Covid-19 Impact on Global Economy Triggering Digital transformation
The Covid pandemic has bought some very drastic changes in our personal lives and businesses across the world. The pandemic has completely changed the way in which we interact with humans, businesses, etc.
The pandemic has slowed down businesses, closed borders, and affected humans life across the world, but on the other hand, it has bought revolutionary digitalization that could not have been expected without the pandemic. To fill gaps left by enforced shutdowns and measures of social distancing, digitization has stepped in to save us all from this. We would have no way of living, shopping, going to school, and more without digital technologies.
How technology is helping for accelerated growth for the companies?
For many companies, the opportunity to drive business growth and produce new products is the outcome of new inventions that, in the first place, were critical to their disruptive businesses. Machine learning and artificial intelligence are the most common of these innovations. The development of medical treatments to combat the virus is being accelerated by artificial intelligence and machine learning. The forced acceleration of new advancements has helped disruptors take advantage of other technologies. The pandemic also speeded up the introduction of disruptive financial services developments. We expect these same underlying technologies to help overcome the next wave of problems.
Basically, new capabilities are created as a result of digital transformation. It is not technology itself that changes an organisation, but it allows for the introduction of new processes which lead to cultural and social transformations. The real value of technology is measured by the enhanced capacity it adds to an organization.
As companies continue to adapt to the new normal, the following trends are expected to play out on the broader economic area:
Tech investments: In several large companies, technology investment accumulates over time, as organizations go through multiple cycles of implementation of technology. This crisis will provide leaders with an opportunity to carefully assess the tech environment and recognize opportunities for this technology liability to be withdrawn. It can also free up valuable cash flows for future digital projects that could be leveraged. By investing in tools like covid screening software, you can bolster the return on investment from your technology investments. The relevant stakeholders can be instantly notified on mask violations as well with stunning accuracy in readings. The operation is human contact-free and devoid of infection spread. Even a single visitor carrying the infection and going unnoticed can spread it to many and hamper the productivity.
Digital Skills: The competitive advantage for businesses in the market will increasingly be driven by innovation driven by digital technology.For companies, this is an ideal time to focus on the digital talent pool and use the downtime to create a pervasive foundation of digital skills.
Future Workspaces: A turning point in how people work will be changed by COVID-19. The pandemic is transforming the approach of people towards jobs, mobility, and adaptive models of work. As well as job constructs, we expect to see an expansion of alternative work delivery models. Most of these latest models will be driven by digital realization platforms.
Digital nationalism: Much of the economic value generated is increasingly derived from digital innovation, ecosystem innovations, and emerging technologies. This is clearly reflected in the rising valuation of the major technology we’ve seen, and the rapid investment in this space.
People Count Management: While attempting to transform the existing buildings into smart buildings, facilities need actionable data on occupancy monitoring, in a dynamic fashion made available to the management. Such systems allow facilities to understand the patterns in the usage of conference halls, corridors, etc and use this information to consider evacuation, effectively enforce social distancing, rearrange products for maximum visibility and deployment of staff for better handling of visitors. Based on this data heating, lighting and ventilation can be provided.
Energy Monitoring: Facilities need to recover quickly from the setbacks triggered by pandemic. So a proactive approach to energy monitoring is the need of the hour. Don’t wait till the Electricity Board intimates you on energy consumption in a bi-monthly or monthly cycle. Rather get the consumption data piling up incessantly for holding reins over the avoidable power consumption and turning of unreasonably high consumption of units automatically. This ability is a must to maximize building efficiency to cut down costs.
Necessity is the mother of invention, and proof of that has been the pandemic.
Organizations now need to change. As they have done before, there is no chance to carry on. It has to be done to safeguard the company and the company’s future. Digital transformation will be a strong catalyst in response to the current crisis by the companies and provide them with an opportunity to re-align their business/operating models to the rapidly evolving business environment.
