Save in $ Billions with The Internet of Things (IoT)
Human race is running very fast to beat the time. In this race, we often fix problems at the surface level and did not go into the root cause of the problem. This results in repeated occurrence of the problem creating a bigger damage.
The reason for most of the quick fixes we do is that we don’t have enough data to understand the real problem.
If we set a target to reduce the power consumed in a manufacturing, our agenda would be to switch off all unwanted visibly running equipment without understanding who is the real culprit.
The real saving will come when we really understand who is the real guy who is consuming the excess power than the prescribed rating.
Aristotle says, “The whole is greater than the sum of its parts.”
Internet of Things (IoT) is the saviour which can help you collect a lot of information from various points of interest and help you analyse it with a time perspective and take proactive decisions.
You can deploy the sensors in your production line to understand the flow of materials, machine efficiency and make decision on the maintenance schedules.
With real time data, we will be able to make the best decision in manufacturing, shipping, health care , fitness , automotive, home, etc.,
“By looking at close to 600 variables in 16 stations in the assembly line and looking at data over a period of time we have been able to bring down scrap by 67% — that’s massive in terms of material usage. If you put a cost to the material, you are saving close to 2.4 million euros annually.” , claims Bosch.
Contact us at support@bevywise.com or provide details for a free consultation on how you can improve your efficiency with IoT.
Disclaimer: This is an Contributor post from Mr.Ranjith Kumar (Founder & CEO, Bevywise Networks). The statements, opinions and data contained in these publications are solely those of the contributors and not of TamilEntrepreneur.com. Originally published at www.bevywise.com
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