4/6/18

Stats about the Future of Manufacturing with IIoT

New Gen Apps share a great infographic about the future of manufacturing IIoT and how smart manufacturing technologies are easy to deploy and can get you a quick ROI

No items found.
Stats about the Future of Manufacturing with IIoT

We came across New Gen Apps' infographic about the Future of Manufacturing with IoT.

7D3D7B9D-CFCB-40C9-B645-C91966711BBE

 

We share the most relevant stats with you:

  • 60% of global manufacturers will use analytics data tracked using connected devices to analyze and optimize processes
  • Only one-third business leaders understand IIoT (36%) and just 7% are able to implemented it.
  • $70B would be invested by manufacturers in Industrai Internet of Things by 2020
  • which will lead to a 50% decrease in product development and assembly costs.
Want to learn more?
Download the ebook
Related blog articles

Related articles

Back to the blog
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
No items found.

Related articles

Back to the blog
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Hand interacting with a futuristic digital interface displaying “2024,” AI icons, and technology symbols, representing emerging technology trends, artificial intelligence, digital transformation, innovation, and future-focused business strategy.
9
Jan 2024

Manufacturing Trends to Lookout for in 2024

As we look at manufacturing trends for 2024, pressure to stay on top of current trends and maintain competitiveness are at an all-time high

English
Automated bottling and packaging line in a manufacturing facility, with glass bottles moving through production equipment, representing production throughput, manufacturing output, operational efficiency, and process performance.
5
Dec 2023

Understanding takt time in manufacturing

Through real examples and practical insights, discover why measuring and monitoring takt time is the path to optimized production.

English
nfographic illustrating the major sources of Overall Equipment Effectiveness (OEE) losses in manufacturing, showing categories such as downtime, speed losses, and quality losses that impact production performance and operational efficiency.
15
Nov 2023

Decoding the OEE Calculation: Translating OEE Metrics into Tangible Losses

The following OEE funnel is a great way to visualize how losses in availability, performance, and quality impact OEE and your throughput.

English