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Monday 28 August 2017

IIOT: More an investment than an expense




In an interview, Vivek Gupta, General Manager & Head Instrument, DCM Shriram Ltd with Chemical Today Magazine talks about IIOT in the process industry.   
By Debarati Das
IIOT in Process industry.
As of now, IIOT acceptance has been more in the manufacturing sector. As far as the process industry is concerned, there are quite a number of hazardous chemicals to deal with where one small mistake can result into havoc. That’s the reason there is still a hesitancy in acceptance of something new, and thus the technology is seeping in very slowly. However, we have begun with digitizing compressors, motors, pumps, etc.
IIOT in the process industry is being used more for predictive maintenance. IIOT can be very useful for having information like when a particular machine needs maintenance and when a scheduled shutdown should be made. This can help in having the plant run flawlessly with well-maintained machines without any breakdowns and losses to the company.

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