4 reasons for IoT in machine tool manufacturing

Are you also under pressure to set up a successful digitization strategy for your machine tools? Are you looking for a way to achieve greater efficiency, lower costs, and a sustainable basis for new business models? In our whitepaper, we show you how to achieve your goals with the right IoT solution and what you can learn from the pioneers in comparable industries.

In our white paper:

With the right IoT solution, mechanical engineers can radically reduce their maintenance efforts.

Benefits

Why you too should take the leap to IoT

Increase efficiency with condition monitoring

Avoiding failures through predictive maintenance

Reduce operating costs through remote service

New digital business models

Use case

Feintool

Challenge

Feintool, a Swiss company specializing in fineblanking and forming technologies, primarily serves the automotive industry. A single press for clutch components produces around 100 million parts annually. To minimize downtime and enable remote service capabilities, Feintool sought a suitable IoT solution.

Solution

The solution came in the form of FEINmonitoring, a web-based monitoring and analytics platform implemented and brought live by Device Insight within just a few months. It enables Feintool’s service technicians to access the system globally, analyze data, and manage machines remotely – making routine inspection rounds a thing of the past.

"It’s essential to choose an IoT solution that truly fits your requirements. The technology must be precisely tailored to your specific use case – there is no one-size-fits-all approach in IoT. Your IoT provider should also be familiar with the market and industry requirements in machine tool manufacturing and contribute concrete experience from previous projects."

Marten Schirge

Managing Director, Device Insight

Mechanical engineering change

Machine tool manufacturers are under increasing pressure: machines need to be utilized more efficiently, downtime must be minimized, material flows optimized, and administrative order processing automated. At the same time, there is the ongoing challenge of reducing operating costs while improving production efficiency. The good news: all of this can be achieved with the right IoT software solution. Up to 75% less maintenance effort and 30% less downtime – these results are within reach, as we demonstrate in our white paper using real customer examples.