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IoT can increase productivity substantially


Wednesday, April 3, 2019

A 2018 PwC report, Australia’s IoT Opportunity: Driving Future Growth, stated that across five industries assessed, which represent 25 per cent of Australia’s GDP, the Internet of Things (IoT) can achieve potential annual benefits of $194-$308 billion over a period of 8-18 years. This impact translates into average productivity improvements of about 2 per cent per annum across construction, mining, manufacturing, healthcare and agriculture.

Along with the significant growth IoT brings to these industries, IoT solutions can also contribute to sustainability by making new, more robust business models possible. IoT driven devices are often implemented on the factory floor to streamline processes for more reliability and efficiency. These processes not only help run quicker and more accurate operations, but they also lower operational costs as machines pick up errors in real-time and minimise downtime.

These same IoT systems are making notable contributions to environmental sustainability. For example, systems can detect the overuse of power in certain applications of a facility – giving manufacturers a notification of when and where they may need to change their practices to implement more sustainably viable options.

Mouser Electronics helps manufacturers lead the way in sustainable IoT solutions. The company is a supplier of semiconductors and electronic components for more than 750 manufacturers. Mouser specialises in the rapid introduction of new products and technologies for design engineers and buyers.

The products Mouser stocks for the Australian market include Analog Devices’ broad range of solutions aimed at helping manufacturers of original industrial equipment accelerate their path to Industry 4.0.

Analog Devices’ integrated monitoring and control components combine Analog to Digital Converter (ADC) and Digital to Analog Converter (DAC), temperature sensors, General Purpose Input Output (GPIOs), and current sensing technologies in a wide range of configurations. Active Directory Integration (ADI) solutions save space over discrete implementations, simplify operations and provide configurability to a variety of systems. These products are ideal for general system monitoring of peripherals such as power supplies or system voltages and currents. Used in wireless base stations, optical transceivers, transponders, and industrial systems such as building control, these converters offer versatility and flexibility.

Mouser also stocks Texas Instruments range, which includes the newly released mmWave technology for the global industrial market. Introduced in November 2018, the IWR1642 mmWave sensors enable industrial automation through on-chip processing capabilities, providing real-time decision-making and signal processing in industrial settings.

Along with Analog Devices’ products and Texas Instruments’ range, Mouser Electronics stocks many more applications that can help manufacturers meet their IoT and sustainability goals.

By: DocMemory
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