How Smart Connected Operations Help Business

Augmented Reality | 26 February 2018 | Team EACPDS

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Smart connected operations are transforming companies and changing the way we do business.

Imagine if your company was able to take advantage of data that revealed existing and future problems, and allowed your team to make drastic improvements by completing predictive maintenance and service.

Business decisions can no longer be reactive. You need to be proactive — Here’s how smart connected operations could ‘revolutionize’ the way you do business.

Smart connected operations help businesses make faster decisions

What helps a company make fast, highly informed decisions? Data.

Smart connected operations allow information to be collected from multiple sources, assets, facilities, and even vendors. This connectivity allows data to be collected and analyzed to inform decision-making and enable teams to make faster decisions.

Smart connected operations help businesses increase operational performance

Smart connected operations can help your business monitor and track asset viability, ultimately allowing your company to reduce downtime, improve design, and improve utilization.

Data from connected assets, in collaboration with other enterprise systems, can provide not previously possible visibility and automation across organizations.

For example, product data flowing through a CRM system can also be sent to billing or into a supply chain management system— helping to eliminate error-prone manual steps and providing new sales opportunities for things such as consumable replenishment or warranty renewals. (PTC)

Smart connected operations help businesses decrease lead time and increase product quality

The insight smart connected operations provide will help you improve and perfect your production processes.

By integrating smart technologies and processes, your organization can lower development costs, time-to-market, and improve your overall product quality.

Smart connected operations help businesses improve manufacturing responsiveness

A sensorized manufacturing floor let’s you monitor performance, in real-time, and provide valuable information to field service technicians and manufacturing floor managers.

Service responsiveness will be accelerated with remote monitoring, access, and complete management of your disparate systems through enabling smart connected operations within manufacturing.

Smart connected operations help businesses improve supply chain coordination

The new capabilities of smart, connected operations will alter every activity in the supply chain.

Your operational efficiency will increase exponentially if your organization reaps the benefits of integrating with other data, such as inventory locations, traffic patterns, commodity prices, and historical data repositories.

Smart connected operations help businesses reduce manufacturing IT costs

Smart connected operations use digital interfaces that make it easier and less expensive to track the production process. These interfaces are less costly to apply and easier to modify than physical system controls. By integrating smart connected operations, your company will increase operation mobility, which in turn can reduce your manufacturing IT costs.

The sensors in smart connected operations also identify a need for service before the machine or product fails. These data analytics will drive previously unattainable efficiency improvements by providing predictive maintenance analytics and higher productivity levels.

With the help of predictive analytics, smart connected operations help organizations anticipate problems and take early action.

For example, your industrial machines would be remotely monitored and adjusted by end users during and beyond operation hours. They could even begin to manage themselves leveraging machine learning and predictive analytic engines.

The bottom line is that smart connected operations have begun to change business models, organizational structure, and manufacturing system architecture.

The development and the deployment of smart connected operations will be incremental, but the opportunity is here today.

What are you waiting for? It’s time to start capturing the time, dollars, production, and quality that smart connected operations can provide.

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