What Will Manufacturers Gain When Using IoT

By advancing technological aspects in every industry, the Internet of Things has undeniably become one of the core driving forces and the most choices behind Industry 4.0. The Internet of Things has huge growth and impact on manufacturing enterprises, operational aspects, and transforming business.  Now, smart manufacturing has been adopted in many enterprises due to the need for automation and data-driven decisions, resulting in no more guessing and predicting the company's future by gathering accurate data from their various sensors.

According to Cisco, manufacturing will have a potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025. Also a PwC survey conducted in Germany has revealed that 91% of enterprises are investing in IoT and smart manufacturing.

Here are the benefits that you can gain by using IoT and why you should invest in this technology.

Better Decision-Making

Comprehensive data is important for asset optimization and resource management. IoT sensors will gather the data and create metrics. The result will not only allow enterprises to use those insights to be better-informed decision-makers but also faster and more responsive entities. 

Cost Efficiency

The most common problem for the manufacturing industry is cost expenses such as energy and downtime losses. The presence of IoT technology will help the automation and will impact on operational cost reduction. The predictive maintainence and optimized asset management will radically reduce many possible issues and of course, turn your companies to be more efficient. According to a PwC survey, companies expect a total of 12% efficiency gains over five years.

Customer First 

Quality is over quantity. The loyal customer comes from the companies' succession to address their behavior of potential into loyalties. IoT technology enables companies to take advantage of predictive maintenance that will allow them to improve their product quality. Also, accurate statistical evaluations will help companies to innovate, plan, design, build, operate and maintain their manufacture which greatly improves customer satisfaction.

So, if the companies want to survive and always improve their performances, Smart Manufacturing is the solution that will provide the Manufacturing Execution System (MES) as a digital ecosystem in the manufacture. MES will integrate and analyze the data from many sources to give insight for productivity, efficiency, and security. 

Telkomsel IoT will be here to collaborate with your company, provide services to face all kinds of challenges ahead, and gain valuable insights for the business. For further information about this digital transformation, please contact us and get ready to grow with us.