In the recent IoT Signals for Manufacturing report , the company found that
72 %
of customers are able to scale their connected factory from proof of concepts into various stages of implementation .
“ A digital twin allows us to do modelling and simulate possible disruption ,” says Sircar . “ We are ensuring everyone is acting on one version of data truth . This allows us to push information to the right person at the right time for streamlined decision-making through our control tower . We are able to track our carbon footprint across materials , contract manufacturers , logistics providers , usage and more .”
The benefits are outstanding . Automation has increased by 70 % and planning time has gone from five days to taking less than a single day .
“ We have scaled the business with 100 % more SKUs . We have achieved 100 % real-time tracking through manufacturing and logistics . We have increased customer loyalty with 60 % growth in orders and the list goes on ...”
Factory of the Future at Microsoft Customers are starting to see what IIoT will deliver .
“ The report also highlights that customers recognise scalability challenges , such as security ( 43 %), new application development ( 49 %) and skill shortages ( 45 %). We will see customers evolve and address many of these core areas of interest for industrialgrade implementation in their own environment .”
70 April 2023