This pandemic has offered a new chance for the companies to build a better future. It starts with having a diverse workforce to perform optimally, and it will be crucial to create confidence and trust among employees.
Businesses have made their best effort to meet these shifting demands as customers turn to digital platforms. The truth is that during lockdown, face-to-face communication or physical stores visits all vanished, so the only access point to customers moved online. As a consequence, the proportion of worldwide digital consumer experiences is three to five years ahead of where it would have been if the covid 19 pandemic had not occurred.
Nitin Gupta is a voracious reader and an even passionate writer. Having worked with scientific research collaboration niche and MNCs across the world, he really has very to the point and enthralling insights about the industry and the people working in them.
Nitin writes about technology and how it impacts the various industries such as pharma, hospitality, travel, and many others as well.
Full fledged IoT solutions for employee safety and deep visibility into visitor traffic with best-in-class team collaboration walkie-talkie app
We have seen stringent lockdowns, lockdowns with relaxations, unlock safety guidelines for businesses and social gatherings etc. Even though several nations have been partially successful in combating the spread of the mutated covid-19 virus, the disease continues taking a toll on the people.
As a part of our efforts to bring out new and latest features in the market to our esteemed clients as quickly as possible we are delighted to roll out our new set of features with full fledged IoT solutions and team work collaboration software in the form of a walkie talkie mobile app.
May your maintenance business gain momentum with our top-notch features for automated screening of visitor for fever and recording of user movements within the premises 24×7 for reducing manpower and avoid queuing up at entrances or boarding points.
The IoT – CMMS integration can help you gain deeper insights into the flow of visitors through your office 24X7 in both directions across entrances and in specific halls with automated alerts to the managers and administrators on violation of covid-19 guidelines such as proper wearing of masks and in identification of persons with fever.
The monitored information keeps on piling up at the frequency controlled by you as visitors pour in.
You can configure any camera such as People count sensor camera(surveillance camera mounted in entrance, conference rooms, corridors etc.,) and Thermal sensor camera establishing connectivity with CMMS through IP Address and MAC Address of associated sensors and map it with specific locations in your office(s).
You can accordingly define activities to isolate or treat the concerned persons containing the spread of the infection for legal compliance and smooth flow of business activities without the fear of possible health risks.
You can discern the significance of these modules from the regular AMS application flow with the fact that dedicated schedules(Dashboards too) and unique reports are associated with these modules.
These AI-based Face Mask Detection & Covid 19 Monitoring Solutions are incomparable to manual processes which steal much of your precious time. In fact the time is now ripe for infusing such reforms in your organization as the nation marches towards recovering from the widespread losses caused by the covid-19 pandemic !!
Energy Metering Solution
We offer energy monitoring solutions that let you go deeper into identifying energy consumption patterns instantly and turn off high consumption units automatically. It is worthy recalling here that electricity bills account for the single highest utility costs in most cases. All these give you greater ability to cut down on high maintenance costs in the form of proactive maintenance. Track the energy consumption for either a whole multi storeyed building or for individual tenants in it.
InnoTalk for team collaboration and continuous knowledge updation in remote work setting
The business world has learned to adapt to new normal and remote working culture which has been the order of the day for long. Push To Talk solution facilitates maintenance work in remote settings and can work out wonders as it is a single tool through which you can
Connect the workforce in an internal network in the form of RSS Feed
Keep your service engineers aware of latest news on best practices and new innovations in the service category
Encourage instant knowledge sharing for best outcomes on service at the field
Ensure all the users are on the same page – i.e., keep their attention in the interest of your business for instant response.
Why to go for the Walkie Talkie Solution?
Skype meetings, Google Hangout Meetings, Telegram meetings play a prominent role in maintaining and promoting collaborative work from disparate locations. But still something was felt missing to make for the lacunae in the remote tools presently used for communication. The connecting thread is Push To Talk Solutions available in the form of InnoTalk Mobile App which can connect smart devices in a single, reliable & powerful network that uses voice as a primary communication medium.
