The manufacturing landscape has gone through a series of linear and non-linear shifts. Mindshift towards real time business and technology integration has led the Manufacturing leadership to embrace Industrial Internet of Things. This has given the best benefit to the business by removing silos by creating a continuous efficiency and experience flow across the value chain.
IIOT: The New Backbone of Manufacturing Efficiency:
COVID-19 pandemic has highlighted the need for resilient value chain. Digitization is more robust than ever while saving Digitization from cybersecurity risks, threat models are key as well. This adds up to what is referred to as IIOT and Industry 4.0 and 5.0.
Manufacturers are pivoting towards selective automation:
- Innovation and Flexibility:
- Smart Manufacturing: Data collection from any source, making it more real time and real time analysis have made factories more connected than ever. Driving optimization is the next step for any manufacturing plant. Solutions like Digital Twin is a step one to embrace digitalization, and simulating a real life scenario. This drives better decision-making capabilities. Interconnectedness is the new normal.
- Customization and Scalability: Line balancing in manufacturing is a key feature to produce optimized inventory for demand signals. IIOT has given an edge to the overall supply chain beyond manufacturing to drive demand-based production.
- Enhanced Operational Efficiency:
- Asset maintenance has been a pureplay cost optimizer for plant management team. With IIOT in place, asset life management has been very well managed, which in turn drives cost down.
- Process optimization with IIOT has been one of the most common way to drive Overall Equipment Efficiency model for manufacturing.
- Improved Quality Control:
- Automated inspection: Camera analytics has been the most recent trend in the industry for inspection. Reducing rework has been a huge cost savings.
- Enhanced Safety and Quality: Energy management, worker safety and overall sustainability has driven IIOT and Sustainability come together very strongly. Built on the real time data collection models, re-skilling workers through augmented reality, and maintaining zero waste management have been some key areas of transformation opportunities for organizations.
Crafting the Future of IIOT with Coforge: Where Manufacturing is no more a cost center
Driving transformation from a cost center to a profit center has been a huge opportunity for Manufacturing businesses. IIOT and Sustainability are the right combination to drive leaders in Manufacturing Business Unit to sit across the table with Sales and drive product strategy, product development, product delivery, returns management and working capital management. Driving AI models on top of IIOT models either on edge or on cloud platforms have been the new normal for driving cost optimization at plant operations level.
With data driven decision making, actionable insights, and real time monitoring, AI-led IIoT is thus a cornerstone of the modern manufacturing industry, offering significant improvements in efficiency, quality, safety, and sustainability. By leveraging these advanced technologies, Coforge drives manufacturers to stay competitive and responsive in an increasingly dynamic market. “Plant in a box” from Coforge drives a lift and shift mindset making implementation very scalable and repeatable. Process Industry as well as discrete industry is witnessing a shift towards AI led IIOT and Sustainable Manufacturing.
As indispensable allies in the IT service domain, we empower manufacturing leaders with cutting-edge technological solutions that breathe life into an interconnected value chain. The synergy between our bespoke IT services and the IIOT models is crafting the manufacturing experiences of tomorrow, ensuring that every “Plant in a box” journey is as unique as the individual it serves. Cyber security, risk management and data protection management are some of the key components of this solution.
Organizations are being asked to repeat, scale and make implementation more reliable. Plant in a Box offering from Coforge drives advisory, implementation and managed services for cloud based IIOT solutions for manufacturing management.
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