The Internet of Things (IoT) is a common term heard and seen in the majority of the maintenance, reliability and asset management conversations today. It promises to deliver many benefits to organizations that take full advantage of it. Organizations that don’t take advantage of IoT will be left at a significant disadvantage in managing their assets.
However, before an organization dives into the IoT, a few factors must be understood. To gain a better understanding of how maintenance teams can benefit from the IoT and what core foundations must be in place to fully realize those benefits, we will be speaking with James Kovacevic, the principal instructor at Eruditio, on January 17, 2018, from 11 a.m. to 12 p.m. ET (10 a.m. CT, 9 a.m. MT, 8 a.m. PT and 4 p.m. GMT).
During the webinar, James will address the following questions:
- What is the IoT?
- What are the benefits of the IoT for maintenance teams?
- What foundations need to be in place to realize these benefits?
- What are some common pitfalls and misconceptions about the IoT?
Leading up to the live event, we asked James to give us a sneak peek into the topic. Here’s what he had to say. Make sure to tune in on Wednesday, January 17, for the full discussion! Register ahead of time for free here.
Who will benefit from this webinar?
James: Anyone interested in learning about the IoT and the Industrial Internet of Things (IIoT) and those who are looking to take advantage of them.
Why do you think so many people are curious about the Internet of Things (IoT) and the Industrial Internet of Things (IIoT)?
James: IIoT has the opportunity to reduce the need for intrusive maintenance and provide insights to the actual condition of the asset. This will enable organizations to prescribe when to perform what maintenance, which results in reducing both planned and unplanned downtime, reducing maintenance cost and driving improved asset uptime and life.
What do you think is the No. 1 misconception about the IIoT and why?
James: I think the No. 1 misconception about the IIoT is that it is a magical technology that will fix all maintenance and reliability issues. This is 100 percent untrue. While the IIoT can drive improvements, organizations still need to have the basics in place and be operating well (work management, asset hierarchy, spares management, etc.).
What types of maintenance activities can be improved by applying IIoT concepts to them?
James: Efforts on time-based maintenance activities can be reduce dramatically with the IIoT. This also leads to decreased maintenance-induced failures.
Is there anything else you would like to add regarding this webinar?
James: The webinar will cover what foundational or basic processes will need to be in place to consider using the IIoT.
To learn more about this important subject, register for the January 17th webinar for free here.