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Showing posts from July, 2021

Why Digital Transformation is The Key To Success For Any Industry In 2021

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A year and a half in the pandemic have set a timer for companies to go digitally themselves and survive. With digital transformation in industry & New technology was entering the workplace rapidly also 2020 made it imperative for industries to make it happen within months.  Many companies lost to the crisis at hand while some survived and some thrived. The key indicator to this survival was digital transformation. Industries that adapted immediately and implemented digital transformation solutions into their business process were the ones to continue thriving while others ceased to exist.  Let’s understand digital transformation before we get into the details of why industries should kick into high gear for it.  To put it simply, digital transformation is defined as the use of digital technology, data, network and the internet for doing business. This transformation is aimed at creating better and efficient ways of doing business, finding new capabilities, r...

How Augmented Reality (AR) Will Change the Industrial Landscape in 2021

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When it comes down to technical advancements, countless technologies are changing the face of the future. AR, aka Augmented Reality technology, is one of those techs that have huge potential and its surging market clearly proves it. As per stats, the global augmented reality market is growing at a   CAGR of 43.8%   and is expected to do so till 2028. Augmented Reality technology became popular with the launch of Pokemon Go back in 2016. However, it was just a baby version of it. Since then, it has seen consistent improvement and adoption across various business sectors. Today, AR is not just limited to gaming, but it has a plethora of industrial applications. Let’s take a look at some of the adopted, and potential Industrial Augmented Reality applications! 1. MRO (Maintenance, Repair, and Operations) Industries are full of heavy machinery, whether they are pumps, car motors, boilers, MRI machines, or else. As they are extensively used, it is imperative that they will require t...

Role of Preventive Maintenance in Reducing Downtime in Enterprise

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Machine failure or downtime can cause a loss of thousands of millions of dollars across various industry sectors. As per the recent Deloitte study, unplanned downtime   costs approximately $50 billion  every year to manufacturers. Apart from this, companies have to face loss in productivity and failure in meeting deadlines. Here, preventive maintenance lends a helping hand and acts as a preventive measure to reduce the risk of sudden downtime with digital solutions.  Manufacturers who want to give a seamless customer experience while maintaining the quality of products and services need to use preventive maintenance software. It is because even a slight unwanted outage can bring significant damage to processes and even the company’s reputation. Remote monitoring of the equipment at regular intervals can help companies eliminate risks associated with machine dysfunction and outage.  An official survey has revealed that companies that deliver high-quality products and ...

The Role of IoT in Shaping the Future of Smart Building Automation

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  IoT is one of the finest technologies in today’s time that is advancing smart building using IoT expeditiously. The technology is adding new value by bringing distinct systems together and improving the overall quality of the building in a cost-efficient manner. However, many building owners still resist bringing this change as they find this upgrade an unessential waste of their money.  To their unawareness, they don’t comprehend that by creating a smart building IoT technology   they can save enormous money and break free from the regular stress of building maintenance. This blog will help you understand how the implementation of digital transformation solutions through IoT can be a game-changer for the overall enhancement of your building.   Significant Ways that are Helping to Reshape the BMS Sector There is a common misconception in the minds of various people that the process of IoT building automation   is highly expensive. This is not true. With t...

Ten Ways Industrial Internet of Things is Changing Manufacturing Industry

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  As per   the recent prediction , the number of connected devices will cross 46 billion globally by the year 2021. These devices will make the world more connected than ever while strengthening the concept of IoT (Internet of Things). In the past few years, various core sectors including the thriving manufacturing industry have witnessed the rise of Industrial Internet of Things (IIoT) technology. Many manufacturers have started investing in industrial IoT in manufacturing to leverage its benefits based on IT-driven smart solutions.  In this pandemic age, the global manufacturing industry is passing through a huge transformation. Advancing IoT technology can play a crucial role in this transformation along with other emerging technologies. IIoT can not only enhance efficiency but also open the doors of new opportunities for manufacturing companies. It is possible to get the benefits of robotic process automation and predictive maintenance with IIoT technology.  The ...

How FMCGs can Utilize Digital Transformation Solutions to Stay Ahead

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What would you do if you needed something today? Probably go online, look for that thing and order it, right!! Think about the same scenario but 10-15 years back; one had no other choice than to head out to get the respective thing. This is how digital transformation solutions have affected the FMCG and various other sectors. Moreover, the disruption of the digital transformation in fmcg has also elevated its market. As per Allied Market Research, the global FMCG market is expected to hit the massive  $15,361.8 billion  mark by 2025. One thing is clear that with the advancement in digital technologies, these numbers are not going to stop any time soon. Plus, the inclusion of IoT in FMCG industry has also taken it to new heights. There are countless other aspects that have led to Digital transformation in FMCG industry. Let’s take a look at them! 1. Remote Asset Monitoring System 2. Connected Worker Solution The key factor governing a better customer experience is the productio...

Top Five Benefits of Industry 4.0 for Modern Enterprises

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The advent of Industrial IoT (IIoT) has started transforming the core processes of industries worldwide. It has brought radical changes in the way of operating, communicating, and utilizing data across various industry sectors. Today, industries witness tremendous competition and it is necessary for them to remain competitive for achieving growth. There, industrial IoT Industry 4.0 solutions come into the picture.  IIoT solutions enable modern enterprises to make the most of the Industry 4.0 concept and transform various processes. Apart from having a competitive advantage, IIoT solutions can take care of all major processes ranging from maintenance to logistics and workflows to project completion. Let’s dig deep into the top benefits of IIoT and Industry 4.0 for your enterprise. But, before discussing these benefits, we will go through a brief introduction of IIoT.  Introduction of Industrial IoT (IIoT)  Top Benefits of IIoT for Industries Reduction in Human Errors IoT i...

How to Choose the Right Remote Support Solution for Your Enterprise

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Unplanned or unexpected downtime can wreak havoc on production irrespective of the company’s size. As per an official survey, almost every factory loses 5% of productivity with a 20% loss due to unplanned downtime. This can translate into the loss of millions of dollars in revenue every year, globally. Thankfully, modern companies can take the help of a remote support software solution to get real-time assistance from technicians for remote plants. Be it a utility company or communication services provider, manufacturing industry or an insurer, it is imperative for every enterprise to get uninterrupted services from remote technicians. AR remote assistance software can make it possible for modern enterprises. The concept of remote support solution in field service includes on-screen guidance overlaid on a live video and based on AR technology. It enables remote experts or technicians to show their customers or field workers how to resolve issues. These days, several AR-based remote ass...