mojix.com

A positive outlook does not always yield results for industrial IoT projects Economic expectations are positive, and with the number of connected “things” projected to hit more than 75 billion by 2025, business spending on IoT technology could easily reach $1.2 trillion well before that time. An IT-focused culture that stemmed from the top down was helpful to the process, while some companies struggled to apply sufficient expertise to the project, resulting in delays, quality, barriers to integration, and budgets running beyond the original projections. While the industry is responding to these concerns with scalable threat defense systems that leverage machine learning, companies who are developing solutions must ensure they are focusing on eliminating all weak points from the system prior to deployment. What doesn’t kill us makes us stronger Despite these challenges and their occasional failure to launch, most companies agree that they were able to glean valuable insights from the process, leading to more focused and accelerated investment in IoT and IIoT. Just some of the ways in which IoT can improve industrial and business processes include: IoT insights help to streamline the manufacturing process, reducing waste from end-to-end and hence reducing the costs associated with producing a product.

In an article yesterday discussing the ProMat 2019 show, Modern Materials Handling editor Michael Levans said “IoT is already all around us, and the applications inside operations are only gaining steam. It’s turning from a conceptual thing to an actual thing, as many IoT-connected sensor vendors are now turning their sights inside the four walls. It’s going to be a slow, but steady ramp up, and it’s already started with temperature sensors for cold storage, vibration sensors for motors and sensor data being relayed to the Cloud by solutions such as lift truck telematics or autonomous mobile robots. According to Levans, “Just imagine billions of physical devices around the world—from your refrigerator, to your car, to the automation systems running your DCs—all connected to the Internet, collecting and sharing data.

As Day 2 gets underway at ProMat 2019 1) it’s enormous with more than 75,000 attendees and 1,350 exhibitors across 535,000 square feet of floor space, and 2) it’s all about keeping the supply chains and manufacturing environments of the world moving quickly and more efficiently. Here are a few things that caught my eye as I walked the show floor today: Jim is the Sr. Director of Corporate Communications at Mojix, Inc., a leading provider of ITEM LEVEL intelligence solutions to the retail and industrial markets.

Welcome to ProMat, the largest material handing, supply chain, logistics and automation show in the world. Mojix will be here for the next 4 days presenting our newest generation of RFID technology and IoT platform solutions. Mojix offers businesses RFID technology and IoT platform solutions to solve the challenges of having a real-time view of their current operations and assets. Asset management and tracking in real-time streamlines supply chain logistics, boosts return on capital, improves safety and mitigates operational risk – all with one flexible infrastructure.