In a Mckinsey survey of 300 IoT practitioners, 40% identified that discovering and determining use cases and applications as a major capability gap for them. 48% mentioned managing data was another.
Such gaps can, and do, contribute to IoT implementation failures. A study by Cisco found that only 26% of the surveyed companies were successful with their IoT initiatives.
So, do we abandon IoT?
That is not an option.
Consider why: The Mckinsey survey also showed that IoT leaders gained significantly from their IoT projects. Even the IoT laggards claimed reasonable gains.
At Digi2O, we believe that the decision making process can be simplified using a basic framework that can ensure a very high probability of success. Suffice is to say that proper strategy and good planning are the keystones of a successful IoT implementation.
IoT projects are essentially data projects. Installing an IoT solution, without giving sufficient thought to why you are collecting the data and what you will do with the data, can be a recipe for disaster.
Below is a view of the framework which we use. It is simple but not simplistic. Zooming into each of the boxes in detail and executing them correctly can help you achieve your IoT objectives with a higher success rate.
I will be happy to speak with you if want to know more about how to go about your IoT project.
Meanwhile, I would like to know about your areas of concern, if any, so that we can serve the community better. Please write back to me in the comments section.
A team calling itself Project Awaazz has developed a technology using motion and infra-red sensors to detect potential hearing disability in children. This is a great boon for so many children in India that are born with hearing impairment every year. The technology ensures that corrective surgeries are done on time to prevent life-long deafness.
In Israel, they are using a mobile app to detect diseases in plants. All you do is to use a mobile app in your smartphone to scan the plant. Using OCR technology and data science it reveals the disease the plant is suffering from so that the farmer can take immediate action. Imagine the amount of costs saved for the farmer in finding the problem and attending it on time.
As this momentous year draws to a close, we at Digi2O, find it apt to reflect on how we could use technology to make real impact on the teeming millions.
You may be involved in building solutions that will make a difference and touch lives. Or have already done so. I request you to share your journey so we can learn. Or better still, join hands and do it together. Let not such a crisis go waste – as was once famously said!
Wishing you and your family a safe holiday season and a prosperous and healthy New Year.
From the humble TV remote and mobile phones to sophisticated machines on the shop floor and rocket guidance systems, there is no way that you can do without the tiny microprocessor.
But, until now, only a handful of countries actually possessed the competency to design and develop microprocessors.
This is now changing.
IIT Madras, C-DAC and IIT Bombay have developed our own Swadeshi microprocessors supported by Government of India (MeitY). This is expected to bring the much needed indigenization of this technology so that we are self-supportive and help the building of safe and secure hardware in India.
Interestingly, MeitY has announced a Swadeshi Microprocessor Challenge that incentivises start-ups, institutions and individuals to build platforms around the Shakti (IIT M) and Vega (C-DAC) microprocessors for various applications.
We, at Digi2O, have partnered with a couple of leading research institutes to participate in this challenge. In line with our aspirations and goals we intend to build a platform that supports Industry 4.0 with affordable and easy-to-implement solutions.
We now need your support to make a meaningful product that meets your needs in all aspects.
Please feel free to get in touch with me by email (firstname.lastname@example.org) or at 8754595872 and I will be more than happy to speak to you.
Did you know that Digital Performance Management or DPM has been found to help companies to boost productivity between 40 and 70%?
DPM, supported by IIoT, is making information transparent, improving accountability and helping factories make better and faster decisions. Dashboards from the shop floor and the field on metrics such as production and productivity, breakdowns and stoppages, quality and scrap, can now be made available on floor display screens and on mobile phones.
No longer do you need to maintain manual logs or tons of spreadsheets. Data moves directly from machines to your dashboards without painful manual intervention. Behind this remarkable transformation is the unquestionable role of sensors and PLCs attached to your equipment.
PLCs or Programmable Logic Controllers are the brains behind most modern machines. They are ubiquitous in all types of industries. In fact, you cannot imagine any modern factories without them. They are small computers that are used to sense various operational parameters and control machine operations. A PLC is quite integral to the automation of a machine.
PLCs are a repository of a wealth of real time data from machines that can make Digital Performance Management happen. Though, DPM is not a panacea for the COVID and post-COVID world, it can be a major game changer for factory managers by helping them manage their work remotely and lowering stress.
If you are a factory manager and looking for some affordable but high impact solutions in your digitalization journey, we recommend that you seriously consider implementing DPM.
We, at Digi2O, have created intelligent digital systems that support informed and accelerated decision making and which improve the efficient use of your assets. This can be used to interface with your machines and PLCs to support you in your DPM implementation effort. Please feel free to write back to me or request for a call back if you have any questions on how to implement DPM in your organization.
Just five days back a massive boiler explosion occurred in the Neyveli Lignite Corporation power plant. This was the second such incident in two months. Other recent major industrial incidents include Styrene and hydrogen sulphide gas leaks in Vaizag which claimed several lives.
Nearly 50,000 people die in industrial accidents in India every year (Click here). This is alarming, as we not only lose valuable lives, but businesses also get ensnared in managing the aftermath of the accident.
What can we do? As factories become smart through digitalization to reduce costs, improve productivity and innovate, they should also seriously look at technology to improve safety and well-being of their employees.
Data from sensors and devices can use AI engines to predict failures much before they happen. Computer vision systems can warn about impending dangers such as potential collisions, malfunctions and incorrect O&M practices. Wearables can be used to track operator health and fatigue. AR and VR technology can be used for safety training to support safe O&M practices. Historic data can be analysed to understand the causes of past failures so that preventive measures can be put in place.
Time is now ripe to harness the power of digital technologies to save lives and limbs and build sustainable and healthy work environments.
We, at Digi2O, have created intelligent digital systems that support informed and accelerated decision making and which improve the efficient use of your assets. This can be used to improve your workplace environment, health and safety.
Please feel free to write back to me (info@digi2O.com) or request for a call back if you have any questions on how to implement digitalized safety in your organization.
We pray for your good health and a bright digital future. Look forward to speak to you soon.
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