Communication Feature

INTERNET OF THINGS: MONITORING, TRACKING AND TRACEABILITY FOR MAXIMIZING

PROFITABILITY

The Industrial Internet of Things ( IIoT) is the engine that will drive productivity over the next
decade. The internet of things revolution that started in the beginning of this decade is
expected to connect over a billion industrial devices to the internet by 2020. IIOT is aimed at
helping industrial customers significantly improve their asset utilization through data driven
decision making. IIOT solutions help customers gain complete visibility about their assets. IIOT
solutions give answers to questions that are on the priority list of large asset owners.
Questions such as: How many assets do I have? Where are they located? Am I using them
effectively? How much energy are they consuming?
Globally, large fleet owners have deployed IIOT solutions and have improved their asset
utilization by over 20%.

Kloudq is one of the pioneers in this field in the Indian market and has developed a range of
solutions that cuts across industry segments. Kloudq Technologies' co-founder, Mr. Rajesh
Phadke shared his thoughts, "Data is gold of the future. IIoT and the data from connected
devices are transforming the way companies and customers interact—with benefits to both.
IIoT Is Shaping the Future of Customer Experience and Product Development." Mr. Phadke
added, at Kloudq technologies', motto is "Digitizing Business" and we truly believe "Our
customer's customer is our real customer". Thereby our digitizing solutions covers the last
mile of the value chain and not just the enterprise.

IIOT adoption in India is at an inflexion point now. The real challenge has been the
implementation cost of an IIOT solution and the compatibly of IIOT devices with a variety of
industrial equipment. Most IIOT solutions available today are tailor made for an equipment
and need a large amount of customization. Kloudq has a platform of products that address
these challenges. Two products, KloudGPAT and KloudEMS are universal products that can be
fitted on almost any equipment. The products have a ready to use application that can keep
track of assets and fuel consumption at a click of a button.

Mr. Aditya Paranjpe, Head-IOT, Kloudq Technologies stated that, " Traditionally IIoT solutions
have helped OEMs connect the dots for better and seamless customer experience, gain faster
insights and enable service engineers to be more prepared in detecting problems. The trend is
now shifting towards asset owners who want to maximize their productivity. The aim of any
robust IIOT solution is simply to reduce the number of assets needed in a process. If I need 30
machines for a job today, I should be able to do it in 25 machines tomorrow. IIOT solutions
also help address issues related to pilferage. If I know how much energy or diesel my assets
should have consumed and I compare it with how much they are actually consuming I am
able to know for sure something is not right in my plant.”