Discover how NexGenTek’s IoT (Internet of Things) driven smart infrastructure transformed industrial operations to enhance asset monitoring and efficiency
A prominent manufacturing and logistics enterprise was facing critical issues, including fragmented asset visibility, expensive downtime due to inactive maintenance, escalating energy prices, and security concerns. These challenges impacted operational agility and ROI while pressing the need for a future-proof and smart industrial IoT solution.
Did you know the industrial Internet of Things (IoT) will have a CAGR of 13.34% that is $454.89 billion in 2029, while its potential has been leveraged by verticals like healthcare, finance, manufacturing, oil and gas and more. This enables equipment, sensors and applications to communicate effectively, resulting in enhanced efficiency, scalability and protection, ensuring smooth operations and unwanted cost surprises.
This enables equipment, sensors and applications to communicate effectively, resulting in enhanced efficiency, scalability and protection, ensuring smooth operations and unwanted cost surprises.
Crucial assets were scattered across multiple locations and tracking them was a daunting task. This created operational and logistical blind spots. Also, the absence of predictive analytics or asset intelligence made it difficult to determine bottlenecks, optimize resource allocation or tailor data-based decisions.
Unreliable equipment is one of the most pressing challenges due to the reactive maintenance process. The service tasks were performed in case of failure or fixed-time scheduling, impacting the machine’s health. This led to unexpected breakdowns, stopped production lines and caused ripple effects across supply chains.
Poor energy monitoring and management often inflates operational charges and escalate the environmental footprint. Also, there were no mechanisms for smart load balancing or demand side optimization, making it impossible to control peak usage. This hindered firms from meeting environmental objectives, regulatory norms and corporate sustainability goals.
The rising number of cybersecurity threats and compliance challenges often puts the organization’s operational data at stake. Also, this has led to a surge in penalties, tarnishes the reputation and leads to audit delays. Even the reporting process is fragmented and manual, consumes a lot of time, is error-prone and requires resources.
Outdated systems not only strain the system’s performance but also become an obstruction to modernization and innovation. The existing legacy infrastructure doesn’t have the flexibility to support IoT; therefore, scaling the operations amid market demand fluctuations becomes a task.
NexGenTek developed a promising, expansive & AI-supported end-to-end IoT solution for enterprises to combat challenges.
The IoT solution deployment and RFID-enabled users to monitor the asset location in real-time, condition and performance irrespective of the location. This resulted in operational transparency and efficient asset usage.
In predictive maintenance, the sensor data(vibration, temperature and usage) helps to determine early failure signs to schedule maintenance, thereby preventing unplanned downtime.
Poor energy monitoring and management often inflates operational charges and escalate the environmental footprint. Also, there were no mechanisms for smart load balancing or demand side optimization, making it impossible to control peak usage. This hindered firms from meeting environmental objectives, regulatory norms and corporate sustainability goals.
AI-based energy analytics, paired with IoT applications, automate control systems to manage energy usage, minimising waste and improving sustainability.
The system is protected from threats through IoT-based encryption, threat detection and compliance dashboards. This ensures data integrity, regulatory compliance and cyber resilience.
NexGenTek’s IoT consulting services bring an integrated, proactive and scalable solution that drives measurable results, helps them save big, secures and positions the business as a forward-thinking enterprise.