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Augmenting industrial growth with machines

Augmenting industrial growth with machines

Industry 4.0 brings digitization and automation to enterprises that allow productivity and business growth with cost-effective processes that require minimal human intervention. The availability of chat robots, drones, artificial intelligence, voice assistants, and so on has improved the quality and efficiency of the business with its incredible capabilities to increase human intelligence and also process huge amounts of data. Today, millions of machines feed on data, learn new things, become better and more intelligent, and expand their storage, transfer, and sharing capabilities with other machines.

And that is why machines today have become an integral part of our lives and have brought a digital transformation to the entire industry.  They can operate at lightning speed and adapt to almost any conditions – and they’re way more powerful as can be.

When machines communicate with each other, chances are, you will barely need any human intervention to carry out a specific process. They communicate, act, and decide rapidly without any human help, and as for the machines around us, creating a transparent communication network becomes complex. So, to have better networks, supply chain routing, downtime reduction, and anticipated maintenance costs can be monitored.

When you compare machine networks with IoT, they’re pretty different. It’s because machines are independent network equipment that connects machines, and IoT connects these autonomous systems via the Internet.

A machine-to-machine communication, or for short M2M communication, tends to have efficient networks when finding resources such as oil and gas and enable the connection between robots. Some networks provide a range of user experiences, but the emergence of standards such as the 5G narrowband Internet of Things is just as important. Besides, cheap sensors lead to faster monitoring and perception of machines. Still, to be fully used, machines equipped with such sensors require a general approach that combines a seamless connection with context-specific analytics and remote action.

Machine communication networks are a vital part of the IoT and are now controlled by wireless technologies such as sensors, local area networks, and cellular networks. Wireless connections are flexible, economic, and easy to maintain. They can also automatically read meters to collect data from water meters or meters to understand the actual energy consumption and operating costs. Monitoring the supply and demand chain in logistics is also an important advantage in creating machine data networks.

By 2026, the M2M market is expected to reach $26.52 billion with a CAGR of 5.5%. Increased connectivity between machines can improve the growth of several industries, including agriculture and aviation. We are one step closer to a connected future of possibilities, and machine connectivity will help increase innovation in the future and benefit the global industrial economy.

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