Machine to machine (M2M) communication in tandem with the Intent of Things (IoT) has transformed efficiency in vast swathes of business. But nowhere more so than industry. Original equipment manufacturers (OEMs) have been able to automate multiple processes through the creation of self-monitoring adaptive networks with the capacity for data generation and transmission. Resulting in real cost-savings, enhanced productivity, and reduced labour. It’s the pinnacle of interoperability. And yet many OEMs are yet to maximise the potential of M2M. And it’s partly due to lack of understanding.
For OEMs, production line equipment breakdown is one of the worst-case scenarios. M2M devices allow for constant equipment monitoring. This ensures that any robotics, engineering or basic functionality issues – temperature fluctuations, timeliness – are picked up and reported before they become a serious problem and lead to break down.
And with M2M SIM, communication can take place between devices in practically any location. If your plant is based separately to your offices, you can keep an eye remotely. Something that’s even more beneficial at a time of pandemic.
With M2M monitoring, you can also simplify your supply chain. With stock notifications, you can either implement automatic replenishment. Or you can control stock levels remotely without unnecessary employee deployment.
M2M is one of the most cost-effective methods of data gathering and analysis. Properly deployed, this can provide you with the integral insights you need to not just grow your business, but transform your operating model, build resilience, and control costs.
And because M2M SIM are capable of withstanding extreme conditions – heat, cold, vibrations – they can provide uninterrupted data at all times.
Leading on from the above. Because M2M devices provide an abundance of real-time data, they can be a real boon when it comes to decision making. You can do this on a small scale, at a company level. But you can also use M2M in a big data scenario.
The whole idea behind M2M is that it removes the need for personnel to be on site to perform various tasks – data recovery, stock monitoring, performance checks. This results in direct cost savings. And because the data provided is error-free, there’s a far lower likelihood of expensive mistakes occurring.
With M2M SIM you only pay for the data you use, and you can share your data allowance between all of your devices. Meaning that you never need to spend more than you have budgeted for.
Customer experience (CX)
Customers of every kind expect more than they ever have before. Using M2M devices, you can monitor your CX, extrapolate useful analytics and initiate change. You can identify pain points. Enhance payment processes. And automate relevant activities.
M2M SIM and devices were designed for scalability. This means that no matter what the future brings for your business – recession-proofing or upscaling – your have the tech available to handle the changes.
Two of the reasons why OEMs have been deterred from the onboarding of M2M is that connectivity has been unreliable, and equipment has been costly. With the IoT growing by the day and increasing numbers of equipment coming on to the market, costs have fallen significantly. And with dedicated M2M SIM having the capability to flow between the strongest available network signals without loss of connectivity, there have been dramatic reliability gains.
Covid-19 has significantly enhanced the availability of M2M products and capability of the IoT. While at the same time making the necessity for these tools increasingly essential across all business sectors. Industry is no exception.
If you’d like support finding the best connectivity for your M2M devices, contact Better M2M today.
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