The challenges
For many companies, replacing all existing machines with IoT-enabled equipment is often not an option. Either the current equipment still has a long operational life and is still in good working order, or acquisition costs are too expensive.
Yet, companies must enable intelligent process monitoring, improve their production efficiency, and reduce costs.
The solution
The solution
Return on Investment (ROI)
Return on Investment (ROI)
For most industrial companies, it’s not uncommon to find machinery that is 20 years old, or more still being used.
Get inspired
So, retrofitting the machinery is at the top of the manager’s list, if they want to digitalize their production process without acquiring new industrial machines..
For example, let’s look at a medical equipment production plant. If the plant has a plastic injection production machine that has seen a lot of service, and needs to be IoT-enabled, this can be done in a non-invasive way, with the Zerynth Platform. The company can easily get valuable insight into the whole production process of plastic injection. Data, like the number of products produced, power consumption, the condition of the parts, etc.are valuable data points from which to make decisions. Managers can get information on the temperature inside the machine during production, how much electricity is needed in the production of one kind of product compared to another, or if any part of the production process is using excessive energy.
All this data is then sent to the Cloud, and displayed on a custom-built dashboard. The production safety features are brought to Industry 4.0 standards as well. Furthermore, the cost of retrofitting a machine like this is much lower than upgrading to a new one. When all is said and done, retrofitting machines with IoT technology makes sense from every angle.
For most industrial companies, it’s not uncommon to find machinery that is 20 years old, or more still being used.
Get inspired
So, retrofitting the machinery is at the top of the manager’s list, if they want to digitalize their production process without acquiring new industrial machines..
For example, let’s look at a medical equipment production plant. If the plant has a plastic injection production machine that has seen a lot of service, and needs to be IoT-enabled, this can be done in a non-invasive way, with the Zerynth Platform. The company can easily get valuable insight into the whole production process of plastic injection. Data, like the number of products produced, power consumption, the condition of the parts, etc.are valuable data points from which to make decisions. Managers can get information on the temperature inside the machine during production, how much electricity is needed in the production of one kind of product compared to another, or if any part of the production process is using excessive energy.
All this data is then sent to the Cloud, and displayed on a custom-built dashboard. The production safety features are brought to Industry 4.0 standards as well. Furthermore, the cost of retrofitting a machine like this is much lower than upgrading to a new one. When all is said and done, retrofitting machines with IoT technology makes sense from every angle.