It means collecting data on a larger scale than before. Much of this information comes from sensors embedded in the physical assets factories and machine shops rely on, like material handling equipment, lathes, CNC machines, cutting tools and more.
Data from these sensors provide a host of information about that machine’s operation and condition, including any out-of-spec readings like unusual temperatures or vibrations. This information can prevent emerging issues that could lead to equipment failure or compromised quality of the workpiece.
Source:
IOT Magazine
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