In today’s connected world, machines communicate and coordinate with each other in ways that were not possible before. These smart machines are changing the way businesses work, optimize efficiencies, boost productivity, reduce costs, and bring products and services to market faster. These major industry transformations are enabled by the Industrial Internet.
Powered by the Industrial Internet, this new way of doing business is revolutionizing how decisions are made and generating unprecedented value. Combined with the more recent advances in computing, information and communication systems—in addition to data collection and data sensors—the Industrial Internet delivers the power of data and advanced analytics. With intelligent insights, decision makers can drive smarter design, operations, and proactive maintenance as well as higher quality service and safety. It drives powerful outcomes and affords new possibilities for industry—enabling businesses to reach never- seen-before performance levels.
Transformation powered by the Industrial Internet
Industrial Internet-enabled solutions are changing the game for industrial companies. They’re enabling businesses to leverage big data to drive performance optimization in their current operations. They’re also enabling predictive analytics so businesses can take a proactive approach to minimize unplanned downtime.
Imagine you increase asset performance by 10%…or improve production up time by 5%…or drive inventory costs down by 10%….or lower your overall total cost of ownership by 15%…or improve quality by 10%…or enable labor efficiencies by 20%. These are the real-life results of forward-looking manufacturers that have taken steps to leverage the power of the Industrial Internet. These are significant outcomes that companies are achieving today by connecting their machines, data and people and leveraging well- orchestrated analytics. Even small productivity increases are proven to drive big changes in performance and operating margin.
Optimizing operations with Big Data
By connecting your machines and industrial big data, the Industrial Internet enables you to better understand your operations. You can visualize how your assets and processes are behaving in real time and what events occurred. What’s more, you can drive operations to their fullest potential based on key parameters such as market demand, weather conditions, plant environment, load balancing, and other business objectives.
Let’s say you’re a manufacturing company and you need better visibility into your complex production processes to achieve optimal control of your operations. Solutions powered by the Industrial Internet can, for example, help you monitor your processes and control loops. So when a control loop is insufficient, you can quickly identify what has changed and why. You can get to the root cause of the issue, and gain better insight into your process and control problems to minimize deviations outside set parameters. The result: greater consistency, process optimization, and safe production.
Maximizing uptime with Predictive Analytics
What’s more, to capture the full potential of optimization, you not only need to understand the current state of your operations, but also have the ability to predict what will happen before it does. While industrial machines have always issued early warnings, it was in an inconsistent way and in a manner where details often crowded out the most critical information. The advent of networked machines with embedded sensors and advanced analytics tools has changed that reality.
Now you can leverage advanced analytics in context to predict, providing real-time operational intelligence to the people who need it to make the best decisions. Thus, you have intelligent foresight to take appropriate action and proactively avoid issues before they occur and then communicate to the right people in the right place at the right time —a powerful capability that allows for continuous operation.
Making the Industrial Internet real
The Keystone to the Industrial Internet foundation is the “connectivity” to transfer the vast amount of sensor data to the Internet cloud. With it’s convenience and cost advantages, wireless broadband (IP) is primarily used in machine-to-machine communication. To cope with this tidal wave of demand, Governments around the world are freeing up more and more frequency bands. Recognizing this trend, Doodle Labs has focused on making cost effective Industrial Wireless Broadband transceivers, in all frequency bands to play an enabling role.
Industrial Internet: Pushing the Boundaries of Minds and Machines
by Peter C. Evans and Marco Annunziata
The world is on the threshold of a new era of innovation and change with the rise of the Industrial Internet. It is taking place through the convergence of the global industrial system with the power of advanced computing, analytics, low-cost sensing and new levels of connectivity permitted by the Internet. The deeper meshing of the digital world with the world of machines holds the potential to bring about profound transformation to global industry, and in turn to many aspects of daily life, including the way many of us do our jobs. These innovations promise to bring greater speed and ef ciency to industries as diverse as aviation, rail transportation, power generation, oil and gas development, and health care delivery.