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Are you struggling to choose between a Manufacturing Execution System (MES) or an Industrial Internet of Things (IIoT) platform?
The manufacturing industry is undergoing a significant shift with the increasing use of industrial automation in both process and discrete manufacturing facilities. This has put the manufacturing execution system (MES) market in a transitional period. While the MES market is expected to grow to approximately $23 billion by 2024, emerging solutions such as loT platforms, cloud-based automation solutions, and SaaS platforms are challenging its hold on the industry.
According to Garner’s 2019 MES Magic Quadrant report, loT platforms are expected to be at the forefront of the disruptive process where MES is concerned. The report further stated that by 2024, “50% of MES solutions will include loT platforms…to provide near real-time transaction management control.” This highlights the fact that both solutions are expected to work together to optimize industrial processes as we know it.
Industry 4.0 is a collaborative effort that requires the integration of multiple enterprises and cross-enterprise collaborations to achieve its full potential. The combination of MES and IoT platforms provides the necessary tools to define the future of industrial automation. While MES is currently doing an excellent job, IoT platforms will be the key enablers for execution in delivering the smart factories of tomorrow. It is essential to keep this in mind as we move forward towards a more connected and automated future.
Manufacturers need to stay up-to-date with these emerging technologies and consider incorporating them into their operations. By doing so, they can improve efficiency, reduce costs, and stay competitive in an ever-evolving industry.
With i4Twins, you can easily connect your machines, devices, and sensors, and collect real-time data to optimize your manufacturing processes. Our platform offers a variety of features including data visualization, predictive maintenance, and automated alerts to ensure that you have complete control over your operations.
Plus, i4Twins is scalable and adaptable to meet the needs of any manufacturing environment. Whether you’re a small business or a large enterprise, our platform can grow with you and provide the insights you need to stay ahead of the competition.
So, if you’re looking for a powerful and user-friendly solution to manage your manufacturing operations, i4Twins is the answer. Visit our website at i4twins.com to learn more and sign up for a free trial today!
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