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Industry 4.0 & asset visibility

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Asset monitoring solutions are driving Industry 4.0 revolution

Asset monitoring solutions Singapore. Industry 4.0

Asset monitoring solutions in IIoT involves attaching or embedding IoT-enabled devices (i.e. sensors, RFID tags etc.) to machinery or other pieces of industrial equipment to make them “intelligent”.

These intelligent devices can then be connected to back-end systems, applications or cloud services via wireless connectivity in a mesh or star network. This makes it possible to continuously collect and analyze data generated to actively monitor pre-determined asset-specific information.

This enables users to continuously monitor conditions related to high value asset:

  • Quality
  • Performance
  • Damage of breakdown
  • Other environmental conditions

It provides asset monitoring solutions to users by allowing them to collect and analyze IoT data regarding pre-determined conditions.

Manufacturers can implement predictive maintenance based on equipment condition analysis and performance trends.

Predictive maintenance will help companies save $630 billion by 2025 by:

  • Reducing unplanned equipment downtime, which can cost upto $260K per hour
  • Cut the number of unnecessary maintenance tasks associated with a  schedule – based process
  • Minimise levels of wasteful production associated with sub-optimal operation
  • Providing access to new, actionable insights uncovered using advanced IoT data analytics

30% of manufacturers have already implemented IoT technologies for predictive maintenance and analytics while another 30% are interested in joining this new chapter of modern manufacturing, The 4th Industrial Revolution.

Are you ready ? Talk to our experts in Singapore and learn how to deploy asset monitoring solutions in your manufacturing unit, can leapfrog to adopt Industry 4.0 practices and save millions.

Asset tracking in Industry 4.0

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Factory asset management systems

Industry 4.0 valuable asset tracking, equipment monitoring in factories

Emergence of Industry 4.0 and smart factories have made it a necessity for manufacturing industries to adopt modern practices to optimise their production processes. Valuable asset tracking and monitoring wireless technology are being adopted by leading industries for asset intelligence –  tracking and monitoring of critical assets, their location and working environment.

These wireless monitoring technologies can also be classified under factory asset management systems in which industries leverage such sensor technologies to prevent equipment failure and to significantly improve asset performance and extend their life. This digital transformation technology is playing an important role in many mainstream industries such as as logistics, warehousing, healthcare, fleet management, shipping, and factory automation.

“Wireless (Active RFid tag) temperature sensing of a 33 KV high voltage transformer. Thrilled to see the performance and the immense opportunity it opens for asset tracking & condition monitoring of critical assets like transformers and electrical panels,” says Mr. Balasubramaniam Somasundaram, plant Engineering & Maintenance, ZF Windpower

With manufacturing industries aiming to adopt Industry 4.0 and smart manufacturing, product-life cycle management,  efficient production process  control,  supply  chain visibility, and just in time logistics have increasingly become a necessity.

Owing to this platonic shift, high value asset tracking solutions are being adopted by leading corporations practicing Industry 4.0, and are anticipated to greatly impact the growth of various industries in the coming years.

This disruptive technology allows manufacturers to track a high value asset through the entire stage of production, their real-time location and status, and generate various reports which help them to monitor and take important actions accordingly.

Technology Adoption in valuable asset tracking

These unique wireless asset tracking solutions also helps in monitoring real time data regarding plant & machinery and equipment to plan maintenance activities and reduce preventive maintenance costs, besides. Industries involved in warehousing, distribution & supply chain logistics, who are the main adopters of cold chain / asset tracking solutions, are able to track truck location, movement, tilt, temperature, shock & environment condition. These key forces pave the way for the adoption of wireless asset tracking technologies in smart factories and warehouses.

Currently, wireless asset tracking technologies are in perpectual developmental stage and undergoing enhancements due to the emergence of 5G, Sigfox, LoRa, Narrow Band IOT (NbIOT) etc that are telecom industry driven disruptions.

The asset tracking technoliges need to balance between ease of deployment, battery autonomy, transmission range, device size, wireless protocol, security and safety norms.

Some industries use active RFid, the highly proven, widely deployed technology for asset tracking, equipment  monitoring, and physically securing high value assets. Ripples IoT provides best in class, tamper proof, miniature sensor devices, dashboard software and data visualisation tools for valuable asset tracking.

IOT people tracking

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Workforce safety, industrial zones & assets

IOT workforce, employee, people tracking sensors, workplace safety solutions SIngapore

Our Internet Of Things for shipyards –  (IoT) enabled people tracking solution, comprising of miniature sensors, gateway, device management framework and dashboard software provide new insights on movement of physical objects within premises such as shipyards, factories, warehouses, hospitals etc.

  • Ready to deploy IoT sensor based tracking solutions
  • Integrate high autonomy, reusable sensor devices with physical objects
  • Smartphone alerts based on wait time or movement
  • Choice of on-premise and cloud solution
  • Range of asset tags to deploy on various objects
  • Long battery life to ensure low cost on maintenance
  • Full software suite for people tracking and equipment monitoring
  • Compliant with all international norms – Atex, RoHS, CE etc

Our solutions mainly apply where long term projects are involved; like shipyard, construction of commercial spaces, tunnels, public utility buildings etc. The measurement helps in improving workplace safety, reducing operational bottlenecks, improve accountability and visibility.

People Tracking Solution helps in:
  • Data analytics to understand potential choke points during peak hours
  • Knowledge about worker movement to improve utilisation of facilities
  • Control and audit movement, theft and misuse of high value equipment
  • Monitoring the movement of objects between floors & locations
  • Understanding the working environment of temperature controlled areas
Asset tracking in shipyards, factories & warehouses
  • Alerts on machinery, trucks, cranes, forklifts entering or leaving the work site
  • Ensuring the availability of critical spares and their location
  • Keeping track of important files on confidential contracts and purchases

Without proper tracking methodologies, one cannot measure the loss of productivity, violation of safety norms and prevent unwarranted situations. Like when a business operation is unable to locate machinery or a critical spare inventory quickly or location of key people such as engineers, supervisors etc. in  large work sites.

Lack of clarity in understanding the workflow resulting in long queues and frustration leading to inferior workflow process and operational efficiency. This can lead to lower satisfaction, increased costs, safety risk in industries and loss of revenue.

The same could be told about visitors – suppliers, consultants and other people entering high security areas such as warehouses, shipyard, bank locker rooms etc. Can also be extended to physical objects such as laptops, circuit boards in an equipment, industrial transformers etc.

Call us to know more about IOT people tracking in large projects – shipyards, commercial building, public utility, metro rail, tunnels etc.  You can opt for a feasibility study on workforce tracking