Forward-looking organizations are adopting emerging technologies that provide access to critical data to create a competitive advantage. Companies are using live machine data to accelerate operational efficiency, differentiate their products, improve customer service and add new revenue streams to their businesses.
The implementation of sophisticated Internet of Things (IoT) technologies on mobile assets, which was once only possible on the factory floor, opens the door for numerous areas of improvement in electro-hydraulic systems. These systems are designed for machine applications in off-highway such as farming, construction, mining, forestry and other industries.
Benefits to the users of IoT-enabled mobile machines include enhanced productivity, reliability, safety, profitability and more. In addition, these technologies can become key differentiators for original equipment manufacturers (OEMs).
Connectivity and Convergence
New IoT technology methods of gathering data, along with new business intelligence models that analyze this data, are converging to offer critical insights into the operation of mobile assets. With widespread global access to 4G connectivity, and the onset of 5G, which is 20 times faster than 4G networks, machines can control an abundance of data while operating. Advancements in sensor technology, both in technical capabilities and size and form factor, are also making it easier to gather and leverage equipment data. This data is being used to optimize machine applications.