Industry 4.0 promises the transformation of manufacturing operations especially for asset-intensive industries, utilizing high-speed communications of 5G, Internet of Things (IoT) and edge analytics to enable organizations to achieve significant efficiencies, fulfil emission-reduction pledges and improve safety standards. The journey to Industry 4.0 can be long, complex and expensive, that prevents businesses from undertaking it, despite the huge potential returns. ’Connected X as a Service’ offers a solution – it provides organizations with a one-stop shop, thus making the process simpler, faster and cost-effective.
For an efficient, safe and remote operations of any shop floor or plant, there are 3 key dimensions of digital interventions:
- Intelligent Asset Optimization to bring asset efficiency improvement through interventions in this space including asset utilization tracking, predictive maintenance, and asset location tracking for usage optimization
- Operational Intelligence for real time visibility of performance with high bandwidth connectivity enabling IT-OT convergence with available of right data on the enterprise for reporting and control
- Workforce Productivity enabled with augmented reality-based solution for efficiency improvement, remote assistance for faster resolution of field issues towards an enhanced user experience and service efficiency gains
LTI’s ’Connected X as a Service’ enables a swift and seamless adoption of Industry 4.0 to realize business benefits during operations. The solution comprises of four key components
- Connectivity: Reliable, high speed and cost-efficient connectivity that enables implementation of Industry 4.0 use cases that includes 4G/5G and provides LTE network
- Sensors and Gateways: A set of proven and industry graded sensors, gateway and devices that can be used for realization of various business uses cases and outcomes
- Edge Infrastructure: Requisite infrastructure for analytics on edge for access to better insights and enable faster business decisions
- Business Applications Catalogue: A set of mobile and desktop applications that helps drive productivity and efficiency gains. Applications part of these app catalogue is ready to use, with minimal customization based on end-customer landscape and configuration
Typical efficiency gains realized with ’Connected X as a service offering’ are:
10-12%
Productivity & Utilization of assets
5-7%
Material Cost Optimization
6-8%
Fuel Efficiency
3-5%
Operator Productivity
99%
Workforce Safety
Business Use Cases