Advantages of InnoTalk Solution
Gain a first hand experience of two-way Push to talk to discover the difference it can make for your field work business. The service can currently be availed as a stand alone solution for filling the communication gaps and making for effective and quick communication. The communication channel makes use of 4G mobile internet which is conveniently affordable by the common man these days. Here are few of the remarkable benefits of InnoTalk Walkie Talkie Solution.
1.Low setup costs: The set up costs wouldn’t squander your resources and stretching your budget a little more will prove to be worthy.
2. Save Trees: Toss the paper you used earlier for the purpose of internal team collaboration as remote workers can send data, images, and voice in both directions via transceivers-unidirectional at a time.
3. Effective Communication: Conventional communication methods are always associated with miscommunications and delays. By pushing or tapping a button you can instantly transmit your voice message to a wider audience base.
4. Quickness: In case of mobile calls you need to unlock your phone, look for a calling app, trace the contacts, arrange for a call conference and then initiate a call. With InnoTalk walkie talkie mobile app even if the walkie talkie app window is not active the recipients hear the voice.
5. Any mobile device: Irrespective of the network and mobility of wireless devices PTT technology can connect all such dissimilar wireless devices in a single network.
6. Improved productivity: Walkie Talkie also minimizes the distractions associated with mobile usage garnering the immediate attention of users which inturn contributes to better productivity.
7. Instant communications. Leaders can reach out to a wide audience base or a specific group of limited people. Communications via this dedicated channel are not associated with dialing, voice mails. No delays.
8. Battery life. Walkie Talkie application can easily work for eight to ten hours of normal use at a stretch and hence doesn’t require any charging of the device.
We again reiterate that the commitment of InnoMaint in providing best-of-the-class services and support to our customers stands unaltered through these tough Covid-19 times !
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5 Ways Artificial Intelligence Is Changing The Future Of Manufacturing Industry
Since the integration of Artificial Intelligence in the business world, the whole idea of the manufacturing industry has been revolutionized. Before getting into how it has made everything better in the business world, let us talk about what it exactly is.
What Is Artificial Intelligence, aka AI?
The integration of human intelligence into a machine is what the concept of Artificial intelligence is all about. This synthetic human-like intelligence is not replacing human effort but enhancing and optimizing every operation resulting in more effective outcomes.
The role of AI in the manufacturing industry
IoT has vigorously driven the manufacturing industry toward progress. It has optimized the operation, information from activities and support, checking and investigation, building, procedure safety, and related framework. AI and ML are the two most important concepts that have revolutionized the manufacturing industry by incorporating effective human intelligence in the efficiency of a machine.
Another paradigm of AI in the arena of IIOT is prescriptive maintenance. To augment the range of opportunities and accessible resource knowledge, to have proof-based adjustment and alternatives recommended with more prominent particularity, the prescriptive analysis opens doors to countless opportunities. When support examination and arranging time are decreased, activities are planned accurately so the results are more desirable and successful, and spontaneous personal time is more avoidable than ever. As a part of EAM solutions, it brings professionalism and reliability. AI/ML complex algorithms, information drifting and demonstrating, propelled design acknowledgment, error prognostics, and diagnostics, computerized twins, and Augmented Reality (AR) help to more readily identify and investigate asset wear, foresee the chance of disappointment, and recommend the planning and strategy to support, fix, or substitution.
Is AI Meant To Replace Humans?
There is a vast misconception about artificial intelligence that this technology will be replacing human effort shortly, which will lead to unemployment and extreme automation. The primary aim of including this very technology in everyday life is to open doors to various new socioeconomic opportunities. Mobile technology has greatly improved AI. There are some ethical and social challenges, but it has been a success overall. Since AI stepped in the world of ‘money-making,’ there has been a steep rise in the pace of advancement.
What Makes Artificial Intelligence So Unique?
