Internet of Manufacturing
Technology leaders, business strategists, and product innovators from manufacturers across the globe gathered together a few weeks ago at the Internet of Manufacturing event based on the shores of Lake Michigan in Chicago, IL. The event presented valuable opportunities to learn, network and discuss challenges and trends in IoT for the Industrial sector. Key themes at the event were digital transformation, changing customer expectations, workforce demographics, connectivity opportunities and revenue growth.
Challenges for Industrial IoT
There is a lot that goes into digital transformation and adopting IoT within the Industrial space. To make a successful shift from traditional thinking (decisions with certainty, 5-year plans, success at all cost) to digital thinking (calculated risks, failing smart, and agile thinking) takes time and buy-in from the entire organization.
New innovative use cases such as autonomous shop floor drones, cobots, AI-based predictive maintenance, AR/VR/MR for training and field support, and blockchain based supply chain are fuel for smarter business. Manufacturers can collect and utilize data (that was obsolete before IIoT) to make better decisions for the organization, reduce production & training costs, decrease risks of injury, and allow for greater focus on value and improved customer experiences.
Patterns of IoT Success
This digital transformation age for IIoT is affording countless lessons. Trends of success are emerging with clear & aligned objectives, repeatable innovation,…