Industry 4.0 Accelerators: IoT and Low-Code
Transform into an industry-leading digital enterprise using scalable industrial IoT integrated with innovative low-code strategies.
A look at how IoT and analytics can improve and enhance the performance monitoring of industrial equipment and processes.
As manufacturers adjust to the need for real-time insight and rapid innovation, low code offers the needed compromise between fast development and security.
Overall Equipment Effectiveness (OEE) can be used to optimize performance in production and offers a clear set of metrics for interpreting the data from IoT sensors.
Organizations need a way to create customized applications that support their unique IoT-centered use cases.
When IoT is combined with sophisticated analytics to rapidly process the vast amounts of data devices generate, new use cases for industrial IoT emerge.
IT should ensure that the composable elements used to create low code applications meet company security and data privacy standards.
IoT-as-a-Service may help fend off cyberattacks by ensuring security is up to date and offering managed security services for manufacturers who need it.
Disruptions can be entirely unpredictable, leaving manufacturers and their supply chain at risk. By pursuing smart factory initiatives, in part by adopting the industrial Internet of Things (IoT), manufacturers can embrace solutions that help address the underlying problems.
Transitioning to a digital business can expose shortfalls and create gaps in most companies’ software ecosystems. As such, industrial companies must develop solutions that meet digital demands by making application development easier and faster.
While many businesses use low code for specific tactical purposes, companies also should view low code from a more strategic perspective.
IoT-as-a-Service allows companies to quickly leverage the full power of connected devices, incorporate new technology, and speed the time to value.
Adopting digital strategies for manufacturing processes will allow small to medium manufacturers to remain competitive.
Forward-looking intelligent factory organizations embrace new technologies and take a keen interest in workforce development.
Low code development lets organizations invent entirely new automated processes and combine software elements that were not used together in efforts before.
The power of digital twin technology is amplified when models for discrete devices are combined into a system-level view of operations.
While many companies have already embraced IIoT, they must now adopt Industry 4.0’s commitment to data-driven digital transformation.
The ability to move to Industry 4.0 depends on an organization’s ability to scale its proofs of concept to a more industrialized level.
Low code lets citizen developers get solutions on the board without waiting for IT, while also retaining oversight to ensure security.
Creating new applications using low code development platforms can lead to innovative solutions to old problems such as how to better manage spare parts inventory.
Interest in low code development platforms is broad and growing. They speed development cycles, accommodate citizen developers, and increase time-to-value.
Industrial machine builders are making moves into the industrial IoT. 70% of machinery and component vendors expect more than 5% of total revenue to come from industrial IoT solution sales within the next 5 years, and 40% of organizations plan to increase IoT spending in the next fiscal year.
Product teams must pay special attention to how the specific needs of their applications relate to the capabilities of the low-code platforms they select.
No-code tools put the power to create, organize, and automate business processes in the hands of non-engineers.
AR/VR using 5G may usher in changes for frontline workers’ jobs in the next wave of digital transformation in many organizations.