For most people there, the hype of AI is unreasonable. That is because they are unaware of the possibilities that can be made conceivable with the help of AI. Presently, it has played a vital role in the development of the internet, which is (currently) the core of the technology. There has been a broad spectrum of potentials, each with many archetypes to explore; artificial intelligence is not only bringing them about but also making it easier and effective for humans to learn and understand them.
Currently, here are a few uses of artificial intelligence that have optimized the search engines, etc.:
Speech recognition and text-to-speech
Benefits To The Manufacturing Industry
1. Firms And Organization
Manufacturing industries have a thin margin for capital investment and the profit; hence, there is a small margin for error as well. It becomes even more critical when the industry is a part of a low-wage country where the economic conditions are not entirely favorable. Human resources are expensive, especially when it is about job specialization; by incorporating AI technology, the lesser human resource would be required, which saves resources and hence keeps the profits high.
Maintenance has obvious significance, either it’s a machine or a human for that matter. Before the integration of this innovative technology, support was significant concern regarding the expense. Now, it has gone lower on the priority list as Artificial intelligence has incorporated automation in it. Smart algorithms are used for interval-based repetitive tasks.
With predictive tasks and algorithms for sequenced operations, low-line management has been made easier. Even the most minor defects are easily detected and rectified with the speed and smartness of a robot and the astuteness of a man. Artificial intelligence sure is an incredible technology that has helped manufacturers save a lot of money and make better investments, instead.
2. Quality Assurance
Do you remember how before the digitalization of the manufacturing industry, everything used to be so analog? Not that it was not good enough, but the work was slower, the quality was quite a bit more inferior, and the whole procedure was very time-consuming. It became even hastier when the deadlines were right around the corner.
Since the integration of artificial intelligence, the quality of production has not been the same. The output is generated efficiently, and the value remains top-notch, either it is a single item or a bulk production.
With the fierce competition in the market, customers’ expectations are going even higher, which is giving manufacturers a tough time for quality assurance and has made it tougher for them to meet customer expectations.
AI provides sturdy support and results in reliable outcomes in the manufacturing industry, which might not have been the same with natural human resources. The optimization of the procedures has taken the industries’ performance up a notch, which is contributing to a better economic state. The enterprises can meet the customer’s requirements and market standards within deadlines, which has made the commerce operative and competent, all in all.
Here a few examples of how significant high-end organizations have incorporated this incredible technology and gained pace on the success bandwagon.
BMW uses AI for screening procedures in the controlling function for detecting and eliminating minor errors in the machine components.
Hulls of machines require cleaning everyone and again, which costs a fortune as the devices are vast, and human resources are needed accordingly. Caterpillar’s marine has been saving up to $400,000 annually by using artificial intelligence to improve efficiency.
3. Adaptability And Compliance
Artificial intelligence comprises algorithms and other sequenced ways to make operations better. This is the reason it makes the manufacturing industry better able to predict and adapt accordingly. Manufacturing supply chains have become augmented since AI stepped in, which has now enabled them to become highly predictive and adaptive towards the altering market trends.
Trends fluctuate; they go back and come around, which is perfect as it makes it easy for AI and its algorithms to recognize a pattern and help the manufacturing industry to come up with a short-term as well as long-term plan accordingly. The adoption has been made more precise but, with the help of Artificial Intelligence, which always helps in standing out in the market.
The lively mix of AI and machines, along with digital and analytics consultants, has made the industry comply with the changing standards of the production and market demand. The best part of AI is that it does not just automate the entire process. Instead, it makes the procedure more feasible by incorporating custom configuration.
4. Safety And Security
Quite evidently, robotic arms in the assembly line are a far safer option. However, machines are not always that smart, and with a minor programming error, come hazardous consequences.
