African Design Magazine May 2015 | Page 75

i Feature: Social innovation When we talk about the Internet of Things (IoT), we tend to think of connected homes and smart devices making our lives easier and more efficient through the use of technology. However, when the same technology is applied to manufacturing, the potential for improvements are immense; from optimising entire supply chains, predictive analytics which identify problems before they happen to reducing energy costs at an individual manufacturing site. By Klaus Dieter Rennert, Hitachi, Ltd. react and respond to unexpected events. This heightened understanding will help them to prolong the life span of their assets, reduce waste of scarce resources and also potentially shorten the time to market for their products. efficiency through data analytics. Land and Water Group Plant Hire is using Hitachi’s Global e-Service to enable its customers to reduce their negative impact on the environment and also reduce and control costs for the operators – a critical requirement for The latest IDC Manufacturing Insights small and local businesses. By giving Report looked at prospects for operators a full, clear picture of the manufacturers and found that IoT logistics, performance and condition applications for processes and products of their construction fleets through are fundamental to future prosperity. a centralised and connected service It also found that manufacturers have Hitachi is empowering operators to have high expectations for the IoT’s impact on the information they need to meet their lowering operational costs. The report deadlines and budgets. predicts that by 2020 at least half of all corporate processes will have automated The adoption of smarter systems helps data acquisition (DAQ) systems, while users identify inefficiencies and enables a quarter will have self-correction the users to take corrective action. Once capabilities. inefficiencies in a system are eliminated businesses can take the resulting savings To deliver on the promise of Industry and invest in the future growth of their 4.0, existing enterprise systems must business. Savings are not always simply be modified so that they can interface financial. A smart system can also save with and monitor IoT sensor-based time, reduce stress on equipment or technology. With a host of disparate optimize a labour workforce. In effect, manufacturing, logistics, procurement, a smart system, offering such tools order, and other systems already in place as predictive analytics inventory and that must also be integrated into a single supply chain visibility can help reduce system to any manufacturing executive the costs associated with expected risks this task can appear daunting. in a system. In Europe, the Global e-service provided by Hitachi uses IT integration to allow asset owners to be more aware of the current state of their assets. E-service helps monitor and collect data from a fleet of plant equipment, thereby enabling optimal resource This is a key effect of Industry 4.0 and Social Innovation. Hitachi is approaching Industry 4.0 with alacrity because when technological advances, industry trends and social need combine, the opportunity for shared value is at its greatest. AD africandesignmagazine.com 75