Posts for digital transformation

Industrial Internet of Things (IIoT) is the Integration of Information Technology and Operational Technology for a revolutionary move of every organization.
Internet of Things (IoT)

What You Should Know About Industrial IoT (IIoT)?

A sneak peek on the internal processes and challenges in implementing Industrial IoT (IIoT).

A company uses an app to ensure that their machines have enough fuel at all times and details regarding the replacement as and when required. The operators also have instant access to all such key indicators in real-time, making it ‘human error-proof’ and increasing efficiency. This was just the beginning of the Industrial Internet of Things (IIoT), which focuses on automation, operational efficiency, maintenance, and many more mature operational aspects leading to industrial transformation. Some major industries relying on IIoT and making it more futuristic with time include logistics and transportation, manufacturing, energy, and utilities, etc. Know how Digital Transformation is shaping the future of the logistics industry.

If a production line that is miles away, monitored by automation and robots, stops due to a technical snag, a technician has to travel all the way to identify the problem, find the solution and then fix it. What if the robot had indicated beforehand that it needed maintenance? What if the technician could read the problem remotely and rectify it from where he/she is? Such is the opportunity provided by IIoT.

The Principle Benefits of Industrial IoT (IIoT)

Adopting a system that makes human labor easier and production more efficient obviously has crucial benefits. Some include,

  • Maximum utilization of assets
  • Better operational efficiency
  • Creating new business opportunities
  • Cost-efficient
  • Reducing downtime

How Can Organizations Optimize IIoT Projects?

While most of the organizations are looking to adopt Industrial IoT, only a handful are successful to see the end of it. The following are some of the ways to ensure that the whole process sees the daylight and continues to work on more complex applications in the future.

1. Start small

A massive and sudden change may be difficult to implement and also confuse employees. It is also important to experiment with the risk taken initially to be ready to face failures if any.

2. Legacy equipment

It is important to check the existing equipment for their readiness for transformation. If they are too old or not compatible with technical upgrades, necessary steps should be taken to prepare them.

3. Build partnerships

Internal partnerships between teams and required external partnerships to get things started would go a long way in creating an adaptable environment for IIoT.

4. Focus on analytics

All the big data collected should be put to proper use with proper insights, action plans, and automation. The collection of more data is also crucial to keep the systems updated.

5. Security

The biggest challenge in the Internet of Things is security. From the beginning, the security of connected systems and applications should be monitored. Rootquotient is one of the Top Mobile App Development Companies practicing security by design and embedded security since there are multiple components involved.

Talking of challenges, as with any technology, IIoT also faces challenges in implementation. Educating the employees about the change in process, security, data collection, connectivity, and visibility are the current challenges, to name a few. Integration of Information Technology and Operational Technology could result in what may be a revolutionary move for the organization.

With the right monetary investment and commitment to developing the industry’s infrastructure and be prepared for rapidly changing working systems, the initial challenges can be overcome with ease. A systematic approach of applying contemporary data management and analytic systems will add value to IIoT. Get in touch with our experts to know more about leveraging the power of connected systems by implementing the Internet of Things (IoT) in your organization.

Written by Jayashree in September 12, 2019
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The world industries are looking at logistics with keen eyes for their overdue digital transformation. Innovation and agile changes seem to be the way up.
Digital Transformation

Digital Transformation and its Impacts on Logistics

Digital Transformation helps in overcoming the tip of the iceberg which seems to bug the logistics industry.

A company has employed Mr. X, who is in charge of truck deliveries to the customers. He travels 300 km to deliver a product and delivers many others on the way. Once the last order is delivered, he comes back empty, which becomes a burden on both the company and the environment. This is only one of the basic challenges faced by the logistics industry. The demand for physical delivery of products, typically known as “the last mile” and many other challenges like difficulty in data collection have contributed to the slower adaptation of digitization in the logistics industry.

Ways in which Mr.X can be helped by the organization with Digital Transformation.

1. Track and Trace

How the industry is trying to help Mr. X is by increasing transparency in the whole process. The company decided to track the delivery of the assets around their own manufacturing facility and over a period of time, identified a pattern and customer preferences. This led to identifying potential breakdowns in the supply chain beforehand and avoid such mishaps. This not only helped the truck driver but also increased transparency among customers, who were able to see what happens to their products in real-time. This reduced cost, increased transparency, eventually providing better service than before.

