The world of enterprise Internet of Things (IoT) has captured the attention of experts and engineers in the industries, with experts predictions and analyses aiming to understand its growth and potential. Looking back to 2017 BCG published a detailed analysis asking: “Where are the growth opportunities in enterprise IoT?” The authors discussed the growth opportunities along the IoT tech stack from 2015 to 2020.
The quick conclusion: The top layers of the tech stack (services, applications, and analytics) will grow the fastest between 2015 and 2020 and will see the highest spending industry analysts shared insights about the opportunities and challenges within the IoT landscape.
Now, in 2023, it's time to reassess those predictions and explore the keys to success in the ever-evolving enterprise IoT market from 2023 to 2027.
According to IOT Analytics' recent report “Winning in IoT: How the enterprise IoT market is evolving”, the spending in 2022 amounted to $201 billion, deviating from previous forecasts. However, the report emphasizes a significant shift in focus among IoT adopters toward building a robust IoT software foundation, developing cutting-edge IoT applications and seamlessly integrating artificial intelligence (AI) into their IoT solutions. It is projected that by 2027, approximately 47% of IoT applications will incorporate AI elements.
One key aspect that organizations are increasingly prioritizing within the IoT landscape is asset performance and monitoring. The ability to gather real-time data from connected devices empowers businesses to optimize their asset utilization, minimize downtime, and enhance operational efficiency. With advanced IoT solutions, such as those provided by Webee, companies can monitor their assets remotely, proactively identify maintenance needs and leverage predictive analytics to make data-driven decisions that maximize asset performance.
As we evaluate the accuracy of industry predictions made in 2017, IoT Analytics' data shows that while the direction of those predictions was generally correct, the pace of IoT adoption and the speed of technological shifts were overestimated. For instance, the market size in 2020 was projected to reach $250 billion, but the actual figure reported by IoT Analytics' spending tracker was $136.6 billion. Similarly, the distribution of spending across different tech stack elements differed from initial predictions.
Moving forward, IoT technology offers value across various industries, including manufacturing, retail, and transportation. IoT projects are now more successful, with 87% meeting or exceeding expectations in 2023. To comprehend the evolving IoT landscape, it is crucial to consider the IoT technology maturity framework. This framework encompasses five key stages:
In this evolving IoT market, leading vendors are adopting strategies to position themselves for success. These strategies include building strong ecosystems of partners, focusing on solutions that address specific customer problems, embedding a bold AI vision, acquiring missing puzzle pieces through acquisitions, and embracing open standards to ensure interoperability and compatibility.
As the IoT market continues to expand, opportunities abound for companies to leverage IoT technologies and drive innovation. By understanding the evolving landscape, IoT vendors like Webee can navigate the changing market dynamics and position themselves for success in this AI-driven IoT era. With a comprehensive suite of IoT solutions focused on asset performance and monitoring, Webee empowers businesses to optimize their operations, boost productivity, and unlock new levels of efficiency in the ever-evolving enterprise IoT market.
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The manufacturing industry challenges are driving a transformation in the way manufacturing is conducted, with a focus on automation and digitization.
A new study by McKinsey, titled "Is Industrial Automation Headed for a Tipping Point?" suggests that this transformation is on the cusp of a major tipping point. Below are the trends converging to make industrial automation.
The report goes on to describe two possible scenarios for factory automation that depend on different factors, including the pace of technological development, the cost of automation, and the competitive landscape. These are:
These two scenarios are not mutually exclusive. It is possible that the industry will experience a combination of both gradual market development and faster transition. This would mean that some manufacturers would adopt automation at a gradual pace, while others would embrace it more rapidly.
For any manufacturer, it is important that they observe and prepare for their industrial automation plans. Here are some of the recommendations provided by McKinsey & Company:
It is clear that the manufacturing industry is at a crossroads. The traditional way of doing things is no longer sustainable, and manufacturers need to embrace new technologies to remain competitive. However, it is important to remember that automation is not a silver bullet. It is a tool that can be used to improve efficiency and productivity, but it is not a replacement for human ingenuity and creativity.
Manufacturers who succeed in the future will be those who can use automation to their advantage while maintaining a focus on innovation and quality. They will be those who can create a workplace that is safe, productive, and rewarding for all employees.
We know that the future of industrial automation is bright, and we are excited to be a part of it. Webee believes that IIoT has the potential to revolutionize the way products are made, and we are committed to helping our customers succeed in this new era of manufacturing.
If you are interested in learning more about how Webee can help you with your IIoT needs, please contact us today. We would be happy to discuss your specific requirements and how we can help you achieve your business goals.
Manufacturing is undergoing a remarkable transformation, driven by the emergence of intelligent industries and the advent of smart factories. The Nordic Future of Technology Forum, presented by Capgemini, recently gathered industry leaders and innovators to explore the trajectory of both of them. One of the highlights was a panel discussion titled "Future Trends in Smart Factories, from a Silicon Valley perspective," featuring Lucas Funes and Cecilia Flores, Webee’s Founders. Their profound insights shed light on the practical aspects of implementing smart factory solutions. You can see the full event and panel here.
For now, let's delve into the key takeaways from their discussion, featuring expert quotes, to gain a deeper understanding of the journey toward sustainable and efficient manufacturing.
He emphasized that a sustainable supply chain, integrating ethical and environmentally responsible practices, is vital for success. Webee's software reduces costs, greenhouse gas emissions, and unplanned downtime, enabling environmentally conscious and efficient operations.
These wireless and non-intrusive sensors provide manufacturers with the flexibility to start at a specific point and evolve their solutions according to their specific needs. Cecilia Flores, COO of Webee, further emphasized the significance of adopting a bottom-up approach and leveraging advanced sensor technologies. She stated, "Our vision is to involve front-line workers and line supervisors in creating their own solutions, making their work easier by using flexible and powerful sensors."
This iterative process ensures a tangible return on investment and meets the evolving needs of the organization. Cecilia explained, "When you find what works for a specific factory, scalability comes into play. You can seamlessly scale across other factories and locations with minimal changes."
He stated, "We envision a future where sustainability and workers' well-being are integral to the manufacturing landscape." This paradigm shift empowers front-line workers to create innovative solutions, leveraging available tools and technologies to drive efficiency and sustainability.
