The cost-effective, low-risk path to IoT transformation
Today’s manufacturers seek industrial IoT solutions that improve operational visibility, address machine uptime requirements and respond to competitive pressure. The extensive benefits of an IoT solution include data insights, remote diagnostics, automated report generation and machine utilization tracking, to list but a few. The trick, of course, is turning this knowledge into profit.
In addition to improving engineering and design concepts, OEMs and machine builders can leverage data from Parker’s Industrial IoT solution to create systems with less simulation and modeling requirements. Using real data from the existing infrastructure, the options for creating new designs (or even new uses for equipment) can lead to new markets and product lines for manufacturers and machine builders alike.
By tapping into Parker’s Industrial IoT solution as a monitoring technology for factory equipment, businesses can improve operational efficiency, reduce downtime and make productivity gains.
Learn how to simplify and optimize the journey to digitalization by downloading the white paper: 'Industrial IoT Transformation'.