Legacy factory equipment (manufacturing machines with no built-in data collection mechanism) presents a significant challenge when it comes to manufacturing data, particularly for companies that want to calculate OEE. That most basic of all manufacturing metrics isn’t the only reason manufacturing companies are eager to make older equipment IoT-compatible. Capturing the right data can transform manufacturing operations: it eases the disconnect between the factory and business processes, eliminates the lag time for management to access, analyze, and act on data, and resolves problems with planning, inventory control, the supply chain, and meeting customer expectations.
