Industrial Internet of Things (IIoT) in action
IoT. IIoT. They're trending terms. But how do these terms translate to strategy development and day-to-day operations in your maintenance operation?
First, a definition
The Internet of Things (IoT) leverages technologies such as sensors, cloud platforms, connectivity, and analytics to digitally disrupt whole industries, making them more efficient. Organizations adopting IoT strategies run the gamut from consumer companies, agriculture, healthcare, manufacturing, and utilities to government and cities. The Industrial Internet of Things (IIoT), a subset of the broader category, focuses on addressing the specific requirements of industrial markets such as manufacturing, oil and gas, and utilities.
Why you should care about IIoT
Grand View Research reports that the global IIoT market is expected to reach USD 933.62 billion by 2025. The value of the sector exceeded $100 billion last year and has a compound annual growth rate (CAGR) of more than 25 percent, according to the report.
The question is no longer if you will digitize your maintenance operation--it's when. Digital transformation enables organizations to spend time on the right activities, wringing every bit of productivity and efficiency out of them with predictive information and intelligence from other systems that weren't readily accessible before. It's not just about keeping operations up and running; it's finding every small efficiency that together will add up to significant savings and competitive differentiation.
An example of IIoT in process manufacturing
Precision farming takes advantage of technology to improve the productivity of every square foot of land, which is a precious and limited resource. For example, modern farms of all sizes today use advanced technology like GPS guidance systems to ascertain everything from equipment location to land utilization. Most importantly, precision farming helps reduce waste, optimize labor, increase profits, and sustain the environment.
Grimmway Farms, the largest grower, producer, and shipper of carrots in the world and the largest organic producer and grower, measures its assets' performance on how they support strategic company goals. The company has used Infor EAM for nearly 10 years to maintain assets in a state of good repair.
“If assets aren’t performing optimally, then attaining a high level of reliability, improving performance, and maintaining a safe and sustainable working environment is impossible,” said Katie Diesl, director of finance for agriculture at Grimmway.
The company's mobile maintenance technicians had been servicing vehicles where they were located out in the field, but managing fleet location information was a cumbersome manual process that required a lot of labor and wasted time. The process was inefficient and expensive and had the potential to put critical assets at risk.
To complicate matters, vehicles frequently had been moved to another location by the time the tech arrived. If the tech found a different piece of equipment there, he’d go ahead and service that piece of equipment out of convenience. In that case, Grimmway was paying for maintenance that wasn’t necessarily needed, driving up their costs. Vehicles were either not being serviced or they were being over-serviced.
Grimmway solved this problem by deploying IIoT-based technology--GPS tracking devices on each of its critical vehicles--integrated with Infor EAM. These devices not only provide location tracking, but they also capture basic vehicle usage data, like miles and minutes, eliminating the need to manually collect data and then manually enter it into the system.
Get the details of how Grimmway is harvesting the benefits of their EAM-IIoT integration. Read their story on page 57 of the Plant Engineering IIoT digital report.