Both emphasized the importance of strategic partnerships that go beyond technology provision, highlighting the need for collaborative efforts, stating, "It's important to partner with organizations that help you see the bigger picture, aligning smart factory solutions with long-term roadmaps." Such partnerships enable manufacturers to navigate complexities, leverage expertise, and drive sustained success.
As the session concluded, Cecilia and Lucas encouraged the audience to embrace the possibilities offered by Webee's 360 operational intelligence software. By adopting this transformative solution, manufacturers can embark on a sustainable and efficient path toward accelerated operational intelligence. It is time to reimagine the manufacturing landscape, where data-driven insights, advanced sensor technologies, and empowered workers converge to drive unprecedented growth.
To sum up, the Nordic Future of Technology Forum offered invaluable insights into the practical aspects of smart factories and the journey toward sustainable and efficient manufacturing. As highlighted by Lucas Funes and Cecilia Flores, embracing a bottom-up approach, leveraging advanced sensor technologies, and fostering strategic partnerships are vital for success in this transformative landscape. Join Webee's revolution today and shape the future of manufacturing. Together, we can unlock new horizons of success.
Energy monitoring has evolved from a mere necessity to a strategic advantage for forward-thinking companies. Understanding the nuances of energy consumption and its impact on operational efficiency is crucial for manufacturing industries. By delving into granular details, such as energy consumption patterns, power quality, and power factor, businesses can optimize their processes, reduce costs, and minimize their environmental footprint. It's not just about having the numbers; it's about leveraging data-driven insights to optimize resource allocation and enhance productivity. The ability to measure and manage energy usage is the first step towards transforming your business into an agile and future-ready enterprise.
In our previous blog post, "The Benefits of Monitoring Energy Consumption, Quality, and Power Factor," we explored the significance of monitoring energy variables and the advantages it brings to industrial operations. We will now dive deeper into the practical applications of this information and how it empowers businesses to drive sustainability, optimize energy consumption, and reduce costs.
Ensuring ESG Goals and Measuring Environmental Impact
By leveraging data obtained from Programmable Logic Controllers (PLCs) or non-intrusive sensors, businesses can gain real-time visibility into energy consumption at various levels, including power supplies, substations, and individual machines. This comprehensive monitoring capability enables the identification of energy efficiency opportunities and the implementation of targeted measures to reduce energy waste, ultimately contributing to a lower carbon footprint.
Furthermore, energy monitoring provides insights into the energy consumption associated with each unit or SKU produced. By accurately calculating specific energy usage per product, organizations can evaluate the energy efficiency of different product lines, identify areas for improvement, and align their energy consumption with sustainable practices. This data-driven approach empowers businesses to make informed decisions that optimize resource allocation, enhance productivity, and reduce their overall environmental footprint.
Smart Energy Consumption through Data-Driven Insights
Just like any other IIoT application out there, energy monitoring generates thousands of data points each day. The question is, how can it be harnessed to take this solution to the next level? The answer lies in data science and advanced analytics that generate actionable insights. By analyzing the wealth of data collected from energy monitoring systems, we help businesses develop sophisticated algorithms tailored to their specific requirements. These algorithms provide recommendations that optimize energy consumption and costs, ensuring high-tech industries operate at peak efficiency. Some examples include:
The benefits of industrial energy monitoring are now clear. By capturing and analyzing energy-related data, organizations can gain deep insights into their operations, identify areas of improvement, and make data-driven decisions that drive performance.
Webee's energy monitoring solution provides the necessary tools and capabilities to transform energy data into actionable insights, enabling businesses to achieve their ESG goals, reduce their environmental impact, and positively impact their bottom line. By leveraging advanced analytics and data science, organizations can unlock the true potential of energy monitoring and drive their journey toward a more sustainable and future-ready enterprise. If you are ready to take the next step don't hesitate to schedule a demo now.
Cleantech technology offer solutions that promote sustainability by improving energy efficiency systems and reducing waste. It plays a critical role in promoting Environmental, Social, and Governance (ESG) principles, helping industries with the pressing need for more sustainable ways to mitigate their negative impacts on the environment. As companies continue to grow, so do their energy consumption, waste production, and carbon footprint.
We explore the concept of Cleantech, solutions for industrial operations, and its contribution towards addressing ESG goals.
What is Clean Technology?
Cleantech refers to technologies and practices that promote sustainability and reduce negative environmental impacts. It includes a broad range of technologies, including energy-efficient fabrics, renewable energy sources, water conservation systems, and waste management solutions. It aims to offer ways to create a more sustainable world by balancing economic growth with environmental protection.
How to Implement Cleantech in manufacturing operations?
Manufacturing operations have enormous potential for optimizing processes, preserving natural resources, and reducing energy consumption. However, these operations also present challenges in terms of sustainability. To implement Cleantech in a manufacturing environment, companies need to adopt a holistic approach that considers the entire production process, from raw materials to end-of-life disposal. Here are some ways on how to implement Clean Technology in industrial operations:
ESG and Cleantech
One last but not less important point to address is Cleantech intertwined relationship with ESG goals, as they play a crucial role in achieving them. ESG, or Environmental, Social, and Governance, is a set of factors that are used to evaluate a company's sustainability and ethical practices. ESG factors are becoming increasingly important for investors and customers, who want to ensure that the companies they invest in or do business with are committed to sustainable practices and ethical behavior.
In the context of Cleantech, ESG goals are closely linked to the use of these technologies. By implementing Cleantech solutions, companies can reduce their carbon footprint, lower their energy consumption, and conserve natural resources. These actions directly impact the Environmental factor of ESG.
The use of these solutions can also positively impact the Social factor of ESG. They reduce pollution and environmental impact, thereby improving the health and well-being of employees, customers, and local communities. They also improve Governance by demonstrating a commitment to sustainability and ethical practices, leading to a higher brand reputation and attracting ESG-oriented investors and customers.
By implementing these solutions, companies can optimize their processes and reduce energy consumption, waste generation, and negative environmental impacts. Implementing Cleantech requires a holistic approach that considers the entire production process. Additionally, ESG goals are closely linked to it, with companies being held accountable for their sustainability and ethical practices. The future of sustainable manufacturing lies in the implementation of clean technology into our operations.
