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The Internet of Things: filling the Predictive Analytics data void

how the Internet of Things will allow a new era of precision manufacturing

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The Internet of Things: filling the Predictive Analytics data void

  1. 1. The Internet of Things: filling the Predictive Analytics data void Predictive Analytics World Manufacturing Chicago 2014 W. David Stephenson Stephenson Strategies June 18, 2014 @Data4All
  2. 2. You’ve done great! @Data4All
  3. 3. .. considering how little we know!
  4. 4. Can’t interpret data you can’t get! @Data4All
  5. 5. We don’t know: When equipment will fail @Data4All
  6. 6. We don’t know: Whether there’s defect on assembly line @Data4All
  7. 7. We don’t know: Precise time we’ll need parts @Data4All
  8. 8. We don’t know: Precise time we need to resupply retailers @Data4All
  9. 9. Precision Manufacturing! @Data4All -Siemens
  10. 10. Internet of Things (IoT) Real-time data, shared in real time by everything and everyone needing it. @Data4All
  11. 11. Internet of Things: sensors @Data4All
  12. 12. Internet of Things: Ipv6 addresses @Data4All
  13. 13. Internet of Things: The cloud @Data4All Text --iogear
  14. 14. The Internet of Things: Big Data solutions @Data4All
  15. 15. Truly Integrated @Data4All
  16. 16. “Productivity gains will be insane when people automatically receive the information they need when they need it, versus having to sit in front of a monitor searching for it.” -- GE @Data4All
  17. 17. Assembly line Smart machines @Data4All
  18. 18. Assembly line Sensors in products catch defects @Data4All
  19. 19. Assembly line Automatic replenishment -- unprecedented supply chain integration @Data4All
  20. 20. Assembly line Better decision making @Data4All
  21. 21. New assembly technology - Objet @Data4All
  22. 22. GE: practicing what they preach @Data4All - GE
  23. 23. Siemens: @Data4All
  24. 24. Return to localized production -- with a difference • Unprecedented integration • Local suppliers • Mass customization @Data4All
  25. 25. Total Integration: SmartVending Machine @Data4All
  26. 26. Dramatic Impact • Cisco: 2013-22, $14.4 trillion net profit up for grabs globally • Ericsson: 50 Billion Connected Devices by 2020 • McKinsey: potential economic impact $2.7-6.2 trillion yearly by 2025 @Data4All
  27. 27. Management Challenges Will you share the data and break down silos? @Data4All
  28. 28. Management Challenges Will you break down silos? @Data4All
  29. 29. Management Challenges Will you protect privacy and security? @Data4All
  30. 30. Precision Manufacturing - time to act is now • Add sensors. • Adopt big data tools & cloud • Adopt Predictive Analytics @Data4All