Six must-have capabilities your IOT platform needs to transform business
"The future of IOT will enhance through increased network agility (such as 5G), integrated artificial intelligence (AI), edge computing, automation and end-to-end security at hyper-scale deployment,” says Sanket Khandare, VP – Products at Winjit.
The Internet of things (IOT) is going to play the central role in helping enterprises sustain and thrive in the new normal. The application of IOT has truly transcended the industry barrier in the last few months and has shown its potential in helping us run our businesses successfully while keeping us safe.
But IOT is constantly evolving. It’s important to understand the challenges in obtaining horizontal and vertical application balance and the critical, fundamental requirement to evolve with time.
Today, IOT is a part of many enterprises as well as industrial and consumer products to provide data access. However, these devices still struggle to communicate and integrate with one another and require human intervention and monitoring through various apps.
The true potential of the IOT is now realised by many leaders – the high-end technology analysing behind the scenes, dynamically responding to how we want “things” to act.
Winjit’s IoTSense has evolved to help manufacturers thrive in the new normal. Its latest features such as Digital Twin, Advanced Data Flows and Industrial Distancing have helped manufacturers in South Africa, the USA and India keep their businesses running and their employees safe.
IoTSense supports wide range of communication protocols to connect with any device, machine and IT environment. With advanced data flows, it's able to perform smart actions based on the data. It has advanced analytics and visualisations built in to help manufacturers monitor data and create reports in real-time.
2021 is bringing the new normal and with it, even higher expectations from organisations looking to leverage IOT technology. IOT has become central to the enterprise, and industrial strategy roadmaps and expectations have grown. We investigated the most important technology trends, which will lead to the future of the IOT space.
Digital Twin: Using twins, any industry can experiment with processes, plan for possibilities, and make informed predictions about what might go right or wrong. Digital Twins are replacing hours of costly real-world trial and error with digital plans that have been thoroughly tested.
With the latest addition of Digital Twin, our IoTSense solution has helped manufacturers operate machines and monitor production KPIs and machine health remotely.
AI: One thing is very clear; AI will play a vital role in functioning IOT systems, and especially industrial IOT systems. AI applications for IOT enable companies to avoid unplanned downtime, increase operating efficiency, spawn new products and services, and enhance risk management. All these aspects lead to increased profits.
AI is built into the core of IoTSense to provide detailed analytics and predict failures and defects to improve quality.
5G: Speaking of 5G, it’s a smart bet that this year will see the full emergence of digital manufacturing, powered in part by the improved connectivity the new standard offers. 5G provides faster and more reliable connectivity, which encourages industries to transform the manufacturing and business processes accordingly.
With its capabilities to work on 5G as well as at the edge, IoTSense is truly agnostic to infrastructure dependencies, helping manufacturers leverage their existing investments.
Predictive maintenance: It is one of the most powerful applications of industrial IOT (IIOT). Sensor-equipped industrial machines generate data that AI and ML applications can use to monitor status and even predict failure.
Our dedicated preventive maintenance module has helped manufacturers improve their machine availability and optimise maintenance spend.
SaaS: Software as a service is slowly becoming the new norm in the IOT world. Local and tailored solutions can create space for cloud solutions. This generates significant benefits for both end-customers and service providers. As a result, it creates a huge opportunity to develop sophisticated solutions and sell them directly to a large audience.
Edge computing: The reduction in cost, as well as the increased power of IOT devices, makes it possible to leverage the computing power of the devices to process data collected on the edge. In addition to this, it also allows for substantial bandwidth savings. In many cases, edge computing ensures greater compliance with privacy regulations.
Stu Chalmers, Winjit Associate VP for Sales and Business Development in South Africa, says: “It’s important to surround yourself with the right IOT partners. Currently, building an IOT solution requires an ecosystem of hardware, connectivity and applications; finding the right ones for your unique requirements is the challenge. Try to partner with companies that offer flexibility and innovative solutions for using your existing infrastructure. Winjit’s IoTSense application could be the right fit for you!”
IOT cannot be implemented in one go. It is an incremental process that provides an incentive to nearly universal digital transformations. Winjit has been working with customers in South Africa for over 10 years. We have expertise from device to cloud and enterprise applications to big data analytics, enabling us to architect and implement end-to-end secure, plug and play IOT solutions at a larger scale. Winjit helps design and develop agile solutions that range from IOT solutions to a wide range of multiple artificial intelligence-based platforms strategically crafted to your requirements.
We focus on the latest trending technologies, including the Internet of things, artificial intelligence and machine learning, blockchain and fintech, product engineering and mobile applications. We provide end-to-end solutions from conceptualisation and optimisation to providing real-time solutions by developing software systems for any business. We are proud to contribute, with our tailored, innovative solutions, to transform our society for a better future.
To learn more, reach us at email@example.com.