In the world of industrial operations, pressure is always on to optimize productivity, reduce costs, and eliminate unplanned downtime. However, with factories going digital, the problem is no longer just about having the right technology or accessing data. Frontline workers also need to be involved in building the technology they need and to design efficiently how to add visibility across assets, processes, and operations. The challenge is how to provide this visibility while addressing labor shortages and the need for special skills and education for everyday tasks.
The answer may lie in Generative AI. Generative AI algorithms can create new, unique data sets or content that can be used to inform decision-making, create new products or services, or provide personalized experiences to users, as explained in this article about how AI powers the next gen of IoT. Generative AI can accelerate frontline workers’ learning curve and improve their decision-making by providing them with real-time intelligence and personalized recommendations. This in turn can help to reduce costs, increase productivity, and eliminate unplanned downtime.
One clear example is how in the context of industrial IoT (IIoT), generative AI can be employed as a chat assistant to interpret anomalies on graphics or machines to later prioritize tasks or send notifications accordingly. It can also be used to generate synthetic data to train machine learning algorithms or to create simulations of complex systems to optimize their performance.
In a floor shop with old-school monitors (HMI) on machines and production lines, frontline workers can't see and search for contextual information and instructions to receive recommendations in real-time. They need to walk the plant watching monitors and looking for alerts. Data is still in silos and frontline workers must be trained to use the HMI.
Everything on the left side of the diagram – the legacy machines, papers, and PLC – represents data sources that companies have and are usually in silos, making their analysis difficult and time consuming. In the manufacturing industry, there are numerous sources of data, but the information isn't processed or learned from. Webee's software is needed to consolidate and normalize this information so that it can be learned from and used to discover anomalies and inefficiencies. This information is transformed into applications designed by the customer using drag-and-drop features to select how to view the data. Generative AI is then used to interpret the data and provide answers to the user's questions. Unlike traditional machine learning, which simply recognizes patterns, Generative AI can suggest actions to take based on the data.
In summary, AI and Generative AI are transforming industrial operations by providing real-time intelligence and personalized recommendations to frontline workers. AI-powered IoT devices can provide valuable insights into operations, helping to optimize efficiency and reduce waste. The possibilities for AI in the industrial sector are truly exciting, and we are just scratching the surface of what this technology can do.
If you want to see how Webee's 360° platform can make your industrial operations more efficient and productive, paving the way for a smarter, more sustainable future, don't hesitate to take the next step.
Artificial Intelligence (AI) and the Internet of Things (IoT) are two fast-evolving technologies. As there is a symbiotic relationship between the two of them, it's critical that we dive deep into their impact and how they support each other to benefit different industries.
Let's start by defining what are these two technologies.
What is iot?
The Internet of Things (IoT) refers to the network of physical objects that are embedded with sensors, software, and other technologies that enable them to collect and exchange data over the Internet. Essentially, IoT is a network of devices rather than people. IoT applications are normally built from devices that sense real-world conditions and then trigger actions to respond in some way. A simple example is a sensor that, when activated, turns on some lights, but many IoT applications require more complicated rules to link triggers and actions. These objects can be anything from smart devices in our homes to industrial equipment in factories. The data collected by these devices can be used to monitor and control various aspects of the physical world and can provide valuable insights into how to optimize operations, reduce costs, and improve efficiency.
What is ai?
AI (Artificial Intelligence) refers to the ability of machines to perceive, synthesize, and infer information. It is the simulation of human intelligence processes by machines, particularly computer systems. Machine learning (ML) is a branch of AI where the application learns behavior rather than having it programmed in. Machine learning allows users to create custom rules and algorithms that can learn from data and make decisions in real time. This technology can be used to detect anomalies, predict maintenance needs, and optimize energy usage patterns, among other applications.
Generative AI takes machine learning to the next level by going beyond identifying patterns and making predictions based on existing data. It enables machines to generate new data or content based on the patterns and insights it has learned from existing data. This means that Generative AI algorithms can create new, unique data sets or content, which can be used to inform decision-making, create new products or services, or provide personalized experiences to users.
Simply put, an AI algorithm can help organizations find anomalies in their energy consumption patterns, detect equipment failures before they occur, or optimize their production processes for greater efficiency. In the same context, Generative AI could take it to the next level by generating new energy management strategies based on historical data, predicting when machines are likely to require maintenance and scheduling repairs proactively, or creating customized production plans based on customer demand patterns. For example, an industrial plant could use Generative AI to generate optimized energy usage plans based on real-time sensor data, or to predict when a machine is likely to fail and automatically schedule maintenance to avoid downtime.
AI is becoming increasingly important in the industrial IoT space, as it can help organizations automate processes, optimize operations, and improve efficiency.
Frontline workers could access instructions and recommendations with 360 contextual information of the floor shop in real-time. They just need to open the phone, and the Generative AI bot will interact in natural language with text and voice providing media content (charts, videos, pictures) to improve and simplify their work.
CHALLENGES OF AI AND IOT INTEGRATION
The integration of AI and IoT also presents several challenges that organizations need to focus on finding sustainable ways to scale. One of the biggest challenges is related to data privacy and security. IoT systems generate large amounts of data, much of which is sensitive and private. To address this concern, we must prioritize the development of secure and ethical systems that protect user privacy. This can be achieved through measures such as implementing strong encryption protocols, ensuring data is stored and transmitted securely, and enabling users to control access to their data.
Another major challenge is the potential for bias in AI algorithms, which means that the decisions made by the system may not accurately reflect the reality of the situation. This can be particularly problematic in IoT systems, where biased algorithms could lead to inaccurate predictions and decisions. To mitigate this risk, we must ensure that AI algorithms are transparent and free from bias by conducting regular audits and reviews, using diverse data sets to train the algorithms, and involving a diverse range of stakeholders in the development and deployment of these systems. Additionally, organizations must ensure that they have processes in place to identify and address bias as it emerges, and that they are open to feedback from users to improve the accuracy and fairness of the systems over time.
The integration of AI and IoT has the potential to transform many industries, and Webee is committed to developing responsible and ethical solutions that prioritize user privacy and security and it is also committed to leveraging these technologies to create smarter, more efficient systems. It is essential that organizations work collaboratively with industry partners and stakeholders to ensure that AI and IoT technologies are developed responsible in a way that benefits everyone.