Artificial intelligence solves this problem by incorporating the rule-based nature where autonomy remains in the hands of humans, and AI-based tasks are carried out in sequences. As for the unpredictable behavior of man, learning machines provide an excellent solution for that. Artificially intelligent system:
Unique, eloquent patterns are detected by scrutinizing large volumes of data.
Learn and improve tasks. They can be the same ones or new (predictable or unpredictable).
Ensures safety by detecting dangerous situations and preventing damage to humans.
Has sensors and feedback features that benefit in various ways.
Artificial intelligence does not only offer security in terms of physicality and tangibility but also prevents problems like Copyright Content (CC), plagiarism, etc. which can result in substantial fines and lawsuits. By pairing human and mechanical intelligence, the overall aptitude of a firm’s performance goes a lot higher; hence it is easier to make a reputable position in the market.
5. High-End Procreative Production
Artificial intelligence is reforming how products are designed now. The most primary concern is the attention to detail which ensures the most realistic and lifelike experience for the customers. As AI guarantees zero errors, the detailing is done precisely and accurately, so the end product is no less than perfect.
Different parameters are set to keep the procedure monotonous and error-free. Almost every operation becomes far more convenient because of the algorithmic nature of AI; it explores every option before homing on to a single solution. This includes:
Type(s) of material
Limitations of the budget
Production methods available
Time restriction and deadlines
The benefits of AI do not end here. Once an appropriate solution for a problem is found, AI helps in cross-checking using contraption learning and additional insight, which helps in improving the result even more. This process can be repeated countless times to optimize the results even more.
Objectivity is one of the significant advantages of incorporating AI into manufacturing industries. There are no default standards set by a human which one regards as ‘rational’; there are no starting points or ‘possibly logical ends’ The entire procedure is highly logical and sequenced with zero assumptions whatsoever. Each stage undergoes consistent testing, which eliminates all kinds of human errors, creating a fine free of mistakes product for you.
The manufacturing industry has gained momentum in terms of productions, meeting client expectations, and efficiency since the integration of artificial intelligence. Only after incorporating it in their arena, they realized that automation provided by AI is not resulting in fewer jobs; instead, highly speciated and precise tasks are carried out by each person in his field. It is not displacing humans in their area but adding more to their expertise manufacturing industries are progressing vigorously, all thanks to Artificial intelligence.
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Solution To Workplace Preparedness for Anti-Covid19 Measures and Effective Remote Work Collaboration
Remote Work Program
The present times are the best to give a serious thought on Covid-19 safety, sanitizing, cleaning, workplace preventive actions, and the rest of anti-COVID-19 measures unarguably impacting the safety of equipment and people.
The Coronavirus pandemic has apparently changed the lifestyle of the society topsy-turvy within a short span of time. It has, in fact, expanded the horizons of the remote work programs. It has, indeed, proved the flexible nature of workplace policies could stretch backed by good productivity. As a good change amid adverse situations of Covid-19 even organizations with a traditional workplace culture have turned to encourage their staff to work remotely in a bid to uphold the good health of employees and check the spread of the malicious virus.
New workplace norms
The remote work program has taught us to tackle unexpected emergencies that may arise all of a sudden while balancing personal life with professional commitments. As well known, the lockdowns imposed by Federal & State Governments have failed to contain the spread of the virus. So we need to familiarize ourselves with effective digital collaboration tools that can closely substitute the usual face to face workplace communication between teams, prepare workplaces for functioning with limited staff strength & facilitate long periods of remote work during the COVID-19 era.
Why to invest on maintenance?
It is a wrong notion that maintenance activities can be deferred to a later stage. This belief is capable of positioning your company to chaos and unexpected failures to harm production cycles. Minimizing operational costs is absolutely necessary now so as to avoid difficult decisions regarding workforce, retain the right talent at each level by minimizing pay cuts, consider the human effort required to scale up the operations once the crisis abates, providing significance to the workplace safety. The current situation of the pandemic has sown the seeds for employees operating in shifts to meet and maintain the standards of social distance enforced by Governments over a long time. Keep legal compliances, EHS issues out of your primary focus by warranty maintenance, and regular inspections. The use of intelligent sensors attached to assets can provide you the key to best practices on maintenance.
