Q&A with Contec In March 2019, Contec joined over 250 industry peers to exchange ideas around the impact of market dynamics and new technologies for current and future manufacturing, operations and supply chain leaders. Ryan Legg, VP of Industrial Solutions at Contec Americas, presented on the Strategy. His discussion focused on effective data that can enhance productivity coming from legacy technology; connecting legacy systems to Industry 4.0 deployments; and examples of legacy system connectivity. Ahead of the American Manufacturing Summit 2019, we spoke with Ryan to discuss technology in the manufacturing industry. In this Q&A, we examine Contec’s solutions; how manufacturers can leverage IoT to reduce cost, enhance efficiency and increase bottom line; and what the manufacturing landscape will look like in 5-10 years. Here is an excerpt from the Q&A we did with Ryan Legg: “How can manufacturers leverage IoT to reduce cost, enhance efficiency and increase bottom line? IoT can mean many things to different people. While we use the term IoT – which technically translates to Internet of Things – the concept is really about connectivity and visibility, whether you have a system that is truly connected to the Internet or an on-prem system. Value can be realized with both approaches. Collecting and analyzing data allows an organization to gain visibility where they did not have it before. A manufacturer may discover previously unknown bottlenecks in their process or that throughput is slowing on one particular shift. They …
Read More →The Medical Internet of Things (MIoT)
The Internet of Things (IoT) has emerged as something of a phenomenon in the last few years. The concept has become so popular that its impact is being felt across many industries. The healthcare industry is no exception. It is playing a leading role in this transformative process. Five years ago, the medical connectivity market was largely insignificant but has caught up rapidly. The market is expected to grow an astounding CAGR of 38% until 2020 by adopting the capabilities of the IoT. This intense growth is due to the increasing connectivity of medical devices and personal health tracking devices on the market, leading to an explosion in healthcare big data. Medical equipment, personal health and fitness trackers collect terabytes of data each day, most of which goes unutilized. In the future, the application of advanced analytics to healthcare ‘big data’ will have far-reaching implications on the industry overall, with the global healthcare analytics market expected to reach $20.8 billion by 2020.
Read More →Averna’s Q&A Ebook: How the Internet of Things is Transforming the Medical Device Industry
The ‘Internet of Things’ is transforming the medical world, allowing more patients to be looked after using real time data. Combining Wi-Fi and Bluetooth capabilities with current technology is allowing for a faster, more resourceful and satisfying experience for both patients and employees. With the Internet of Things(IoT) reinventing the technological landscape so rapidly, companies are struggling to keep up with the latest innovations. Companies must now test the wireless capabilities of all their medical devices to ensure their products feature seamless connectivity. With more tests being conducted and the rise of IoT, competing companies have introduced robots to automate processes in order to reduce costs. Robotic-driven production has become more economical, as robots can perform routine tasks without fatigue at a faster pace. So, how can OEMs in the medical world stay ahead of their competition with all this technological development? One way is to work with a company that excels at Design for Test (DFT) and design for manufacturing (DFM). Companies can also capture and analyze up-to-date test data. For more ways to stay ahead of the competition despite the constant changes in technology and for a deeper understanding of IoT and its impact on the medical device industry, read Averna’s Q&A Ebook here. Averna is a worldwide Test & Quality leader. Their talented team includes hundreds of engineers, system architects, developers, project managers and other professionals, as well as a network of partners such as National Instruments, Keysight Technologies …
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