Looking to improve your company's productivity? Take the next step and explore what Webee can offer to leverage technology and enhance your productivity. Let's chat!
As the world moves towards a more sustainable future, businesses are increasingly recognizing the importance of integrating ESG (Environmental, Social, and Governance) principles into their operations. These three factors are used to measure the sustainability and ethical impact of a business. Meanwhile, The Internet of Things (IoT) has revolutionized the way we live and work, enabling us to connect, monitor and manage devices from anywhere in the world.
A recent research by Inmarsat “Accelerating sustainable action through the Internet of Things (IoT)” highlights the intersection of IoT and ESG, revealing that IoT applications most closely associated with ESG, such as asset tracking, environmental monitoring, and supply chain optimization, are now set for huge growth. In fact, the report predicts that the market for ESG IoT solutions will grow from $1.8 billion in 2020 to $11.3 billion in 2026.
Webee's track and trace solution is one of many examples of how IoT can positively impact ESG factors with cost-effective solutions that prove their ROI almost immediatly. By using IoT sensors, businesses can monitor the movement and location of their assets in real-time, optimizing their supply chain and reducing waste and emissions. This not only helps companies meet their ESG goals but also leads to cost savings and increased operational efficiency.
Even as companies acknowledge their ESG responsibilities, barriers to entry have always been a deciding factor in delaying such decisions. With that in mind, the Inmarsat research highlights the importance of connectivity for IoT solutions, as it enables the transmission of data from IoT sensors and devices. Webee's IoT platform is designed with connectivity in mind, supporting a wide range of communication protocols and devices. For example, LoRaWAN's wireless, long-range connectivity and low power consumption combined with Webee's flexible solution can support a large number of devices over a wide area with low power consumption, making it ideal for massive IoT deployments, eliminating the need for expensive wiring and minimizing intrusion into an operation’s day to day
In conclusion, the intersection of IoT and ESG represents a significant opportunity for businesses to achieve sustainable growth while making a positive and sustainable impact. As the market for ESG IoT solutions continues to grow, businesses must stay ahead of the curve by adopting sustainable practices and embracing the potential of IoT to positively impact their operations.
Webee is committed to delivering scalable, energy-efficient, and secure IoT solutions that enable our customers to meet their ESG goals. Our team of experts is ready to answer any questions you may have and show you how our solutions can help you achieve your ESG goals. Don't wait, schedule your demo now and take the first step towards a more sustainable future.
LoRaWAN is a low-power, wide-area networking (LPWAN) protocol that has gained significant traction in the Internet of Things (IoT) industry. It operates on unlicensed radio frequencies, allowing low consumption and long-range connectivity that make it a cost-effective and reliable option for remote IoT devices.
As we strive to provide the best IoT solutions we focus on helping organizations develop robust IIoT solutions that are also cost-efficient and help them measure ROI from the get-go. To achieve that, we leverage LoRaWAN technology in various use cases to provide real-time insights into operations. Our LoRaWAN-based solutions enable businesses to connect IoT devices, analyze data in real time, and make informed decisions based on the insights gained in a cost-effective and seamless way. Webee's user-friendly platform combined with easy connectivity of LoRaWAN built-in network server makes it easy for businesses to manage IoT devices while supporting a wide range of sensors, enabling businesses to customize their IoT solutions to meet their specific needs.
The LoRa Alliance is a non-profit association that promotes and develops the LoRa standard. With more than 500 member companies, the Alliance Working Groups allow organizations to work together to create open standards for secure and scalable IoT deployments in various business verticals, ensuring interoperability and compatibility between devices from different vendors.
Another industry that can benefit from LoRaWAN technology is in the utilities industry. With Webee's LoRaWAN-based solutions, utility companies monitor and manage infrastructure in real time, reducing downtime and improving the efficiency of their operations. By using IoT sensors and LoRaWAN technology, the companies can detect potential issues in their infrastructure such as energy, air quality, moisture, among others before they become major problems to address them proactively and prevent costly maintenance.
As we continue to witness the world of IoT rapidly evolving and organizations embracing technology as part of their cultural change, technologies like LoRaWAN can be a game changer in the way organization approach innovation.
If you're interested in learning more of what this technology can do for you and are looking to leverage the benefits of LoRaWAN-based solutions consider taking the next step and exploring what Webee can offer.
We leverage the benefits of LoRaWAN technology, providing real-time monitoring and analytics for a wide range of industrial applications. By integrating with enabled sensors, Webee's platform can easily scale IoT deployments and unlock new insights and efficiencies for businesses.
The Internet of Things (IoT) has become a game-changer in the business world, transforming the way companies operate and enhancing efficiency across various industries.
We asked our Sales Director, Kirk Appleford, to share his unique perspective on the industry, as he has been an IoT pioneer for over two decades. Kirk's extensive experience and insights are invaluable assets in this rapidly evolving market. In this interview, he will discuss the challenges that agro-industrial companies face and how technology can help them reduce costs and optimize their operations if they overcome their fear of new technologies.
What is your experience in the industry, and why did you get involved in IoT?
I have over 20 years of working in the IoT industry which started before it was even called the Internet of Things. Throughout my career I have developed and integrated solutions for various industries, including oil and gas, railway, and agro-industrial sectors. In the last decade, I specialized in the agro-industry and food production. I have always focused on meeting the client's needs by ensuring they get the right solution. What attracted me to IoT and specifically to a solution like Webee is its agnostic approach, providing a holistic service to the client regardless of where the data comes from. The data's value is more important than its origin, and Webee helps clients manage and extract that value. I saw how this type of technology is a game-changer in helping organizations in the areas where they need help the most. I want to help create solutions that move the needle for production companies worldwide.
What are the main challenges you find for agro industrial companies today?
There are specific challenges that companies face and these are often barriers to the market and business development. One of the most significant obstacles is the delay in implementing new technologies due to a lack of knowledge about them or the fear of integrating them into old industries that “already work”.
It takes some time for agro-industrial companies to adopt new technologies compared to other industries such as oil and gas or manufacturing. This delay can range from three to five years. Additionally, large corporations often lack the resources and knowledge to develop IoT departments, making it challenging to implement new technologies. As a result, educating them on the latest technology trends and how to implement them becomes a crucial part of our job at Webee and in the IoT industry.
