The Internet of Things (IoT) is the internetworking of physical devices, vehicles (also referred to as "connected devices" and "smart devices"), buildings and other items—embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data.
Validity Systems are working with Industry leaders to provide our clients with IoT solutions to streamline operations, gather and analyze the data as well as make predictions regarding operational efficiency. In conjunction with our partners we provide the following solutions:
With use of remote sensors, expanded wireless as well as applications and software solutions, Organizations can gather data remotely and have instant access to data analysis to make key business and operations decisions. These solutions will prevent incidents, reduce downtime and improve business decisions.
Using data to monitor equipment can both save millions of dollars and ensure a safer environment. Sensors continually monitor for any anomalies in the operations and communicate the findings with the maintenance team. Video cameras also can be installed in areas with a potentially higher risk. With enhanced wireless, troubleshooting can be conducted remotely, eliminating the need to personnel to travel to remote sites for consults. With a stable network those cameras will be able to send their feed to operations.
Remote performance monitoring
It has been estimated that only 1% of the information gathered is being made available decision makers. Increase data capture can boost output by as much as 10% over a two-year period – saving millions of dollars. An industrywide adoption of IoT technology could increase global GDP by as much as 0.8%, or $816 billion during the next decade, according to Oxford Economics.
The collection of data in terms of performance and the organization of that data can lead to massive increases in production. The ability to compare a remote facility production with that of another allows producers the ability to find maximum outputs. The metrics taken into account can all be accurately tracked and compared between systems.
Logistics and Equipment Tracking
With the use of IoT technology, Equipment tracking can be completely automated with the introduction of scanners and software in conjunction with RFID technology. The solution can manage equipment tracking and management.