The industrial revolution underway driven by the effects of changing technology, market conditions, and consumer needs is forcing companies to strive for greater efficiency in product quality and service more than ever before. Competitive advantage rests solely with those firms that embrace state-of-the-art technologies that help them drive down the cost of production right from […]
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SAP Leonardo is not just about IoT anymore. SAP has refocused it as a digital innovation system for redefining your business. That certainly makes a lot of sense, given that the next few years will be all about digitization, innovation, and business transformation. In my view, this move by SAP tacitly acknowledges the importance of […]
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It’s been about two weeks since the Hannover Fair. Now that I’m back in the office fully decompressed, it seems like a perfect time to reflect on the experience. I had two objectives while attending the fair; first, to meet with the various Product Lifecycle Management (PLM) suppliers as part of my ongoing research and, […]
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ARC colleagues and I recently returned from the Offshore Technology Conference (OTC) in Houston last week and was impressed by not just the amount of discussions centered around IIoT-enabled solutions developed or being developed and the number of VR and wearable solutions on display at many booths, but by the revelation from Havard Devold, Group […]
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Part 1 of a three part series on the impact of IIoT on OEMs and their dealerships. Remote connectivity and analytics enabled through the Industrial IoT (IIoT) offer equipment dealerships and rental companies an opportunity to grow revenues through new maintenance services. Equipment used in the construction, mining, agriculture, industrial, and transportation industries has grown […]
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I attended the Embedded Systems Conference (ESC) in Boston this week with my colleague Rick Rys. I have two main takeaways: Firstly, IIoT (at the smart edge device level) remains a major new market for the embedded systems industry. The emphasis last year at the ESC was that IoT was the natural evolution for ES, […]
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I recently had a chance to sit down with Karsten Hauschild, a Solution Manager at SAP whose focus is Enterprise Asset Management, IoT, Mobility, and GIS. We discussed how IoT is changing business models, SAP’s perspective on Digitization and Digital transformation, and SAP Leonado, Artificial Intelligence, Machine Learning, and predictive analytics. According to Hauschild, companiesare […]
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The next generation of smart connected factories will be designed and architected as a system of systems involving production systems, automated work stations, and assembly lines. This is the essence of the Industrial IoT and smart manufacturing, where there is communication between intelligent products, machines, and systems. By connecting machines to machines, people to machines, […]
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I imagine some design engineers view additive manufacturing as a blessing and a burden. A design engineer utilizes constraints – material properties, application requirements, and, of course, manufacturing limitations – to determine the fit, form, and function of a product. For many products, these three aspects of design are deeply interdependent, and as a design […]
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Cyber-attacks against critical network infrastructure can have severe consequences ranging from operational shutdowns, to damaged equipment, financial loss, and even theft of confidential information. The imminent concern has put world governments on high alert. The U.S. Department of Homeland Security (DHS) has grown weary over the growing number of cyber-attacks on industrial control networks. To […]
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Last week I had the pleasure to attend the Best Practices for Chemicals Event in Houston this year. Digital Transformation in Chemicals While there I spoke with SAP about Digital Transformation in the chemicals industry. Apparently, chemical manufacturers, particularly those focused on agri-business, paint and coatings, are leading the charge in response to acute competitive […]
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Data analytics are critical to the concept of IIoT to find those hidden gems in the mountains of data that we diligently collect. But what if we don’t have trust in what the data indicates? Asset condition monitoring and management applications have been the initial IIoT target, but are the benefits being realized? Reliance on data may represent […]
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INSIGHTS ON THE DIGITAL TRANSFORMATION OF INDUSTRY
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