WHAT IS M2M?
By “M2M” (machine-to-machine), the “Internet of Things” (IoT) and “Industry 4.0”, we mean the networking of devices and/or things with one another. A major aspect of M2M communication is remote monitoring, control and maintenance of machines, facilities and systems. But intelligent networking offers users and providers a great deal of further potential: In addition to improving services, enhancing customer loyalty and optimizing internal processes, it can lead to the creation of entirely new business models.
A great many individual aspects must be understood and implemented in order to develop a smoothly operating our solution: Hardware, connectivity, systems integration, process design, security and software know-how.
Discussions on machine-to-machine and internet of things thus often focus on the impressive technologies and the solution concept.
But what really matters is the concrete, on-the-ground benefit for the enterprise!
We have conducted the first in-depth review of the benefits of machine to machine solutions.The analysis offers reader valuable information on how to plan and implement our projects:
Overview – Our Benefits Radar supports enterprises from all branches of industry in planning and evaluating our projects
Vision – Machine-to-machine as a driver for new business models and services
Special characteristics – Medium-scale industry starts from pole position
Pro OPTIMIZING PROCESSES
Improved performanceOptimized sales
Configuration & update management
Logistics & inventory management
Reduced maintenance requirementsOptimized use of machines
Localization and remote maintenance
Expanded portfolio Compliance with standards
NEW BUSINESS MODELS
New target groups New markets
Identification of new USPs
Operating data analysis / R&D
WHAT IS THE “INTERNET OF THINGS” (IOT)?
The Internet of Things (IoT) serves as a generic term for the merging of the real and the virtual worlds in the consumer field. It enables wireless communication between different physical objects.
A prerequisite such communication is a means for unambiguous identification; only in this way can goods and devices become capable of registering ambient conditions and executing actions.
Equipped with their own sensor and actuator technology, they can merge to form complex autonomous systems.
WHAT IS “INDUSTRY 4.0”?
The term Industry 4.0 is a reference to the 4th industrial revolution. All types of machines, products or processes can be networked with one another in “smart factories” to generate new types of business model and provide extensive optimization potentials in production and logistics.
Complex reorganization and networked control of value-adding networks enables real-time steering, planning and control of manufacturing processes.