Technology
Projections indicate that 40% of organizations expect to increase Internet of Things (IoT) spending in the next fiscal year. This tells us that it’s quickly becoming a crucial component within the industrial machinery industry. Knowing that this is a clear path for companies who want to accelerate their own digital transformation, getting started can seem daunting. Where should an organization even begin?Understanding the benefits to production capacity and the reduction of energy consumption is a good start. Taking small steps along the road like incrementally increasing machine connectivity serves as a motivating and daily reminder of the benefits business can leverage to their advantage. Within the collection of so much data lies limitless potential.In today’s episode, Jörg Ludwig continues the conversation with Heiko Dickas, team leader of the digitalization team, and Sebastian Oeder, the head of the production unit main motors, both from Siemens Bad Neustadt, an electric motor factory in Bad Neustadt an der Saale, Germany. Also with us today are Portfolio Development Manager, Colm Gavin, and Head of PreSales and Solution Design, Matthias Lutz.Today’s discussion centers around how the industrial IoT can help companies with today’s complex challenges within manufacturing. You’ll hear why getting started is less about fancy analytics and more about machine connectivity, and how we can ensure customers that their data is not only safe, but remains confidential.Some Questions Asked:Where should companies start with digitalization? (2:22)What are the differences between an edge implementation and doing so on the cloud? (6:10)How has industrial IoT improved your factory? (13:38)What You Will Learn:A common misconception about implementing digitalization (3:47)The surprising amount of data that you could be collecting (7:37)What customers really mean when they talk about security (10:00)Resources:Survey: Foundation, Eclipse. “The Eclipse Foundation Releases IoT Commercial Adoption Survey Results.” The Eclipse Foundation, www.eclipse.org/org/press-release/20200310-iot-commercial-adoption-survey-2019.php. Article: “Digital Transformation at Scale for Industrial Products.” IBM, www.ibm.com/thought-leadership/institute-business-value/report/transformation-industrial-products. Connect with Heiko Dickas:LinkedInConnect with Sebastian Oeder:LinkedInConnect with Colm Gavin:LinkedInConnect with Matthias Lutz:LinkedInConnect with Jörg Ludwig:LinkedIn See acast.com/privacy for privacy and opt-out information.