Featured
- Get link
- X
- Other Apps
Downtime costs: the main motivator when moving to IIoT
A Prevention of downtime is a great incentive for companies embarking on the Industrial Internet of Things (IIoT) and can bring great benefits to organizations that do it right. Obsolete operational technologies (OT) such as physical sensors, proprietary control system software, SCADA, and an archiver pose a significant risk of downtime. When they fail, the costs are high. Information Technology and Analytics Consulting (ITIC) found that:
“98% of organizations say one hour of downtime is worth more
than $ 100,000; 81% of respondents indicated that 60 minutes of downtime costs
a business more than $ 300,000. A record third of 33% of companies report that
one hour of downtime costs their companies anywhere from $ 1 million to over $
5 million. "
Here are four best practices for monitoring uptime when
migrating to IIoT:
1. Cost of Downtime: How Much Runtime Is Sufficient?
Stoppage in industrial automation isn't cheap, so it's wise
to know the direct costs of product delays, downtime and overtime, and repair
costs for your current business. Your business can also take into account
damage to reputation, environmental damage, litigation, and more. First,
Stratus helps you understand the true cost of unplanned downtime for your plant
and provides a downtime calculator to help you calculate.
Once you know the hourly cost of downtime, determine your
tolerance level. While 99% uptime may sound fantastic, it is actually 88 hours
of downtime on average per year, or perhaps millions of dollars. Fault-tolerant
solution pay dividends with 99.999% availability, resulting in only about five
minutes per year.
2. Protect yourself before you get well.
While a disaster recovery plan will get you back to work
after a disaster, it's not enough.
By the time disaster recovery begins, significant damage has
been done — and often irreparably. The data in motion in your production
environment is mostly data on the fly, occurring in milliseconds and requiring
an instant response. This data is lost when the power is turned off.
You will need an availability solution that prevents outages
and ensures zero data loss.
3. Be simpler
When integrating IT and OT systems to achieve IIoT,
simplicity is critical. Operations staff often lack the advanced IT skills
required to manage complex IT deployments. Therefore, choose an accessibility
solution that is easy to deploy and easy to operate and manage. This way you
can focus on making sure your plants grow well.
Virtualization is also important for simplicity. Virtual machineries
are isolated from unexpected problems elsewhere, and servers can be easily
taken offline for orderly updates and upgrades. The problem is that
consolidating IT and OT systems on a single physical machine replaces multiple
points of potential failure with a single point, increasing your exposure to
risk.
Find out more about IT / OT integration here
4. Solve today's downtime costs with an eye to the futures.
Most industrial automation governments are not ready to make
large scale upgrades right away. So change your schedule to address real-world
problems right away. The first few wins will get your project off the ground.
Remember: leave enough room for future growth and
modification. Build on industry standards and proven methodologies. An
accessibility solution that you can implement and forget will pay off in future
compatibility and performance.
The Internet of Things is no longer just for early adopters.
Done right, IIoT can provide huge savings and competitive advantage. Be sure to
factor in uptime when solving this challenging task. You will create a solid
foundation for real, measurable benefits.
The New Kent County, Virginia Department of Public Services
provides utility services that are safe, reliable, economical, and
environmentally sustainable. The department is responsible for the operation
and management of public water supply and sewerage systems. they work
bloggerelle entertainmentweeklyupdates countrylivingblog theallureblog technoratiblog
- Get link
- X
- Other Apps
Popular Posts
Military Times launches new on line obituary platform
- Get link
- X
- Other Apps