Mobile apps and the Internet of Things are leading the revolution towards digital asset management. The Industrial Internet of Things (IIoT) is a 60 billion dollar industry expected to grow at a 21% pace till 2028 while the mobile apps revolution has already captured the majority of the users on the planet.
Mobile Apps integrated with IIoT have the potential to transform business models and bring efficiencies throughout the asset maintenance lifecycle. From improving connectivity and collaboration to deploying flexible automation solutions, the integrated solution has many areas it can add value to.
The challenge, however, remains in execution. Though the scope for testing and implementing digital pilot projects has expanded due to rapidly evolving sensor technology and improved data connectivity, the challenge of scaling them remains. According to Cisco, almost 74% of the IIoT initiatives fail. These failures can be attributed to a lack of uniform data collection, non-user-centric design, and an inability to archive strategies and equipment data.
We are sharing below some of the real-world use cases that result in quick gains:
- Predictive Asset Maintenance: Equipment integrated with IoT sensors sends real-time asset health data for predictive analytics using AI and ML. Based on sensor data, the system can predict failure and create work orders in SAP or IBM Maximo automatically for preventive maintenance.
- Populate Equipment Data from Sensors: During the maintenance process, a typical technician spends a considerable amount of time recording asset information. It can be automated with an IoT-integrated mobile app. The app will use the data from the sensors and populate it on the respective form fields, freeing up the technician’s time to perform more productive tasks.
- Remote Asset Health Monitoring- Traditionally, operators are sent to the field to perform routine inspections. It is a labor and time-intensive preventive maintenance practice. By using IoT for asset inspections, you can monitor your equipment’s health/condition without any human intervention.
- Trigger Alarms/Warnings for Critical Equipment Conditions: IoT-enabled solutions can prevent unplanned downtime and production delays by triggering alarms and warnings for critical situations such as system malfunctions, low fuel levels, or higher Early warning alerts help in taking corrective actions and reduces plant downtime.
At Unvired, we stand ready to improve the success rate of your IoT initiatives. We can help you reduce the time and effort it takes to bridge disparate systems necessary to make your digital projects successful. We have worked with various enterprise and SMB customers to deploy digital/mobile solutions for enterprise asset management and field service use cases. If you would like to discuss more on how to improve your asset maintenance processes, contact us today for a live demo or send an email to firstname.lastname@example.org.