The perception of tomorrow's industry manufacturing: Fourth Industrial revolution. It has been determined as the fully-integrated manufacturing systems that react in real time to developing demands in the factory.
How the Internet of Things can impact on your Business Productivity ?hakuna matata solutions
Compared to legacy models of asset management, IoT powered asset management is cheaper, faster and better – Is the IoT Really Boost Productivity?. Let’s see how?
The construction industry, which has long been heavily reliant on manual labour, is undergoing digital transformation at an accelerated rate. Here is how the industry is being transformed by technology.
#MaintainMomentum #Construction Industry #Management #Business #ManagementConsulting #ChangeManagement #MaintainMomentum
How to answer the challenges of industrial IoT?Dieter Laevers
If you want to talk to the author Dieter Laevers, take your chance and meet him at Smart Industries in Paris, December 6-9.
Inquire for a personal meeting / demo here: www.event.movilitas.com
Connected Retail: The Business Case for IoT in RetailOliver Guy
IoT (Internet of Things) has a lot of promise for retailers over the next few year. Estimates run into the hundreds of billions of dollars of annual impact by 2025. But building an ROI is difficult. How do you get value now?
Even though e-commerce is driving quick sales growth, brick and mortar is still the major player in retail industry. According to the survey by TimeTrade, 85% of consumers still prefer to shop in-store. And there are more than 20 online retailers have opened physical stores. It's time for retailers to rethink their omnichannel strategies with store transformation.
The Internet of Things is revolutionizing retail store operations. With the connected devices and sensor data, retailers can receive real-time information of both physical and digital worlds. They can use these insights to offer timely and personalized customer services, make better operational decisions, and secure merchandising and supply networks. Learn about how can IoT provides new opportunities and values for retail business and start your IoT journey with The Honeywell Building Sense.
For more information, visit ibm.com/iot/retail
How the Internet of Things can impact on your Business Productivity ?hakuna matata solutions
Compared to legacy models of asset management, IoT powered asset management is cheaper, faster and better – Is the IoT Really Boost Productivity?. Let’s see how?
The construction industry, which has long been heavily reliant on manual labour, is undergoing digital transformation at an accelerated rate. Here is how the industry is being transformed by technology.
#MaintainMomentum #Construction Industry #Management #Business #ManagementConsulting #ChangeManagement #MaintainMomentum
How to answer the challenges of industrial IoT?Dieter Laevers
If you want to talk to the author Dieter Laevers, take your chance and meet him at Smart Industries in Paris, December 6-9.
Inquire for a personal meeting / demo here: www.event.movilitas.com
Connected Retail: The Business Case for IoT in RetailOliver Guy
IoT (Internet of Things) has a lot of promise for retailers over the next few year. Estimates run into the hundreds of billions of dollars of annual impact by 2025. But building an ROI is difficult. How do you get value now?
Even though e-commerce is driving quick sales growth, brick and mortar is still the major player in retail industry. According to the survey by TimeTrade, 85% of consumers still prefer to shop in-store. And there are more than 20 online retailers have opened physical stores. It's time for retailers to rethink their omnichannel strategies with store transformation.
The Internet of Things is revolutionizing retail store operations. With the connected devices and sensor data, retailers can receive real-time information of both physical and digital worlds. They can use these insights to offer timely and personalized customer services, make better operational decisions, and secure merchandising and supply networks. Learn about how can IoT provides new opportunities and values for retail business and start your IoT journey with The Honeywell Building Sense.
For more information, visit ibm.com/iot/retail
The Impact of Internet of Things (IoT) in Manufacturing TodaySuyati Technologies
Considered as the most significant technology initiative of the decade - IoT is predicted to add $10-$15 trillion to the global GDP in the next two decades. Companies like Siemens and Cisco have already embraced IoT in their manufacturing plants. The infographic here talks about the advantages of having IoT in the manufacturing industry. Find out more
Reach us at:services@suyati.com
When a manufacturer implements smart manufacturing, the goal is often to streamline production. But smart manufacturing uses an array of different tools and processes to get the job done. To help you understand how it works, here are 5 smart manufacturing terms to know.
Leverage IoT to Setup Smart Manufacturing SolutionsSoftweb Solutions
The Internet of Things (IoT) is now to involve in manufacturing unit to deliver and enhance the productivity of companies through smart factory concept. It gives full business insights of manufacturing process and deliver data on their devices. View more at - http://www.softwebsolutions.com/iot-manufacturing-solutions.html
MT84 IoT and Smart Manufacturing InnovationsDell EMC World
The Internet of Things (IoT) is a critical element of smart manufacturing as manufacturing equipment and products are being connected to the internet, giving manufacturers the ability to gather and use new data to predict equipment failure, increase product quality and transform operations. IT organizations are increasingly involved with the management, security and governance of this data. Using real-world customer examples, this session will provide a practical framework for evaluating a path forward regarding sensor enablement, transaction processes and analytics.
