IIoT: Five reasons why manufacturers should implement real-time analytics

As the machinery on the factory floor becomes more connected, the volume and variety of data being produced is also increasing. Without the right systems and processes to collect, retain and analyze this data, attempts to unlock the full value of the huge quantity of data produced by your production plant and machinery is necessarily doomed to failure.

With our real-time analytics solutions, you can:

  • Improve your company's business processes
  • Boost productivity
  • Stay competitive

1. Achieve a solid ROI

 

Given the depth and breadth of digitalization in both discrete and process manufacturing, many companies have decided to adopt a gradual approach to the first phase of an IIoT implementation. With individual POCs or by selectively upgrading existing plant and machinery with smart sensors, manufacturers can assess the value of IIoT analytics for a specific use case while building justification for subsequent investment across other business units.

 

  • Grow revenues
  • Reduce operating costs
  • Increase profitability

2. Maximize performance

 

Once production has been upgraded to be IIoT-capable, and plant and machinery now stream operational performance data continuously, manufacturers can transition from a reactive to a proactive approach driven by predictive maintenance. By monitoring the machine pool, production output, and plant integrity in real time, performance degradation becomes clearly visible before a critical resource fails.  Repairs can also now be scheduled based on the actual condition of the piece of plant or machinery instead of estimating repair needs based on the mean time between failures (MTBF).

 

  • Reduce unplanned downtimes
  • Predict technical problems
  • Identify root causes

3. Maintain quality

 

Thanks to the continuous monitoring of even the slightest variance in temperature, flow rate, pressure, and other parameters, technicians and other responsible personnel can detect and avoid production defects, and even make in-process adjustments during batch manufacturing. With real-time data visualization and analytics, faults are identified as soon as they materialize.

A single faulty manufacturing process can impact hundreds or thousands of products every minute, threatening to reduce first pass yield and drive up costs per unit. Fortunately, real-time alerts can be configured to notify personnel when certain thresholds, tolerances, or other specifications are exceeded, allowing them to take corrective actions to reduce output variation and limit non-conformance.

  • Detect and avoid defects
  • Improve plant reliability
  • Reduce production downtime

4. Drive efficiency

 

Manufacturers are now able to optimize the production lifecycle with measures ranging from increasing plant uptime, yield, and throughput to reducing scrap, waste, and re-work. However, comprehensive collection of production data only translates into efficiency gains if steps are taken to exploit the value in this data.

Smart sensors can be used to collect large quantities of data such as temperature, weight, timestamps, etc. in real time. The continuous analysis of this data is able to identify subtle fluctuations in plant processes and machinery that could cause persistent quality problems, production losses, or even equipment failure.

  • Reduce scrap
  • Increase first pass yield
  • Improve plant uptime

5. Ensure compliance

 

  • Evaluate machinery and plant for correct/faulty operating conditions
  • Reduce safety-related downtime
  • Contain safety risks

While much of IIoT focuses on productivity and efficiency gains, data from machinery and plant can also be used to improve safety and reduce the risk of workplace injuries. Operators and technicians can utilize this machine-to-machine (M2M) data to identify the location, duration, and frequency of unsafe working conditions within the facility, and take appropriate precautions to ensure compliance with occupational safety and health regulations.

In production, fault codes, time stamps, and system alerts can be correlated across machines on the factory floor to provide clearer insights into the root cause of work stoppages, equipment failures, and safety-related shutdowns.

Implement IIoT analytics

Production analytics serve as the missing piece of the IIoT puzzle and also form the ‘last mile’ that connects up shop floor operations with top floor decision-making. However, the full potential of IIoT solutions in terms of ROI, plant performance, quality, efficiency, and compliance can be realized only if the platforms companies use for production analytics provide results that have practical relevance and are also easy to understand.

Platforms suitable for production analytics that add value will usefully complement existing SCADA, MES, and ERP systems, although they differ considerably from these solutions in terms of functional scope and implementation effort.

Your journey towards IIoT

Your journey towards IIoT

While the comprehensive introduction of data analytics to large-scale manufacturing is certainly an immense task, even small achievements and successes on the journey to IIoT will be rewarded with significant improvements to productivity, quality, and efficiency. Forward-thinking manufacturers can take advantage of options to use continuous improvement and stepwise optimization of their systems and processes to transition their facility operations from a reactive to a proactive approach.

No matter where your company is on its journey towards IIoT, the most important aspect is and always has been to secure efficiency gains at every stage in production – from the collection, retention, and visualization of plant and machine data to the continuous monitoring and analysis of plant performance in real time.

For more information on how to implement a manufacturing analytics platform in your IT and OT environment, along with the technical specifications and integration requirements, please contact Intelligent Solutions to learn more about its Enterprise Data Management solution for manufacturing analytics or arrange an appointment for a live online demo.

Five reasons why manufacturers should implement real-time analytics

 

Find out more about our solutions for IIoT!

 

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