Cyient Blog

Off Highway & Industrial

Connected Equipment: What You Need To Know

Equipment connectivity is key for any organization looking for actionable intelligence and greater overall efficiency. A connected equipment strategy doesn’t just add business and operational value, but it also provides the competitive advantage that industrial original equipment manufacturers (OEMs), and equipment owners and operators need in today’s fast-paced marketplace. If you’re considering implementing equipment connectivity in your organization, there are a variety of questions you may have—from how to overcome the challenges of introducing connectivity into a traditional or established operational process to the immediate and long-term benefits connecting your equipment may bring. Cyient’s resident IoT and analytics expert, Matt…

By Matt Winkler | May 19th, 2019

Off Highway & Industrial

Top 3 Technology Trends for the Industrial Equipment and Energy & Natural Resources Industries

Continuous improvement is vital within the heavy & industrial equipment and energy & natural resources industries. To maintain their competitive advantage, original equipment manufacturers (OEMs), equipment owners and operators are always looking for ways to optimize production, reduce costs, increase efficiency, and improve safety. For the past two years, and as a major driver through 2019, leading research company Gartner has described the “Intelligent Digital Mesh” as a consistent industry theme. “Intelligent” refers to how artificial intelligence (AI) has made its way into virtually every technology; “digital” blends the virtual and real worlds to create a digitally enhanced and connected…

By Katie Cook | May 15th, 2019

Off Highway & Industrial

Executing a Connected Equipment Strategy

A recent Forrester report, Internet-of-Things Heat Map 2018[1], noted that industrial products lead all industries in IoT adoption at 45%, with an additional 22% planning to adopt IoT in the next 12 months. However, even as organizations continue to realize the upside of connected devices, many are learning that attempting to transform a business with IoT connectivity can be a huge—and quite challenging—undertaking. That’s because, unlike software initiatives, which are often owned and controlled by IT, connected equipment deployments span multiple business and operational teams. The Best Path Forward: A Sound and Inclusive Approach First and foremost, without a solid…

By Matt Winkler | March 13th, 2019

Off Highway & Industrial

5 Ways Equipment Connectivity is Transforming Business Operations

Due to ever-emerging IoT trends and technologies, Gartner Research predicted that 14.2 billion connected things would be in use in 2019 and would reach 25 billion by 2021.[ 1] To keep up with these changes, original equipment manufacturers (OEMs), equipment owners, and operators are harnessing the power of the Internet of Things (IoT) and advanced data analytics to transform their business operations. Here are five ways connected equipment is changing how businesses work: Optimized operations. Connected equipment is simply more efficient and productive than its unconnected siblings. With accessible equipment data, real-time asset health monitoring, value-added analytics, and predictive action…

By Matt Winkler | March 13th, 2019

Off Highway & Industrial

Defining a Connected Equipment Strategy

In this revolutionary Industry 4.0 era, business leaders in the industrial, heavy equipment, mining, and oil & gas industries understand that creating and incorporating a strategy for equipment connectivity that addresses issues within individual machines and the broader operating environment is a crucial part of staying relevant in their marketplaces.   A connected equipment strategy that includes advanced analytics to deliver actionable insights can greatly increase operational productivity, safety and reliability while enhancing customer experiences. What Drives the Need for Connected Equipment? For OEMs, and equipment owners and operators, key areas of concern often include unplanned downtime, operational and safety risks,…

By Matt Winkler | February 16th, 2019

Off Highway & Industrial

Deploying Flexible Operations in Changing Industrial Environments

In a world where technology is constantly evolving, manufacturers and service providers must adopt an agile approach to respond to internal and external changes in their industry. They must also have the ability to initiate transformation without reducing value delivered to customers. Flexible operations provide the ability to meet customer demands while also regulating costs. For sectors that rely heavily on technology, such as industrial and heavy equipment, infrastructure, telecom, aerospace, rail, and semiconductor, the ability to operate efficiently and remain competitive is even more critical.   The Difficult Road to Achieving Operational Flexibility Businesses seek flexible operation models to…

By Bhaskar Ramakrishnan | June 28th, 2018

Off Highway & Industrial

Achieving Cost Optimization with Multidisciplinary Engineering Collaboration

In business, cost structures require constant attention. Even companies with a good history of profit margins continually target areas where they can further streamline costs. The increasingly competitive marketplace, shrinking product development cycles, ongoing leaps in technology, changing taxation policies, and environmental sensitivities compel organizations to continually drive down their internal costs. However, the sheer scale and complexity of their industrial processes make cost reduction with quality retention difficult to attain. Most companies introduce cost-savings plans in the early stages of their product development cycle but implementing cost-saving measures to achieve financial targets along the way can be a struggle.…

By Bhaskar Ramakrishnan | February 6th, 2018

Off Highway & Industrial

How Predictive Maintenance Solutions are Boosting Asset Efficiency

Equipment manufacturers, EPCs and power and process plant owners/operators commonly face the challenge of keeping their fleet, machinery, and other assets in effective working condition while also reducing the costs of maintenance and time-based repairs. Considering the aggressive time-to-market for these products and services, it’s becoming important to identify the cause of their possible faults or failures before they occur. Emerging technologies like the Internet of Things, big data analytics, and cloud are enabling more vehicles, industrial equipment, and assembly robots to convey their current status to a centralized server making detection of faults easier, more practical, and more direct.…

By Dr. Sean Otto | November 7th, 2017

Off Highway & Industrial

“Time to Change” – How Digitalization is Changing Your Sector

The 2017 Engineering Summit brought together over 300 senior participants from the European plant-engineering sector, under the theme, “Time to Change”. CXOs from market leaders Bilfinger, Linde, ThyssenKrupp, M+W Group, SMS Group, Primetals, and others have set the bar high for the sector and demonstrated the importance of utilizing efficient processes and new technology to master challenges arising from market changes, digitalization, and cost. Key lessons learned from the event are below: New business models are necessary Tom Blades, CEO of Bilfinger, showed that the continuous technological innovation pushes the potential of IoT for EPCs. IHS forecasts are in favor…

By Mihail Ivanov | July 27th, 2017

Community

Climate Change – What the Engineering Community Can Do

During the 1890s, urban population in cities like New York and London faced a rather unusual crisis called “the great horse manure crisis” caused due to horse-driven carriages. These cities were inundated each day with tons of manure from thousands of horses, causing foul smell and posing significant health hazards. The birth of modern cars in the early 20th century was celebrated not just as a transportation wonder, but also as a great invention providing relief from the horse manure crisis. Little did anyone know at that point that 100 years later emissions from cars would become one of the…

By Rajendra Velagapudi | May 28th, 2016