Tech companies need to provide solutions that not only works but is also easy to implement and involves the front-line workers to ensure a seamless transition. If I have to list the main challenges for agro-industrial companies would be: to optimize purchases and logistics, minimize losses or waste, and focus on environmental factors such as energy efficiency and water conservation.
How do you thing technology can contribute to improving operations and reducing costs in the agro-industry?
In my experience technology can revolutionize the agro-industry by introducing intelligent decisions based on data. Many agro-industrial sectors lack technology , especially the tropical crop agro-industry, making it challenging to optimize operations and reduce costs. We need to introduce technology gradually, starting with sensors and platforms like Webee and then incorporating more complex tools. This will help farmers make data-driven decisions, such as adjusting the amount of fertilizer used, reducing waste, and improving crop yields.
How does Webee differ from other platforms on the market?
What sets Webee apart from the rest is that it is a diagnostic platform that normalizes the data. In the agro-industry, for instance, soil moisture sensors vary in their display of values from manufacturer to manufacturer. Webee ensures that the data is normalized to make everything look the same, but the most crucial aspect is not just visualization but also extracting the added value. Webee has numerous features like artificial intelligence, machine learning, and more. These are the added value that Webee provides, making it unique compared to other platforms.
While other platforms generate immediate action without human analysis and make you work with the platform, Webee works for you providing valuable insights that can greatly enhance the productivity and efficiency of industrial operations.
Webee's software solutions are designed to help businesses leverage technology and optimize their operations. If you're looking for ways to improve your company's productivity, consider taking the next step and exploring what Webee can offer.
IIoT solutions have come a long way and the market is now moving from the early adopter phase to the early majority phase. Recent research shows growing expectations among IoT users, with individual deployments expected to grow rapidly over the next few years. This means that IoT is becoming an increasingly important part of business operations.
Another issue related to scaling IoT deployments is the type of connections. Many forecasts indicate that there will be billions of connected devices, with up to 80% of these being low-cost, low-data-rate connections. In terms of wireless technologies that will be best suited for large-scale future rollouts of IoT systems, the LoRa Alliance has emphasized the importance of sustainability and energy efficiency.
Furthermore, the report highlights IoT applications most closely associated with ESG (Environmental, Social, and Governance) as examples that are now set for huge growth.
In conclusion, scaling is a significant issue for all elements of IoT solutions, and Webee understands the challenges that come with it. Webee is committed to providing scalable, energy-efficient, and secure IoT solutions that can help its customers take advantage of the opportunities presented by the rapidly growing IoT market.
If you are ready to take the next step don't hesitate to schedule a demo now.
As the world increasingly recognizes the importance of sustainability, businesses are rethinking how they operate to integrate ethical and environmentally responsible practices into their models. Kamay Ventures, backed by Coca-Cola and Arcor Group, has been actively promoting innovation in solutions that contribute to the digitalization of different stages of the production process. Last week's KamayCode summit was a fantastic opportunity for an in-depth discussion about Smart Production. The event brought together a diverse group of industry leaders to discuss the importance of sustainability in the industry. Our CEO and Founder, Lucas Funes, shared insights on the key role that sustainability plays in business operations today.
Integrating sustainability practices into a business model can feel daunting. But as our CEO noted during the event, businesses that adopt a sustainable supply chain approach not only make a positive impact on the environment but also benefit from a more efficient, cost-effective, and profitable operation. Sustainability is no longer a buzzword, but a critical component of modern business operations. It is essential to adopt a sustainable supply chain approach that integrates ethical and environmentally responsible practices into every aspect of your business.
To learn more about Webee's approach to sustainability and how we can help your business, we invite you to download our whitepaper on ESG.
Our team of experts is dedicated to helping you implement the best sustainable practices for your business, and we look forward to partnering with you on this important journey. Contact us today to schedule a demo now.
Energy efficiency management is crucial for any industrial operation. It can account for a significant portion of a company's expenses and it has a substantial impact on the bottom line. Monitoring energy usage allows companies to identify opportunities to improve their energy efficiency, reduce energy consumption, and, consequently, save on costs. Similarly, failing to forecast energy accurately can result in unplanned downtime or inadequate energy supply, leading to compromised production schedules and potential equipment damage.
Effective industrial energy monitoring provides several benefits that enhance energy efficiency, improve equipment performance, and reduce energy costs. These benefits include:
See how -in this use case a CPG company saves 15% on their energy bill on a 200 MW operation and reduces their carbon footprint by monitoring energy consumption, quality, and power factor.
The benefits of industrial energy monitoring are clear, and companies that invest in this technology will see significant returns on their investment. If you are ready to take the next step don't hesitate to schedule a demo now.
In today's rapidly evolving business landscape companies are under constant pressure to stay ahead of the competition by streamlining their operations, reducing costs, and improving efficiency. One way to achieve this is by leveraging technology to drive innovation and optimize processes. To shed light on this topic, we asked our Javier Schiavi our very own Director of Operations at Webee to share his perspective on the industry.
Javier has an extensive background in manufacturing and today, we asked him to share his experience in the industry, what led him to join a tech IIoT company , and the ways in which technology help organizations improve operations and reduce costs.
What is your experience in the industry, and what led you to join an Industrial IoT company like Webee ?
I worked for more than a decade as an Engineering lead and Maintenance Manager in various manufacturing companies and in 2013 I joined Colgate Palmolive on its manufacturing plant in Argentina as Plant Engineering Manager. My role has always been linked to operational efficiency, monitoring OEE and making sure we had the operation under control and guarantee the efficient use of resources. When I learned about Webee, I saw the how this type of technology was a game-changer helping organizations in the key area where they needed help the most. I wanted to be part of it, making sure I help create solutions that move the needle for manufacturers around the world.
What are the main challenges you find for manufacturing companies?
The main challenge has always been to produce at the lowest possible cost and in the shortest time. This also translates into avoiding losses guaranteeing the current functioning of the infrastructure. In today's rapid changing environment, is not just about the technology that you implement but also companies need to look at many other aspects such as, how easy it is to implement, how fast can that technology help your organization adapt to ever changing environments, how well it involves the front line workers amongst others.
