- Physical component: Refers to basic mechanical product such as a car or refrigerator.
- Smart components: Includes sensors, microprocessors, data storage, controls, software, embedded operating system and digital user interface.
- Connectivity components: Ports, antennae, protocols, networks, cloud with servers and product’s external operating system.
- These three components are crucial for a smart product to function in an extra-ordinary manner by enabling smart products to:
- Monitor and report their own environmental conditions and offer insights to their current performance
- Enable users to remotely control complex operations based on their usage
- Facilitate manufacturers to apply algorithms based on existing performance and usage data (stated in above points) to improve the performance further
- Designing products embedded with right type of sensors that transmits precise performance measures in a required manner.
- Choice of right type of IoT architecture and protocol that enables manufacturer to access the data from smart products is another factor that impacts the overall performance.
About the Author
Data Scientist and Statistical Modeller
Tata Consultancy Services
Ravishankar Kandallu is a statistical modeler and data scientist within the Business Intelligence and Analytics Center of Excellence in the Manufacturing business unit at Tata Consultancy Services (TCS). He has worked on analytical modeling projects in the domains of warranty analytics, forecasting, and network optimization for high-tech, manufacturing, and consumer products industries. He has a doctorate in supply chain management from the Indian Institute of Technology (IIT) Madras. He is also a certified six-sigma green belt.