Medical Device Manufacturers and OEMs face a variety of challenges due to the unique, non-commoditized products they manufacture as well as strict regulatory guidelines they must abide by. Historically, lean practices have been adopted to drive efficiency. However, rising competition has given way to advanced strategies complemented by Industry 4.0 technology.

This growing concept of digital transformation provides a greenfield opportunity for Medical OEMs to solve complex obstacles as they work towards maximizing shop floor operations.

In "The Digital Transformation of Medical OEMs" we document the current challenges that Medical OEMs face, and discuss how they can use the Industrial IoT to build digital transformation strategies including:

• Monitor equipment performance for developing proactive maintenance policies and improving product quality and capabilities.
• Aggregate and analyze data to help medical device manufacturers optimize machine utilization.
• Deliver or integrate actionable insight into factory operations and workflows.
• Integrate both available and upgraded industry standards into workflows and produced equipment.
• Enable the creation of new revenue streams to support small or declining profit margins.