Challenges posed by Covid-19
Regardless of the geographic locations and industry verticals, organizations will witness workplace disruptions. The organizations which effectively overcome those disruptions will be poised to maintain business operations throughout the period of the social health crisis and can better handle any future crises, too. As employees may work from either authorized devices as well as personal devices whose configuration and credibility are unknown securing the corporate networks and expediting the progress of work can prove to be challenging.
Engage and align employees
With the passage of months, a clear work plan can be established as employees get accustomed to the new work style and shall work in line with the plan. The role of leaders is especially important at this stage in helping out the employees by providing the resources required such as reference materials, directing the individual efforts to be in unison with the team efforts & towards the mission of the organization. Employees shouldn’t feel isolated and be included in relevant meetings to better understand what is expected from them and leaders can point to channels of help whenever required. It might be required to engage and align the employees with workplace culture if need be in the form of team building activities online sharing a lighter moment and better bonding between workforce.
Covid-19 and The New Normal
The new normal regarding enhanced social distance measures and Covid-19 precautions will continue to be around at least till the end of the current calendar year. Hence it is wise for organizations to plan for streamlining their maintenance operations than ever before. It is not an exaggeration to say such activities are critical to business continuity. To get a handle on maintenance you need to embrace the Industry 4.0 standards of the digital transformation of business.
Bring all maintenance activities under your scope
Digital transformation of your maintenance department with our InnoMaint cloud-based CMMS application makes it possible to achieve zero breakdown expenses through effective ppm and system audits. Technicians can perform full cycles of maintenance without returning to the office for several days. Managers can allocate tasks to technicians anytime from anywhere via a mobile app. The management can ensure continuous production cycles to make for the losses during the period when Covid-19 spread was at its peak. You can bring all the measures you plan to undertake for battling Covid-19 spread under the scope of our smart CMMS applicationthereby saving up to 30% of operational costs.
Drive productivity with increased visibility of maintenance
CEO’s and Directors can manage multiple business locations via a single application as all the stakeholders are unified in one integrated digital process.
Managing auto-generation of bills based on tax configurations is easier. They are well-positioned to establish a benchmark for performance. With increased visibility on the workload of technicians dynamically facility managers can prioritize the tasks based on the severity and availability of technicians. The reporting becomes easier for service engineers. The procurement team can strike a balance in maintaining the right inventory levels on sanitizers&disinfectant materials for electronic devices, floors, and staircase railings so that the facility management team does not run into a shortage of materials and purchase in optimal quantities.
Powerful KPI Metrics for measuring performance
Managing your workforce scattered in remote locations with metrics such as on-time arrival, First-time fix rate, etc, improving stakeholder communication, standardizing workflow using a well-defined process which has a record of each single service activity available in a moment, improving engagement of the workforce, enforcing environment and health safety with pre-defined and verified checklists, automated multiple and multilevel reminders & escalations to keep the management in the loop of deviations from well-established Service Level Agreements – all these are possible using InnoMaint.
Simplify communication & make it effective
It is needless to mention that the collaboration between maintenance teams is of paramount importance in the present times. InnoMaint facilitates easier and effective communication by a multimedia ticketing system as we firmly believe actions speak louder than words. So InnoMaint provides no room for miscommunication and tracks all the maintenance operations from a centralized database hosted in AWS with very high uptime. The solution can be set up for business very quickly and service engineers, maintenance staff can adapt to it in a very short span of time.
Help your field technicians when they need it the most
For service companies, a variety of appropriate channels for communication & the availability of help for technicians working on the field is essential to keep up the good work in the current and post corona era. InnoMaint makes this possible by proving progressive Q & A, the solutions to commonly occurring problems on specific devices in the form of knowledge base easily available to technicians in the form of the mobile app. Transparency in fieldwork is achieved through provisions for a five-star rating of the service, customers knowing the tentative time of arrival of engineers by GEO Location tracking, and a two-way feedback system for middle management to get to know the true picture of any complaints.
