Interconnectivity Of Assets: Why Digitalization Is Not Enough

How the connected asset unlocks business value in harsh industrial environments.

The Fourth Industrial Revolution is not coming, it’s here. It’s no longer good enough to merely prepare for the digitalization of, well, everything within your business ecosystem. It’s no longer enough to be getting data from machinery, systems and process. You need it all to be feeding into a dashboard that you can act on in near real-time, from remote locations. More so, you need every part of your business to be speaking to each other, in the same language – and you need it to happen now.

Cue the dramatics: What you, as a business owner, are having out of, is time.

Now, back to business. If the mere thought of being out of time, at risk of being rendered irrelevant or failing to be commercially viable, and as a result, fail to be competitive within your industry in the next few years is sending a chill down your spine, we say good.

Are you geared up for the future of business?

Do you know where your assets are operating at any point in time? How about the conditions they’re operating in?

Now, without having to physically see your assets, would you be able to tell if they’re being operated optimally?

If you can’t answer these questions with a resounding yes, we’ll wager a bet that you’re not able to easily manage in-shift optimisation of assets based, not only on current conditions but future needs, too.

Don’t panic. The solution is simpler – and cheaper – than you think.

The Internet of Things used to be a buzzword. Now it’s a commonplace adaptation, helping companies do more with what they have, without sacrificing quality or up-time. What’s more, it’s giving operational teams more control over the minute-by-minute actions that can make – or break – the success of a value chain.

We’ve seen businesses shudder at the thought of stopping their entire business to implement ‘a bit of tech’, throwing out the baby, bathwater and millions in legacy infrastructure in the process.

There is a way to overlay IoT technology onto your existing business without having to rip out and replace what you’ve painstakingly built over the years.

So, how do you implement new, relevant tech, without destroying the old? The answer is IoT.nxt.

New Tricks For Old Equipment

The obvious benefit of turning legacy equipment, machinery and processes into data centres by overlaying IoT.nxt’s solution is the creation of a technology-agnostic, interconnected and interoperable enterprise. But what does that really give you other than a mountain of data?

Implemented correctly, as we have proven to do, an IoT solution should give both you and your teams an agnostic view of connected assets, alongside all facets of your business value chain. This means that those cranes, trucks and straddle carriers are not only reporting on their environment, load and productivity, they’re also actively giving you an overview of predicted maintenance schedules, up-, and downtime and, most importantly, an unbiased view of operator safety. They’re giving you the ability to make equipment available without any negative impact on operations.

Operators working in areas that are safe is important, but so, too, is the reliability of what they’re reporting to prevent potential incidents down the line.

With IoT.nxt, unbiased data paints a clear picture, reporting those big hits, as well as the near-misses.

Understanding the end-to-end utilisation component within an entire chain of events.

Consider a port – a thoroughfare of vessels, operators, cranes and cargo.

It’s only once a crane operator knows a vessel is about to birth that he can start preparing operations. It’s at this point that a smart vessel would be able to communicate how many containers are going to be moved, enabling the systematic planning for the deployment of straddle and material handlers needed for the shift.

In this instance, simply by validating container data against a shippers Stowe Plan on an Integrated Port Management System, our platform can then relay information to customer portals so that their transport operators can prepare for collection before their containers have even hit the ground, simultaneously updating end-clients about the delivery of any goods and reloading crews as needed.

Since vessels can be tracked from within 25km, in-port turnaround and rental fees can be reduced drastically.

Your business. Only better.

Movement tracking, predictive maintenance, vastly improved safety controls and reporting and the ability to understand asset utilisation in relation to every part of your business ecosystem.

It’s a bold statement, but over the last few years, we’ve connected thousands of endpoints with little to no disruption to operations, leading the charge both locally and abroad. Don’t believe us? Hear what our clients have to say.