Indexable inserts are cutting material carriers. The indexable insert is fixed in a corresponding tool holder and is exchangeable. Since these inserts have several cutting edges they can be turned over if one of the sides is worn down.
IoT is an abbreviation for 'Internet of Things'. This term is used to describe networks between physical objects equipped with sensors and software. This connection is used to exchange data between devices and with systems embedded over the Internet. These technologies can be used to automate and synchronize production processes.