The Internet of Things (IoT) is revolutionizing the way organizations operate. IoT refers to a network of devices and sensors that communicate with each other to make take a certain action. Sensors are placed strategically to gather information about the physical surroundings. This data is then shared within the network, which enables management systems to make decisions based on the data streamlining from the devices. IoT devices have significantly increased efficiencies in different industries, from pharma manufacturing to building management.
Building Management System
Creating smart buildings used to be expensive and time-consuming, however, IoT networks have drastically streamlined the process while reducing costs.
Property management companies install IoT systems on their premises to offer new features such as thermostats that can adjust the room temperature and light intensity.
Improved Risk Management
Building management systems that deploy IoT-enabled devices have seen a reduction in both energy consumption and maintenance costs. For instance, the data coming from motion and occupancy sensors can be used to control the air-conditioning and lighting in real time.
This enables property management companies to cut down on energy costs.
The round the clock monitoring capabilities of IoT-based smart properties enable businesses to predict maintenance issues before they can cause major problems to residents.
IoT in Pharma Manufacturing and Logistics
IoT provides incredible opportunities to the pharmaceutical industry such as better manufacturing standards, efficient hardware maintenance, and streamlined supply chain management.
One of the most significant challenges in drug manufacturing is equipment failure, which can be caused by different factors such as excessive voltage, chemical decomposition, or inadequate maintenance.
In order to prevent delays in production, drug manufacturing companies use night and day monitoring capabilities offered by IoT devices in their production facilities.
An Internet of Things network can keep a facility operating seamlessly by using critical information from various machine components such as:
- Pressure Gauges
- Air Compressors
The data collected from IoT sensors is then used for maintenance scheduling, which shortens downtime and increases safety in the manufacturing facility.
Monitoring Manufacturing Conditions
Inadequate manufacturing conditions can potentially have disastrous outcomes for pharmaceutical companies.
As a result, companies deploy Internet of Things technology to monitor the production process and environmental indicators in real-time, such as temperature, light intensity, and water purity.
All of the data generated by the IoT sensors can be shown on a dashboard enabling the laboratory managers to get a clear overview of the production process and make adjustments should the need arise.
Harnessing the Power of IoT Data with Rules Engines
IoT-connected devices create large volumes of insightful data. However, without smart and automated decision-making, an IoT network is nothing more than flashing dashboards and endless streams of data.
In other words, the data coming from the IoT network has little value if no companies don’t use it to take some actions. This is why a business rules engine is a critical element of IoT technology.
Businesses rely on rules engines to make sense of the large volumes of data generated by IoT networks. A business rules engine is a robust piece of software that uses powerful “when this, then do” conditional statements to influence the behavior of IoT devices. These conditional statements, known as business rules, outline what requirements need to be meant in order for an IoT device to take a certain action.