Predictive Maintenance is an excellent strategy that allows companies to keep machinery in good working order before breaking it down. Companies can profit from predictive Maintenance since it has a high return on investment, is less expensive than reactive maintenance, and can help reduce repeated expenses. Starting small, identifying PdM-ready jobs, and identifying the requisite…
Humankind is truly relishing the sweet fruits of scientific discoveries and inventions in the current era. Industries have achieved great heights in contemporary times, thanks to modern technology. Of course, science and technology have helped industries grow for many years. However, it is the recent time that saw industries taking giant strides with the latest…
Market Research Future predicts that by 2022, “the global predictive maintenance market is expected to grow to $6.3 billion”. Companies in asset-intensive sectors fight to keep a balance between managing costs down and asset availability up. Powerful asset management and maintenance play a pivotal role in assuring that this balance is kept – letting these…
Every industry of the economy is expanding fast with drones, but drones solution in the agriculture sector are flourishing. As per Statista, “the market size for drones in smart agriculture will increase from approximately 1.2 billion U.S. dollars in 2019 to 4.8 billion U.S. dollars by 2024”. From scouting to security, drone use will become…
Manufacturing is at the forefront of a movement known as the Internet of Things. Industry 4.0 presents a significant opportunity to change the lives of both employees and clients and kickstart innovation and actual market value. By 2021, global IoT spending is expected to total nearly $1.4 trillion as organizations continue to invest in the hardware,…
Industries across the world are leaping into the digital transformation wave by adopting advanced technologies. It’s the same for the manufacturing sector, which has taken up the lane of analytics to bring in the vigor of informed decision-making and enhanced performance. The manufacturing sector has leveled up with the concept of Industry 4 that’s decked…
The industrial space has emerged as one of the quick and effective adopters of IoT technology. It could be rightly accepted that the advent of IoT in the domain of manufacturing has aided workshops and companies to overcome the issues faced in the production process, thereby garnering benefits from a real-time monitoring system. Being a…
A digital twin technology may sound futuristic and enigmatic; however, it’s just another method of Industry 4.0. Digital twin platforms gather the trendiest technologies into driving and engaging solutions with huge prospects across various sectors. The implementation of digital twins is increasing from healthcare to manufacturing to retail. So what is digital twin technology? The…
With the advancements in information and communication technology, the business world has entered the age of Industry 4.0. It has brought the dimension of technologies like Big Data, Internet of Things, Cloud Computing, etc., that play a pivotal role in digitizing the value chains in various industries. When the discussion is about Industry 4.0, IoT…
In the accident time, the way we communicate has changed beyond all comprehension. Now, our planet is more connected than ever. Right now, technology is connecting not just people but also machines and devices together on a global system, forever transforming the method we do business, and M2M solutions are making this change. What is…
Adopting New Technology, which was once a daunting job for the Product Engineering Companies, has become the Hour’s need. Industry 4.0, the fourth manufacturing change, brings a sea of opportunities fueled by technological improvements such as inter-connectivity, automation, big data, machine learning, Artificial intelligence, real-time data, and more. For instance, GPS helps you get to…
There are several reasons why an Original Equipment Manufacturer (OEM) might choose to outsource elements or all of their manufacturing functions and Product Development Services. Though there’s been a change in company rights that’s resulted in a shift in priorities or a drive to reduce costs? Perhaps your sales are rocketing and your in-house abilities…
Project DescriptionThis module is IoT based on which is used to make any device as smart device. Any manufacturer can use this module to prepare their device as smart device. This module can be used as Individual or it can be used with other micro-controllers as Host Device. As an individual module, any analog sensors…
