19/6/18

The Digital Factory - Maximize Understanding of Asset Operations Without Investing New Capital with IIoT

Industrial Internet of Things (IIoT) technologies can be used to maximize understanding of asset operations and production without having to invest new capital. Creating a digital factory with IIoT can help improve operational efficiency, asset reliability and profitability.

IIoT
The Digital Factory - Maximize Understanding of Asset Operations Without Investing New Capital with IIoT

An article in Asia Pacific Food Industry (APFI) online trade magazine for the food and beverage industry prepared by Schneider Electric makes the case for the digital factory..

June 19, 2018—Worximity Blog, by Deanna Radford

Industrial Internet of Things (IIoT) technologies can be used to maximize understanding of asset operations and production without having to invest new capital. Creating a digital factory with IIoT technology can help improve operational efficiency, asset reliability and profitability.

Digital Factory—Avoid Idle Equipment

By using an advanced Manufacturing Execution System (MES), which “maintains order, effectiveness and quality in plant operations,” users can zero in on data analytics that identify lags within a production system. By digitizing the batch management processes for example, equipment-idle can be avoided and asset-use can be optimized.

Cloud Smart Factory solutions help with security standards, offline performance capabilities, centralized management viability. Total cost of ownership is low. Lightweight cloud solutions help with manual or semi-manual operations with a local site and needs minimal control. This is especially useful for factories in remote locations or geographies.

A hybrid approach to manufacturing that brings together on-site and cloud-based elements with advanced cloud-based applications in place can make an ideal combination.

_Header_blogue_1920x800_Tiles_robot_ipad

Digitalizing Asset Management—Avoid costly failures

Digitizing the manufacturing process to create a digital factory using big data brings valuable insights and improves performance and reliability. Here's how the process, also known as Asset Performance Management (APM), works:

  • A data historian (high-performance process database) gives detailed views into past & real-time issues.
  • Condition-based monitoring (rules-based logic set by the user,) automatically triggers work orders.
  • Predictive maintenance solutions help manage high-cost, mission-critical assets.

APM also allows users to plan and simulate maintenance strategies and imagine long-term outcomes.

Case in Point—New Belgium brewery

Digitalisation of factory processes allows companies to tap into existing assets more fully without having to make new capital investments. Upon digitalising operations using an MES, US craft brewer New Belgium decreased downtime by more than 50% and enabled the company to expand production from 150,000 cases per week to 200,000.

Have you considered cloud-based solutions for your factory? Contact Worximity to book a demonstration now.

SOURCE: An article in Asia Pacific Food Industry (APFI) online trade magazine http://apfoodonline.com/industry/food-beverage-manufacturers-embrace-iiot-market-overview

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.
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

English
3
Aug 2023

Embracing IIoT: The Smart Path for OEMs to Thrive with a Leading IIoT Smart Manufacturing Partner

English
29
Mar 2019

Make Better Decisions with Machine Monitoring

English

Related articles

Back to the blog
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Line chart comparing EBITDA and sales performance, showing EBITDA increasing while sales decline, illustrating profitability improvement, operational efficiency gains, margin growth, and business performance optimization.
14
Sep 2023

So Your Sales Are Down? Profitability Doesn't Have to Be

Learn how technology like production monitoring is helping manufacturers maintain profitability as sales soften.

English
Two manufacturing professionals reviewing digital data on a tablet inside an industrial facility, representing digital transformation consulting, smart manufacturing, operational analytics, and technology-driven process improvement.
5
Sep 2023

Your Guide to Digital Transformation with Worximity

With Worximity, you don’t just get a technology provider, you get a partner who supports you throughout your manufacturing digital transformation.

English
Isometric illustration of a connected manufacturing ecosystem, showing factory equipment, digital systems, and service operations linked through data and technology, representing the transition from manufacturing products to delivering value-added services
7
Sep 2023

Mitigating Debt Servicing Challenges with Production Monitoring

Interest rates are up, and demand is down. Strapped with higher loan repayments many of today’s manufacturers are caught in the middle. Read how optimizing manufacturing operations is mitigating the challenges of debt servicing.

English