2. Blockchain

A customer places the entire trust in the company to deliver its product. How does this transparency increase to build more trust? While every other industry is almost there, logistics is just beginning. However, it’s never too late. The blockchain technology has increased transparency and also has made digital payment safer. Read a quick brief onBlockchain technology in governance.

3. Automation

To manage warehouses, the company started using automated forklifts and the systematic working helped resolve internal confusion. Soon, conveyer belts became the norm. To extend this, the company also experimented with autonomous trucks, which ran bumper to bumper, resulting in reduced costs and usage of lesser fuels while accelerating the process. This does not sound great for Mr. X but he was appointed as the in charge of all truck movements and he played a modified role in the company. Such investments on automation enhanced the overall experience for both the customers and the organization.

4. Innovation

Meanwhile, the problem of empty trucks still bugged them. They created a platform to collect data of trucks going in the direction of their requirements and allotted some of their products to be delivered on the way. Though this was risky in the beginning, there were some drivers who gained their trust in the process. Tracking them was easy as the necessary technology like GPS is already in massive use. The organization was also able to return the favor in some other routes, making sure their trucks weren’t empty throughout. This required modification of roles for some employees internally, but that did not affect the system in any way.

The Update Obstacle

The basic challenge is to follow all these on a regular basis. The experiment proved well but implementing this as a system requires more investment in all areas and updating of customer interface now and then. The data collected does not hold good for long time periods. This organization is an individual player working on a change. This will prove more beneficial if the entire industry moves at the same pace in this direction.

Of late, bigger organizations themselves have started completing “the last mile” as they come up with solutions themselves. Amazon drone delivery is a prime example of this. This does not mean the end of the road for third party logistics as their expertise and facilities cannot be matched immediately by organizations.

However, the world industries are looking at logistics with keen eyes for their overdue digital transformation. Innovation and faster process changes seem to be the way forward. It is important for the entire industry to work together and create a revolution to keep up with everyone else as they make up for the final step in several of them.

Written by Jayashree in August 29, 2019
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Elevating the business model with aspects like digital transformation, automation, large data collection, IoT and many more advantages of Industry 4.0

4 Compulsive Advantages Of Industry 4.0

A perspective of the revolution, Industry 4.0 as it finds itself in a transitional phase.

When computers were introduced to the world, the revolution it created still stands fresh in the minds of those who witnessed it. Such waves created by technology are never-ending and right now, we are at the next transitional phase, which has been brewing for quite some time and is all set to lead to a new high in the industries. While some claim that Industry 4.0 is a mere marketing gimmick, one cannot help but notice the huge impact it is already creating in various forms like AI, Internet of Things, Cloud technology, big data and analytics, cybersecurity, augmented reality, etc. Industry 4.0 is the revolution that is believed to be the extension of what appeared in Industry 3.0. It is about how to revolutionize the whole process of business and its growth.

Why It Is Better To Adapt An Industry 4.0 Model?

No industry is devoid of technological dependence. Elevating the business model with aspects like digital transformation, automation, large data collection, and many more specific ones naturally have several advantages.

1. Competition against big companies

A startup, with the right investment in technology and digitization, would be on a similar platform as any giant in the same field. With all businesses, big and small, working on similar developments and having similar investments, large corporations also collaborate more with smaller firms to help them move faster in the direction of industry 4.0, thus making the competition almost equal or keeping them on a level playing field with corporate giants.

2. Attract more young blood

Modern and innovative technology attracts young and new workers as even education focuses on these specific needs of the industry. Businesses are at an advantage when the resources are pre-trained rather than investing time and energy in training the existing resources. Fresh minds also mean fresh ideas. In a business world demanding constant innovation and rapid growth, there couldn’t be a better time for both businesses and youngsters to grow together.

3. Resolve potential issues before they latch on to the progress

Automation, real-time data, predictive analysis, etc. can save a humongous amount of time in terms of problem-solving. They assist in identifying potential issues and not letting them grow into bigger ones.

4. Cost effective

The technology involved in industry 4.0 revolves around optimizing all aspects of the business process, which eventually leads to smarter and faster decision making. Better efficiency means increased profit.

