According to Manufacturing.net the industrial revolution we’re experiencing now, commonly referred to as Industry 4.0, is powered by advancements that include smart manufacturing, robotics, artificial intelligence and the Internet of Things (IoT). In the Five Trends for the Future of Manufacturing blog, they’ve outlined the revolutionization of manufacturing along five key dimensions: […]
I read an interesting article today about how to calculate TCO and ROI for enterprise IoT implementations. It was a great article written by Scott Matteson which describes the three factors to consider when calculating TCO and ROI on IoT projects. He went into nice detail regarding current environmental costs, IoT implementation costs, and the projected savings the IoT project will provide. While I love this article to help justify an IoT project, where should a company start? […]
The world is increasingly adopting cloud-first strategy for a number of reasons such as increased scalability, flexibility, and agility at far lesser costs when compared to on-premise infrastructure and applications. To help customers migrate IoT solutions from on-premise to Azure, Microsoft launched Azure IoT Suite so that businesses can leverage the power of cloud along [...]
The Internet of Things (IoT) has exploded in digitizing business information and process in every industry. According to an IHS Technology whitepaper, IoT Platforms: Enabling the Internet of Things, IoT is expected to grow from 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025. Here at Motifworks we are seeing just that. […]
Challenge To run smoothly, hydraulic fracturing operations require a continuous supply of fuel. However, traditional frac site fueling is a labor-intensive and hazardous process. The resulting downtime represents a loss of revenue, as well as the loss of human lives. According to the U.S. Bureau of Labor Statistics, 183 oil and gas workers died in [...]