Integration of CMMS with other applications
InnoMaint application can easily scale up and connect with a variety of third-party applications such as video conferencing applications, accounting software, etc. as a part of making for improved and regular communication between stakeholders of the fieldwork or facility management.
To sum up, you can combat the challenges posed by COVID_19 despite the duration it will continue to prevail in the nation and mitigate its impacts by making a wise decision on maintenance management.
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Necessary Features for Maintenance Software to Overcome Challenges posed by COVID-19
The changes that this COVID-19 blockade will set in motion in every sector are going to be so intense that at this point it’s impossible to even predict them. Especially the industrial sector will see industrialists persevering in the name of getting more productivity on their plate every day.
Exploring new options for facilities management is something every name in the game will do in order to get a headstart from the competitors. As the gears will start to turn again, we’ll see more facility managers adopting facility maintenance software even if it comes at the price of taking another hit at the balance sheet which already has suffered enough.
For ensuring that the resources are used as efficiently as they could be, facility maintenance software must have some key features:
1. Properly Detailed Work Orders:
Another feature that is critical to have in your facility maintenance software is the ability to include more information in work orders. In primitive management systems, work orders used to carry less information which led to communication gaps and hence diminished efficiency.
But now, CMMS software packages have the ability to include minute details like detailed instructions, step-to-step checklists, manuals and schematics, tools required, site patterns, and work order histories.
Due to this standardization of instruction, dealing with a specific problem will be the same throughout the facility and not differ like before. Also, newer members will get to learn more swiftly. This learning will be a requirement for technicians once all the facilities start to function again after lockdowns due to COVID-19 end.
Also with slowed and strained supply chains, inventory management becomes more crucial than ever. Through efficient CMMS software, you can manage your inventory and make the best out of it even during these hard times of impeded supply chains.
2. Preventing Problems Preventive Maintenance:
It’s not a new idea that preventing a problem always takes less than fixing it. A CMMS software will be considered incomplete without the feature of preventive maintenance programs.
It makes the life of the facility manager easier by slashing unpredictability of having to maintain the facility when it fails any time by its choice. It makes operations predictable and orderly.
Due to being less problem-prone than the traditional maintenance preventive maintenance offers improved productivity and longer asset life. Apart from this, it decreases downtime and lets you manage your inventory better.
With the pandemic staring in our faces, the cost-cutting will happen first from maintenance departments before other departments are even touched. So, with fewer resources a CMMS software with a reliable preventive maintenance program will save the day.
3. Accessible Threat Request Portals:
The traditional methods of threat reporting are either the way that facilities keep deteriorating until the problems are too big to handle or have a periodic demand of risk-check technicians that engrosses more time and money than it should.
Instead, your maintenance software should have a threat reporting request portal that is accessible to everyone in the facility. This makes the constant demand of technicians go away which saves money and increases uptime. But, extreme care must be taken in the implementation by giving CMMS software training to everyone in the facility.
These portals should also have some necessary data fields while issuing requests for threats so that the data is received correctly and proper work orders can be created to deal with it.
These features must be used in a way that you can identify which request is a priority and which is not. With COVID-19, not only machine and tool damage will be prioritized but health issues and safety tools will also become a priority.
The struggles after COVID-19 won’t be pieces of cake. But, with the right tools and software like a worthwhile CMMS software at your disposal, it will be slightly easier to survive through it.
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About the Author
Nitin is a voracious reader and a passionate writer. Having worked with numerous HR mobile app companies and MNCs across the world, he really has very to the point and enthralling insights about the industry and the people working in them. Nitin writes about technology and how it impacts various industries such as pharma, hospitality, travel, and many others as well.
