3-50%
Leveraging analytics that identify abnormal conditions and drill into underlying data for root cause analysis.
IoT Reduces CAPEX by
Perfectly timed changeovers, based on real-time production data, for maximized production efficiency.
IoT Reduces Changeover Time by
30-50%
With the industry leading ThingWorx industrial IoT platform, you can uncover, assess, and solve the hidden issues that keep your assets from running at peak efficiency. And by solving those issues, you’ll also improve cost-savings, product quality, and safety compliance.
30-50%
Real-Time Data Reduces Unplanned Downtime by
Learn More About How ThingWorx Can Improve Asset Efficiency
Worker efficiency is a key component of asset efficiency.
IoT data empowers plant floor operators to increase efficiency through:
Improved real-time visibility into asset performance, so operators can predict maintenance needs and fix problems before they cause downtime.
Extending the reliability and useful life of machines, which in turn reduces capital expenditures (CapEx).
30-70%
Let’s look at how the industrial IoT (IIoT) is helping unearth and solve even the most buried causes of inefficiency.
IoT Reduces Changeover Time by
Improving overall equipment effectiveness (OEE) and safe operations by creating a holistic view of asset health and operations.
Workforce efficiency
Real-time asset health monitoring extends equipment life and reduces risks—both for machinery and for workers. IoT-based health monitoring increases asset efficiency by:
2-15%
Asset Efficiency
30-70%
Up-to-date, digital thread-based instructions that give workers the timely information they need to resolve issues faster and accelerate turnaround times.
Spelunking into the depths of your “hidden factory”—all the untapped potential for improved quality, cost, and productivity—is the best way to discover potential asset efficiency improvements.
Increase the Asset & Machine Efficiency of Your Hidden Factory
Sources Cited: PTC Customers and Fourth Industrial Revolution Beacons of Technology and Innovation in Manufacturing white paper, by World Economic Forum and McKinsey & Company
Hidden Factory
Digital Work Instructions Reduce planned Downtime by
Hidden Factory
Asset efficiency is key to lowering costs, improving OEE, and maximizing productivity. But it’s difficult to uncover the challenges that are thwarting machine and asset efficiency—and hurting your bottom line.
IoT Increases OEE by