What additional benefits may arise from converting the plants to the Internet of Things?
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Manufacturer Weighs Converting to Internet of Things
You are a member of the plant
Your company has just purchased a plant previously owned by one of your competitors in a nearby state. Your group has been asked to look at the feasibility of upgrading the sensors used in both plants to Internet-enabled sensors connected to the Internet of Things. This would make it possible for technicians in one control room to monitor the operation of both plants. Plant staffing could be reduced by 12 workers saving $1.2 million in labor expenses per year. It is estimated that the cost of replacing the existing sensors and converting to the Internet of Things is in the vicinity of $1.5 million.
- What additional benefits may arise from converting the plants to the Internet of Things?
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