This makes organizations consider alternatives to traditional solutions that can help them optimize purchases and logistics, and reduction of losses or waste. In multinational companies, the environmental factor (minimum use of water, energy, zero waste, etc.) becomes very important.
What is the role of technology in an industrial environment, and how can it help companies improve their operations and reduce costs?
Technology contributes by helping control some of the most important areas such as in machines and production: higher productivity, optimizing available resources, reducing materials (for example, digitizing paper forms, using QR codes, software for logistics, purchases, etc.), reducing absences due to chronic injuries or routine work (for example, implementation of COBOTs), and automating routine tasks or tasks that require heavy lifting.
Technology is a key ally to not just deliver value but also continue to transform and adapt as organizations move toward sustainability and face global challenges such as the pandemic or the supply-chain shortage.
How does Webee differ from other platforms on the market?
I think the plug & play multipurpose platform is the right unique approach, where a large number of non-intrusive wireless devices can be easily installed, allowing for the monitoring of Legacy equipment as well as the collection of data from installed sensors, data loggers, and PLCs - all of which can be managed and monitored on a single platform. This provides a 360-degree visibility of the entire company at a very low cost.
The ability to implement fast and also aggregate data points without costly implementations is key.
Technology can greatly enhance the productivity and efficiency of industrial operations which is crucial for companies aiming to reduce costs and stay competitive.
Webee's software solutions are designed to help businesses leverage technology and optimize their operations. If you're looking for ways to improve your company's productivity, consider taking the next step and exploring what Webee can offer.
Digital twin technology is a powerful tool for improving the efficiency and effectiveness of industrial processes. A digital twin is a virtual replica of a physical system or asset, which can simulate, analyze, and optimize its behavior in real time. Digital twins have the potential to revolutionize the way that industries operate, by providing insights and solutions to complex problems that were previously difficult or impossible to solve. In this post, we will explore the concept of digital twins and how Webee's software's newest release is helping businesses create, visualize, and monitor their digital twins.
What are Digital Twins?
Digital twins are virtual representations of physical assets, systems, or processes. They are created using data from sensors, cameras, and other sources of information that capture the real-time performance of the physical asset.
For example, a digital twin of a wind turbine can be used to simulate its behavior under different wind conditions, to optimize its efficiency, and minimize downtime. A digital twin of a manufacturing process can be used to simulate the impact of different variables on the quality of the product, to identify bottlenecks and inefficiencies in the process, and to optimize the use of resources.
Digital Twins in Webee's platform
Taking the wind turbine example, you’ll be able to see how quick and simple it is to create, visualize and set alerts for any asset inside of our software. Take a look at the 2-minute video that shows you the end-to-end process.
Click on "Read More" for the step-by-step breakdown:
Step 1: Creating the Asset and its basic information
To create a new asset, simply click on the “create new asset” button and fill in the basic details as shown:
Step 2: Setting up the asset’s key attributes
Here’s where we’ll define the key variables that will compose our digital twin. In this case, we’ll be monitoring Engine Temperature (ºC), Acceleration (X,Y,Z in m/S), Ambient Temperature (ºC), Ambient Humidity (%RH), and Smoke Detection (Obscuration/meter).
Step 3: Defining Data Sources
Each of the asset’s variables can come from a plethora of sources. For our use case, we will gather the data from three LoRaWAN sensors:
Step 4: Defining normal operating parameters
Once our sensors and units of measurement have been properly set up, we can quickly establish minimum/maximum operating thresholds for each variable. In this case:
Step 5: Customizing data visualization
With everything set up, a variety of visualization options are available for each variable such as different kinds of charts (line, bar, pie) as well as badges and historical log components that are readily available out of the box.
Step 6: Creating alerts
Creating alerts that can be sent out via SMS, Email or HTTP is a breeze. Set up triggers with just a few clicks and begin sending out alerts to any stakeholder immediately.
Ready to get started with Digital Twins?
With Webee's software, businesses can optimize performance, reduce costs, improve safety, and enhance productivity, unlocking the full potential of digital twin technology. Our team of experts is always ready to tackle the greatest challenges in the industry. Reach out to us for a demo today.
Effective energy monitoring is a challenge that businesses of all sizes face today. The escalating utility costs and mounting pressure for sustainability require organizations to track energy consumption and identify inefficiencies to reduce costs and minimize environmental impact.
Without real-time data on key metrics such as KWh, power factor, and energy quality, companies are forced to guess the actual production costs until the bill arrives.
In the following use case, we installed a combination of technology that focuses on measuring critical variables in real time with a non-intrusive approach. LoRaWAN sensors were used to accurately measure energy consumption, voltages, power factor, and total harmonic distortion among other variables.
See how your business can benefit from these innovative IIoT solutions for energy monitoring by checking our full use case example. Discover how to can revolutionize your energy monitoring strategy with the power of industrial IoT.
The industrial internet of things (IIoT) is revolutionizing the way industries operate, and it has a key role in increasing efficiency and the reduction of greenhouse gas (GHG) emissions.
One of its benefits is its ability to identify inefficiencies and take preventive action. By continuously monitoring equipment and processes, companies can get ahead and control where and when inefficiencies happen and reduce waste, which also leads to significant cost savings. By harnessing the power of Industrial IoT sensors, companies can optimize operations, and help prevent unplanned downtime by alerting operators to potential issues before they result in costly breakdowns.
Manufacturing organizations have been collecting data massive amounts of data for for some time now so, what's new? While this is a true fact, making sense of the data, being able to access it in real-time, and contextualizing is what truly make the difference in terms of environmental impact and efficiency. And here is where IoT (internet of things) technology makes it possible.
The benefits go beyond simple automation of processes to play a crucial role in reducing GHG emissions. By monitoring energy usage and emissions in real-time, companies identify areas to optimize the use of natural resources and reduce their environmental impact. For instance,, by optimizing equipment settings or adjusting production schedules, companies can reduce energy usage resulting in a more sustainable business.
One size doesnt fit all:
While all of this technology is changing the game and opening new possibilities for manufacturers, there are plenty of options and different approaches in the market, and while the challenges are similar, there is around 20% of the process that varies from one organization to another. Being able to customize solutions become key in efficient deployments. At the end of the day, it's not just about the technology and the machines but also transforming the process associated with it that truly makes an impact in achieving sustainability goals.
