the manufacturing enterprises. The solution helps reduce the resolution time to analyze root-cause of machine downtime, scrap losses, inventory carrying cost and machine maintenance costs, enabled by real-time monitoring.

The RMI solution uses PTC’s “Thingworx” and “Kepware” platform (facilitating easier communication with numerous protocols) to transform the traditional manufacturing floor into an efficient next-gen floor.

With 22,000 million IoT connected devices existing worldwide today, and 440.8 million attributed to Industrial IoT alone, Real-Time Manufacturing Insights solution, with predictive maintenance and prescriptive analytics, appears to be inexorable.