Modern day Businesses prefer to manage the maintenance sphere of their operations from a centralized cloud based database using a CMMS. Internet Of Things(IoT) is an advanced technological feature whereby the devices in the facility can be totally connected via internet and interact smartly with each other. IoT integration offers a host of benefits infusing a radical change in style of management.
1. Minimize operational costs
IoT equipped devices can help businesses to monitor equipments continuously and check for failures or deviations in alignments on the production line. It can improve electrical efficiency of the facility by cutting off the power supply to the unit whenever the usage is unnecessary.
2. Insights into dynamics
It is an advantage to continuously be aware of what’s going around in and around your industry. This may be data pertaining to road traffic in your area or the crowd density inside the facility at any given moment of time etc.
Every facility with a physical space for displaying the business ware & huge halls thronged by customers should be aware of the customer traffic to get a handle on their business. This applies to shopping malls, retail chain of stores, restaurants, library, sporting venue, bank etc which deal with huge flow of people in and out of the facility.
There are sophisticated CMMS which in conjunction with sensors for capturing visitor traffic & people count can let you aware of trends on visitor traffic such as peak hours, individual sections of the facilities that attract people etc. With this valuable data on People Counting data you can deploy your staff efficiently to improve conversion rates & profits. The count of humans who have entered into a restricted premises can be calculated with more than 95% accuracy. You can exploit the data on these dynamics to arrive at well informed decisions.
3. Robust Building Management System
Able to view energy reports from multiple substations. It can support for unlimited concurrent users.Reduces the cost of third party licenses. A well monitored automated HVAC system can go a long way in optimizing a building’s energy-efficiency, without compromising on the thermal comfort of the users. HVAC is an essential component of Building Management Systems (BMS) . Data loggers provide reliable evidence of system operations. They aid in identification of HVAC equipment operation & faults, if any.
4. Vehicle management system
IOT integration in a CMMS can automatically recognize number plates & extract the registration number of the vehicles. This is achieved by attaching an RFID tag containing a unique authentication code to the vehicle thus providing for secured transportation.
5. Welding Quality Management
By means of sensors the power consumed by welding machines can be monitored. Based on power consumption welding quality of the machine can be determined.
6. Proper Metering Infrastructure
Smart metering solution can address the challenges faced by businesses without a proper metering infrastructure. Invoices can be generated by tabulating the energy consumption by different devices leading to power savings for the facility and country as well.
7. Use More Assets
IoT presents an opportunity to track assets using sensors. Once the assets are connected to the Internet of Things, you’ll in fact begin learning the efficient usage of assets than ever before due to improved seamless connectivity. The real-time insights help you in locating assets easily & scheduling planned preventive maintenance tasks.
8. Remote Monitoring
Remote monitoring can prove to be a daunting task. IoT instills a feel of continuity and excellent coordination between the main office and what goes on out in the field. The cloud gives employees with mobile devices access to the information they need to carry out their job. The fitted sensors lets managers track the whereabouts of employee, their activities etc. You are also in a convenient position to anticipate additional manpower requirement.
9. Improved Productivity
Productivity is a major advantage offered by Internet of Things. IoT is capable of providing the training for employees that they need immediately to complete tasks, at hand.
10. Figure out Issues
There may be various underlying issues within your business which may escape your notice unless unless you are well-connected into real-time data. You can exploit data that comes in from mobile devices, sensors and other derivative reports. Collating all of this can be used to figure out potential problems enabling you to provide intuitive & outstanding customer service. This also aids in reviewing & changing current business models for betterment.
11. Low-Cost Technologies
It is a misconception to think that IoT technology is expensive. The technologies are becoming more and more affordable these days. You can choose one that complements your in-house capabilities. Sensor costs are falling, data storage is more affordable, and computing power is increasing. Many businesses have already framed plans to take advantage of the IoT. It’s time for your business to embrace it and achieve more success.
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