Regenerative Medicine

5 Best Ways to Solve Business Problems with IIoT Solutions

 5 Best Ways to Solve Business Problems with IIoT Solutions

Solving problems with IIoT solutions

Life at the forefront of industrial automation (AI) is home to a multitude of peripherals that process, transmit, and store data across networks. But when factories are at the edge, located in remote locations, more intelligence, processing power, and advanced services are required. Industrial Internet of Things (IIoT) solutions do just that.

IIoT solutions enable advanced devices to collect massive amounts of data for analysis to drive better business results. But these are not the only advantages. Implementation affects your business by:

Reduced Cost of Downtime - Even a second of downtime can mean millions of dollars wasted for some businesses. Factors such as damage to reputation, environmental damages, litigation, and others can increase the cost of downtime. To help you, Stratus offers an Downtime Calculator to help you understand the true cost of unplanned downtime for your plant.

Accurately Trace Potential Errors - Track any equipment and detect a wide range of supply chain errors without human intervention.

Improved Work Equipment Safety - Process variability results in fewer process interruptions, which means less energy consumption and better production. With online monitoring, even minor mechanical problems can be detected earlier, increasing the safety of employees.

Supports predictive maintenance - With algorithms, artificial intelligence, and more, platforms can now predict equipment failures and alert organizations ahead of time.

Real-Time Data Delivery - For companies that need to respond quickly to real-time data, IIoT solutions are essential. Real-time data analysis improves manufacturing and manufacturing processes and helps your business thrive.

With advanced computing, it becomes possible to improve efficiency and more rational operations. To be successful in adapting an IIoT solution, first ask yourself these four questions:

How can we encourage synergy between teams?

Are the apps in the right place?

Are you in the mood for efficient edge scaling?

Wha is the best way to secure this new connected edge?

For most, the path to IIoT will be an evolutionary path. This means that you need to carefully study the existing operating technologies. Take a look at the secure, simple, and reliable platforms that can support the IIoT perspective in our Asset Performance in the IIoT Era webinar.