What is the Value of Real-Time Data: How much does it cost you to wait hours for updated information?

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Provided by: IQMS
Topic: Data Management
Format: PDF
Real-time of the past is not the real-time of today. Out on the shop floor, the user robots and work centers are gathering tremendous amounts of data. Production details regarding performance and maintenance are being tracked and in-depth information about the products the users are making is being gathered. In the past, this data was trapped within their high value production equipment because of a lack of connectivity back to a central location. Today, thanks to the Internet of Things (IoT) movement, sensors and Programmable Logic Controllers (PLCs) are able to capture that data and communicate it, through highly connected IP networks, back to a central enterprise-based system (such as ERP and MES solutions) in real time.
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