Industrial IoT (I-IoT) and IoT…what is the difference?

As if IoT in itself was not a jargon that you were trying to understand, you may run into another one- I-IoT (Industrial IoT). Since I-IoT is the technology behing smart factories, if you are a Manufacturing professional trying to get up to speed with digital manufacturing aspects, it is essential that you understand the…

Defining value proposition for predictive maintenance modeling

The Hype and the reality One of the important applications of IoT in manufacturing and operations that we keep hearing about is predictive maintenance. When planned, modeled and executed properly, it is an extremely powerful capability to build. If you have ever work on manufacturing floors, you are probably pretty familiar with the impact of…

Why Reliance will give a hard time to Amazon and Walmart

Reliance Industries has always been one of my favorite companies and the primary driver behind it has been the great founder, Late Mr. DB Ambani. He has been an inspiration for two generations of Indians. I find Mukesh to be much like his father, not trying to hog limelight but aggressively pushing new ideas and…

Analytics approaches in digital manufacturing

One of the primary advantages of digital manufacturing is that the data generated can be leveraged to do various forms of analytics. When an organization invests millions in digital manufacturing to setup a “smart” factory and in developing a digital twin, the real ROI comes from exploiting the data that these smart factories generate. There…

Analyzing the economies of predictive maintenance

The economics of predictive maintenance may not be entirely obvious. Believe it or not, it does not always make sense, even if you can predict early failures accurately. It many cases, you will actually lose money by doing it. Even when it can save you money, there is an optimal point for when it should…