While wearable technology for consumers might be most visible manifestation of the phenomenon known as the Internet of Things, it isn’t going to have the greatest impact on the corporate bottom line. That distinction belongs to industrial smart machines. Read the Full Story >
Consider a Siemens’ plant in Amberg, Germany, that produces PLC's (programmable logic controllers). Smart machines connected to the Internet autonomously control 75 percent of the facility’s production, enhancing efficiency so much that there are only 12 dpm (defects per million) units produced. - Operational Efficiencies is the trend that the IoT will go for implementation that impacts the corporate bottom line. The caveat is in order for that to happen, all of those practitioner's of Lean, Six Sigma, and TRIZ will be needed to identify where those opportunities are to be found and how an IoT solution could be implemented.
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