IIoT for MSME

In the era of Industry 4.0, technological advancements are transforming the way businesses operate. The Industrial Internet of Things (IIoT) offers immense potential to all types of enterprises. However, it is the Micro, Small, and Medium Enterprises (MSMEs) that stand to gain the most from IIoT. It has helped the MSMEs through boosting productivity, streamlining operations, and staying competitive in today's fast-paced business environment.?

Digital transformation has changed the way businesses interact with their environment and customers. Industry 4.0. IoT technology interconnected computerized devices and systems using the internet. The IIoT has taken it a step further to include smart factories and the integration of industrial systems. This technology has proven hugely beneficial for both large and small-scale industries.

The Significance of MSMEs?

MSMEs are estimated to contribute around 40% or more to the GDP of many countries. These businesses are the backbone of many countries, contributing significantly to GDP, and fostering innovation. Yet, MSMEs often operate on tight budgets, making it challenging to invest in costly technologies. This is where the potential of IIoT comes into play.?

IIoT involves connecting physical devices, machines, and systems to the internet to collect and exchange data. This data can then be analyzed to gain valuable insights, optimize processes, and make data-driven decisions.?

How IIoT Can Benefit MSMEs?

• Cost-Efficiency: One of the primary challenges for MSMEs is operating within a limited budget. IIoT solutions provides a cost-effective business solution with advanced technology enabling their operations.??
• Enhanced Productivity: IIoT allows for real-time monitoring of machinery and equipment. This means that issues can be identified and addressed promptly, reducing downtime and increasing productivity. Predictive maintenance made possible through continuous data monitoring helps prevent breakdowns and minimizes costly repairs.??
• Streamlined Operations: Real time monitoring in MSME provides valuable insights into their processes. This information can be used to streamline operations, optimize resource allocation, and reduce waste. This results in better overall efficiency.?
• Improved Quality Control: MSMEs often struggle with maintaining consistent product quality. IIoT sensors and data analytics can help monitor product quality in real time. Any deviations from quality standards can be detected and corrected immediately, ensuring that products meet customer expectations.?
• Energy Efficiency: It becomes crucial for MSMEs to monitor and reduce energy consumption for cost savings and benchmarking.?
• Competitive Advantage: In a rapidly changing business environment, staying competitive is essential. IIoT can give MSMEs a competitive edge by providing them with the tools to adapt quickly, respond to market changes, and deliver products and services efficiently.?

Governments offer various forms of support. This includes financial incentives such as grants and subsidies, they also facilitate research and development projects, promoting innovation and the creation of tailored solutions. With supportive policies and regulations, such as data privacy laws and simplified compliance procedures, governments ensure that MSMEs can adopt IIoT technologies with confidence, reinforcing their ability to compete in a rapidly evolving business landscape. Moreover, international trade support and market access initiatives create opportunities for MSMEs to showcase their IIoT-driven products and services, expanding their reach and impact in both local and global markets. The government efforts collectively contribute to the empowerment and growth of MSMEs through the adoption of transformative IIoT solutions.?

What kind of Data MSME look for???

(MSMEs) can utilize Industrial Internet of Things (IIoT) technology to gather a wide range of data to enhance their operations and decision-making. The specific data they seek may vary depending on their industry and goals.

Machine and Equipment Data: Collect data on the performance and condition of their machines and equipment. This includes information on operating temperatures, pressures, vibrations, and energy consumption. Analyzing this data helps in predictive maintenance, reducing downtime and costly breakdowns.?

Production and Process Data: MSMEs can monitor production processes in real-time. This includes data on production rates, quality control, and efficiency. With IIoT, they can make quick adjustments to improve production and product quality.?

Inventory Management: IIoT can provide real-time data on inventory levels, helping MSMEs manage their stock more efficiently. This ensures they have the right amount of raw materials and finished products without overstocking or running out of supplies.??

Energy Consumption: Identify opportunities for energy efficiency and cost reduction. They can optimize energy usage during non-peak hours and reduce wastage.?

Environmental and Sustainability Data: MSMEs can collect data related to their environmental impact, such as emissions, waste generation, and resource consumption. This data can be used for sustainability reporting and compliance with environmental regulations.??

Quality Control and Defect Data: IIoT sensors can detect defects or irregularities in products during the manufacturing process, providing data on the frequency and types of defects. This helps in quality control and process improvement.?

Safety Data: MSMEs can use IIoT to monitor workplace safety. This includes data on environmental conditions and employee safety compliance, reducing workplace accidents.?

Predictive Analytics: Through data analysis, MSMEs can use IIoT to predict future trends and identify potential issues before they become critical. This can aid in better decision-making and proactive problem-solving.?

Enture Solutions

Enture is an adaptable, system-agnostic platform that seamlessly connects with current and future systems. It enables seamless Data integration for analytics and operates with multiple OEM companies which makes it a highly scalable and fault-tolerant platform for IIoT applications. It is interoperable across OT and IT infrastructure and supports multiple OT and IT protocols along with all security auth types. As a no code interface, the Enture dashboard provides high level of customization, custom reporting and analytics tool.

• Monitor, record, and manage your OT devices and Assets?
• Widget based Tab custom Dashboard and Views with Zero Coding?
• Edge Data Streaming for real-time monitoring?
• Energy trend and Analysis can be monitored?
• Alerts and notification if any threshold value exceed beyond permissible limits?
• Role based User Access and Permissions??
• Works with all Multifunction meters with RS485?
• Discrete monitoring of individual machines?
• Specific Energy Consumption (SEC) reports are generated?
• Condition-based predictive maintenance?
• No Code interface platform with high level of customization?

We, Nebeskie Labs are enabling organizations with digitization and Industry4.0. Our IIoT Edge Platform - Enture seamlessly integrated Operation Technology (OT) with Information Technology IT, bringing data to one place for analysis.