Are you ready for your next steps?
Reach out to our team so they can guide you through the process of achieving your ESG goals.
The potential of the Industrial Internet of Things (IIOT): Revolutionizing Manufacturing and Agriculture
The world of technology is constantly evolving, and the Industrial Internet of Things (IIoT) is no exception. In the past decade, IIoT has taken the industrial and agricultural sectors by storm, transforming the way businesses operate and manage their assets. From reducing costs and greenhouse gas emissions, to increasing throughput and eliminating unplanned downtime, the potential benefits of IIoT are numerous.
As companies look to the future, it's important that they thing about the right tools in place to support their growth and success. An asset intelligence platform that provides a 360-degree view of operations, while also helping to reduce costs and emissions, increase throughput, and eliminate unplanned downtime, can be a powerful solution. Transforming operations isn't a one man work only, it includes using technology to understand machines through acces to data and transform the process involving those machines. That is where substantial change happens.
The future of IIoT is bright, and businesses in the industrial and agricultural sectors will only continue to see the benefits of adopting this technology, leading to new and improved solutions. This will drive greater efficiency, cost savings, and environmental sustainability in the industrial and agricultural sectors.
By embracing the latest trends in the IIoT and leveraging innovative solutions, organizations can optimize their operations, reduce their impact on the environment, and achieve their sustainability goals.
So why wait? Unlock the full potential of your industrial operations today.
Tailor-made products, delivered fast
In the past, businesses often offered products that were designed to be suitable for a wide range of customers. However, this approach is no longer effective in today's market. Consumers now have access to more information and options than ever before. As a result, they have come to expect products that are customized to meet their specific needs and preferences.
Additionally, with the rise of e-commerce and on-demand services, customers also expect to receive their products quickly and efficiently. Therefore, businesses that want to remain competitive must be able to offer personalized products and fast delivery in order to meet the demands of modern consumers.
Closer to home: Navigating supply chain challenges in the global market
The global economy has been faced with a multitude of challenges that have put a strain on supply chains. From political instability and natural disasters to the ongoing COVID-19 pandemic, companies had to find new ways to source inputs and manufacture products closer to their consumers.
One of the main reasons for this shift is the need for greater supply chain resilience. By sourcing inputs and manufacturing products closer to their consumers, companies can reduce their dependence on long, complex supply chains that are vulnerable to disruptions. This not only helps to mitigate risk, but it also allows companies to respond more quickly to changes in demand.
However, creating a more localized supply chain is not without its challenges. Companies must navigate a complex network of regulations and tariffs, as well as find ways to work with local suppliers and manufacturers. Additionally, many companies may not have the infrastructure or resources in place to make this transition yet. Despite these challenges, companies that have set out on this path are finding that the benefits of localization far outweigh the costs.
Digital Skills: The Hidden Key Competitive Advantage in Manufacturing
Digital skills used to be the domain of a manufacturer's IT deparment. Everyone had to rely on their expertise to develop new tools, automate tasks and bring the latest and greatest in innovation to the table.
However, recent changes in the business envrionment have shifted the importance of digital skills throughout the organization. Remote work has become more common, which has increased the need for employees to be proficient in digital tools and technologies. Additionally, rising labor costs have made it more important for manufacturers to find ways to automate processes and improve efficiency.
The rise of low-code and no-code tools that enable non-technical - but digitalized - users to solve problems by themselves in a more agile and efficient manner has become a key driver of succes for manufacturers across all areas of the organization as they are able to adapt to these changes and take advantage of new technologies and decentralized decision making.
Sustainable Business in the Age of Climate- Conscious Consumers
As the impacts of climate change become more pronounced, consumers are paying closer attention to their purchasing choices and the environmental impact they have. They are looking for products and brands that are committed to reducing their carbon footprint and promoting sustainability. This trend cuts across all industries, from food and clothing to transportation and energy.
For businesses, this presents a unique opportunity. By demonstrating their commitment to sustainability, companies can set themselves apart from the competition and gain a unique advantage in the market. Not only is it a responsibility to minimize their environmental impact, but it can also drive value through better supply chain management and increased efficiency. By reducing waste and improving operations, businesses can lower costs, improve their bottom line, and boost their brand reputation.
Source: Download the IoT Signals Report directly from Microsoft here
On October 5 and 6, our CEO and Founder Lucas Funes participated in two major events in Chicago: the inaugural 1871 Supply Chain Innovation Summit by 1871 and Accenture, and the inaugural Chicago Venture Summit Future-of-Logistics by World Business Chicago.
The Supply Chain Innovation Summit by 1871 and Accenture is the first dedicated program of 1871's over-arching Industry Lab experience, which brings together early and growth stage companies with industry leaders and accelerates emerging tech businesses involved in supply chain.
There, Lucas presented our groundbreaking indoor asset tracking solution that comes to bring visibility on high valuable assets and workers alike, providing key insights into a plant’s operational efficiency while ensuring safety. This solution rounds up our 360º operational intelligence software to provide even more actionable insights to manufacturing operations.
Chicago Venture Summit is the city's flagship startup and venture capital conference. The summit connects founders with venture capital firms, investors, and Fortune 500 leaders showcasing the thriving logistics startup ecosystem, promoting it as a global destination for founders, innovators, and investors.
At the Summit, Lucas took to the stage to pitch Webee’s 360º Operational Intelligence Software that grants visibility on assets, workers, machines, processes, and utility services such as water and energy to provide AI-powered alerts and insights that help improve efficiency and sustainability for Manufacturing and Agriculture.
During the latest LoRaWAN World Expo in Paris, our founders Lucas Funes and Cecilia Flores participated in insightful discussions and panels, shared use cases and pitched in on industry critical issues, from sustainability to inclusion. Take a look at their interventions in the links below.
Looking into leveraging the power of LoRaWAN in your operation?
Our team of experts is ready to answer any questions you may have and work on solving your operation's particular challenges. Talk to us
Last week we attended the LoRaWAN World Expo 2022 in Paris. It was an incredible event that brought together the entire LoRa ecosystem.
After many years of working closely with the LoRa Alliance, it truly felt very much like meeting family, an open ecosystem doing business together and finding areas of collaboration to make IoT possible for organizations around the world.