There is a ‘digital compass’ that helps companies identify their needs and find the necessary tools to achieve them.

Why Some View It Is A Marketing Fad?

There is always one section of the world against revolutions. This group believes that industry 4.0 is a marketing fad and what looks like valid reasoning is nothing but a myth to be easily busted. Unlike other revolutions, this does not involve groundbreaking inventions. This is more of an extension to what is already available from industry 3.0. Innovations, extensions, and betterment of technology can be categorized as a revolution if they result in faster and unimaginable changes in a short span.

Another reason could be that this being a transitional phase, there isn’t a clear and widespread adaptation to the newer models. Companies are experimenting and trying to implement them within the current business models. When all businesses rely on them and the cycle is complete, it would register more like a business revolution than as a marketing fad.

There are formidable challenges in adapting to new technologies and working models. However, the future looks bright as resources would be equipped already and needn’t be trained on these specific skills. Once the businesses get hold of this rapid growth and transition, wiser decisions and utilizing the wider scope smartly would make them unstoppable. The impact of digital transformation in business proves to be learning curves for businesses to be quick and sure of the unique kind of transformation needed for them. This looks to be a swift transition and it is not long before that we see its full impact on industries.

Written by Jayashree in August 15, 2019
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How businesses cope with digital transformation, which is both necessary and demanding. Understand from all ends to bridge the gap.
Digital Transformation

The Impact Of Digital Transformation In Business

How businesses cope with digital transformation, which is both necessary and demanding.

Digital transformation has become synonymous with businesses in the recent past. The term has been used so much that the clear definition and implementation tend to become vaguer with each passing day as businesses use this to assert their presence in the respective markets. What are the best ways to ensure this implementation is as effective as it should be? Why has it become the need of the day? What impact does the digital transformation have on businesses today?

Role of Digital Transformation In Businesses

Digital transformation, simply put, is adopting digital processes as tools to achieve business goals. Though the process requires multi-layered planning, method, and execution, almost every business is at it today. It has become more of a cultural phenomenon in the business world rather than a mere strategy. Technology media company IDG has reported that out of 89% of the companies looking to adopt a digital-first strategy, only 44% of them have successfully implemented it. The fundamentals of digital transformation lie in how the business adapts to the ever-growing market and how the human resources focus on futuristic goals while the digital tools take care of the present. Such transformations also mean that the employees should adapt to the changing systems with time. Thus, they do not define what the organization does but how things are done.

Increasing Resilience With Digital Transformation

Continuous and adaptive growth implies that employees are ready to adapt to new situations better. With a flexible work process, organizations need not train the employees to adapt to any situation, leading to long-term success avoiding hasty short-term decisions. This eventually results in companies escaping the competency trap. Rigid frameworks are already in place to prevent sudden shake-ups or changes. Since most of the digital transformations are data-based, there is increased transparency, which means the unique strengths of the businesses are highlighted. The company’s priorities are sorted smoothly, demanding smart decision making from them. This eventually leads to better work structure, increased profit and professional development for the employees as they become technically sound with each process.

Keys To A Successful Digital Transformation

The following have been identified as some of the essentials to achieve the complicated digital transformation to have a more effective working inside any organization.

  • Insightful, tech-savvy leaders who understand the necessity and importance of digital transformation.
  • Easier ways to help employees to adapt to the technological changes within the organization.
  • Having more futuristic goals to engage the employees and empowering them to work in new ways.
  • Making this transformation a continuous process rather than a one-time wonder.
  • Frequent and right communication.

Transformations are complicated. Digital ones prove even tougher as they carry layers of complexity. Every business and every organization will demand a unique level of transformation. While the AI is already taking over the world, understanding from all ends to bridge the gap between traditional and digital methods proves crucial to changes. However, once the challenges become a matter of the past, the impact of digital transformation can be witnessed in terms of financial profit, almost error-free systems, less time consumption, fulfilling customer expectation and demands, etc. This is a never-ending process. Once an organization gets hold of adapting to the changes, there is no stopping them. As the popular saying goes, “Necessity is the mother of invention”. Innovation will become the best bet for businesses to stay ahead in this game in the future.

Written by Jayashree in July 11, 2019
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