It was an immense pleasure to meet partners and clients with whom we collaborate every day; the Azure team at Microsoft that we work with to provide the best architecture to our clients, our hardware partners, the Everynet team that is building one of the most robust open networks in the US, Semtech, and our clients that are bringing to life outstanding solutions in multiple industries.
After having spent many years in the IoT industry, we are thrilled to see that democratization is finally happening. Today, organizations don’t need to spend thousands of dollars to create IoT solutions. With the right combination of a robust LoRa infrastructure, agile software solutions and hardware, they access connectivity and collect data in areas where they never thought they could, all of it in a very agile and profitable way.
This unleashes tremendous opportunities to go beyond just connectivity to use the power of AI to build solutions with a sustainable approach.
Transforming Agriculture by Delivering Technology to Preserve Water Resources
Over-irrigation is a major issue for farms globally and understanding plant behavior and environmental conditions in real-time is critical to improving the use of natural resources and increasing efficiency for growers. Our CEO Lucas Funes showcased how we developed a solution that addresses these issues with an eye toward the future of Farm AI. We combined a Robust LoRaWAN infrastructure with Webee’s platform for easier and wider adoption across clients’ operations.
It started by connecting a weather station, water and soil moisture sensors, enabling new real-time visibility about the environment, effects of light, temperature, humidity, electrical conductivity, pH, water quantity, and CO2 levels, to manage an irrigation controller and water valves intelligently.
This long-range, wireless system allows stakeholders to avoid being physically on-site and easily schedule irrigation. Webee technology aggregates in real-time all the data from the soil, water, weather stations, tanks, irrigation controllers, workers, digital-based forms, drain and crop response to irrigation. This way, users know precisely how much water and fertilizer should be used and when crops should be watered. What’s more: irrigation controllers automatically take immediate action based on real-time soil health, weather conditions, crop genetics, and more, without the need for human intervention. With the right combination of technology and technical expertise, Smart Farming will lead to the least amount of water possible being drained and wasted while improving crop yields.
How LoRaWAN is helping Industrial Digital Transformation + Automation
CEO & Founder Lucas Funes participated in this panel, led by the LoRa Alliance Industry Working Group Chair, Daniel Quant from Multitech, together with expert guests to discuss various use cases ranging from remote locations without access to energy or connectivity and hazardous operations to the factory floor of companies of all sizes, integration challenges both technical (software interconnectivity, data normalization, cybersecurity concerns) and organizational in nature (change management, digital transformation reluctancy, resistance to adopting disruptive technologies), and sustainability goals both in terms of consumer demands as well as government and entities regulations and compliance with corporate goals, as LoRaWAN helps digital transformation and automation in the industry.
Inclusive Product Design: At the Center of a Better World
Inclusive product design principles can be applied in analytics, customer research and more. It is a strategy for discovering the unmet needs of customers and the unseized opportunity for brands. COO Cecilia Flores joined a panel about the power of inclusion in product design led by Microsoft's Sandra Lopez, LoRa Alliance CEO Donna Moore, HCL Technologies VP Rohit Sharma, and MClimate CCO & Co-Founder Violeta Mitsova.
They discussed topics that make a difference in designing products with an inclusive approach, the importance of working with teams and senior leaders across a variety of areas of a company such as product, engineering, and marketing to ensure underrepresented users feel seen and heard throughout the development process, leading to more democratic and more thorough design roadmaps, helping companies reshape their own R&D to build better products for all. The discussion also centered around how diverse backgrounds bring important perspectives into designing products with an inclusive approach.
Are you interested in learning more about any of these topics, or building IoT solutions?
Share with us your ideas and questions.
We are excited about what the future holds for IoT!
Webee has graduated from the Endless Frontier Labs 2021-2022 cohort alongside 52 ground-breaking companies! It has been an incredible journey working alongside EFL mentors, NYU Stern MBA students, and the rest of the companies selected for the Digital Tech track.
Endless Frontier Labs (EFL), a program for early-stage science and technology-based startups at New York University Stern School of Business, is structured to optimize each startup’s chance of scaling into a successful company through a goals-based mentoring process. EFL mentors are experienced entrepreneurs who have built and exited successful companies, world-renowned scientists and technical experts, and well-known venture capital and angel investors.
Over nine months, EFL mentors work with admitted founders to set goals for the startups to accomplish and act as an informal advisory board to guide founders on how best to scale their businesses. Startups making progress are able to attract financing from investors in the program.
Consistent with its mission as a non-profit, EFL is a founders-first program and charges no equity or fees from participating startups. No NYU affiliation or relocation to NYC is required to participate. The program is appropriate for founders from around the world seeking deep connections to the thriving New York ecosystem or U.S. markets.
“Our mission is to bridge the gap between science and markets. We believe business strategy, validation by scientific peers, and connections to investors are critical for the successful commercialization of scientific breakthroughs. To that end, EFL provides founders access to an unparalleled network of business coaches, scientists, investors, and Stern MBA students to help transform their ideas into high-growth businesses,” said NYU Stern Professor Deepak Hegde, Founding Director of EFL.
More About EFL
Endless Frontier Labs (EFL) is a nine-month program at NYU Stern for early-stage science- and technology-based startups. The program admits Seed-stage startups from across the world (no NYU affiliation required). At the EFL, participating startups receive mentorship from an elite group of mentors including exited entrepreneurs, investors, and scientists. In just three years,
SXSW is the essential destination for global professionals, featuring sessions, music and comedy showcases, film screenings, exhibitions, professional development, and a variety of networking opportunities.
At the event in Austin, TX this past edition, our COO and Co-Founder Cecilia Flores shared a panel named “The $5T Opportunity: Gender Parity in Tech” to discuss the importance of gender inclusion and equality in tech. The panel featured female founders, Maria Luisa Pineda CEO at Envisagenics, and Michelle Zhu, CEO at Huee and M12’s Priyanka Mitra as moderator.
The discussion covered important challenges that the industry is facing, and here are the key points that were part of the conversation:
As the panel came to a close and each participant delivered their final remarks, Cecilia said: “There is still a long way to go, but I’m hopeful that as we discuss this topic further, people will educate themselves around biases and we will all raise our awareness to reach equality”.