As everything becomes connected—from exploration
technology to drilling equipment to offshore platforms,
conveyor belts, and refineries—businesses that apply
AI to IoT data will win. They will extract valuable
insights to improve virtually every aspect of their
operations and enable innovative, new business models.
Ensure your business is capitalizing on this with IBM's
IoT solutions powered by Watson.
http://www.ibm.com/events/2018/GoTHouston
IBM Embracing IoT in the era of Cognitive Buildings PoVCarl Allen
The document discusses the emergence of cognitive buildings enabled by the Internet of Things and cognitive platforms. Cognitive buildings can autonomously integrate IoT devices, learn system and user behavior to optimize performance, provide insights through data analytics, learn and reason to interact with humans, and act to deploy changes to operations. This allows buildings to think and respond in a cognitive manner. The document outlines prerequisites for cognitive buildings and how organizations can prepare for and leverage the new possibilities of this era.
Mike Killian from Cisco was in attendance at Next Dimension to discuss IoT, IT/OT Convergence, and all things Smart Manufacturing. This presentation showcases the impact of Smart Manufacturing strategies as implemented across Cisco's supply chain.
Monetization Strategies For The Internet Of Things eCornell
Learn how "The Internet of Things" and the tidal wave of customer data can positively impact your service, grow revenue and increase profit potential.
In this presentation Tom Dibble, President and CEO of Aria:
-Highlights shifts in monetization models and recurring revenue
-Discusses "The Internet of Things" and emerging opportunities in customer data
-Shows you how a finance department with an agile billing system can maximize service, revenue and profit potential by leveraging their back-end monetization systems.
Will you be ready to exploit the revenue opportunities that come from 26 billion interconnected devices and the tidal wave of ensuing data?
Accelerated adoption of Internet of Things (IoT) with In-network computing an...Infosys
In-network computing gives you the ability to compute at a particular point in the network where it can deliver maximum value. This opens new avenues of how applications and services are conceptualized or implemented, harvesting the benefits of distributed computing. In-network computing has significant benefits for the network infrastructure as it improves latency for end user/ devices while it also reduces the network traffic to a great extent. Emerging technologies like IoT and its application can immensely benefit by using In-network computing technology in conjunction with cloud technologies.
Digital Transformation in Manufacturing - A Whitepaper by RapidValue SolutionsRapidValue
This whitepaper aims to answer some of the common questions around digital transformation specifically for the business leaders in the manufacturing industry. Because of the role that technology plays today in a organization's ability to evolve, business leaders must lead their organizations through this era of digital transformation.
For the world’s retailers, the journey towards omni-channel is unstoppable. A consistent customer experience across channels enabling customers to buy what they want, when they want it with completely streamlined and error-free processes—simply hasn’t happened yet.
While it is very difficult to determine how long it will take to arrive at the “omni-channel dream,” it is possible to identify specific points, or milestones, along the journey. And here are three that we consider to be particularly important.
This document discusses how technology is transforming supply chains and the need for companies to adopt digital solutions. It outlines challenges in the food supply chain like visibility, integration and flexibility. It then discusses how Industry 4.0 and the industrial internet of things are connecting physical assets through sensors and data. The document promotes Cognizant's asset performance excellence platform, which provides a single view of enterprise data through analytics to improve maintenance and operations. Benefits include enhanced productivity, predictive maintenance, and optimized equipment effectiveness.
Information sharing is a major challenge in SCM due to the geographical spread of partners and monumental paper work involved across countries and regions. Digitisation impacts the flow of goods, funds and information. It is at the threshold of introducing the Smart Factory where all flows are automated. How relevant are these technologies for India? What can be the Smart Approach for India in sequencing the adoption of these technologies? We present a suggested approach here.
Industrial Internet of Things (IIoT) for Automotive Paint Shop OperationsRam Shetty
This document discusses the Industrial Internet of Things (IIoT) and its applications in paint shop operations. It provides perspectives from industry analysts, technology providers, and manufacturers on how IIoT can connect information silos and extract business value. The author defines IIoT as integrating processes, industrial automation, and IT systems to continuously improve operator skills across the value chain. Examples of IIoT in paint shops include prognostics/diagnostics for painting robots and energy/environmental management. The discussion focuses on how IIoT can empower workers and amplify human capabilities rather than deskilling labor.
The document discusses the transition to smart manufacturing, also called Industry 4.0, in the UK. It notes that the UK lags behind countries like Germany in adoption of industrial robots. Embracing smart manufacturing technologies could boost UK competitiveness and productivity. However, there is a skills gap as many UK companies lack experience with robotics that prevents greater adoption. Bridging this skills gap through training programs and making robots easier to use are seen as key to driving increased adoption of smart manufacturing in the UK.
Industrial Internet of Things by Edy Liongosari of Accenturegogo6
The document discusses the Industrial Internet of Things (IIoT) and its potential benefits. It notes that the IIoT involves intelligent industrial products, processes and services communicating over networks. Trillions of dollars in benefits are possible from the IIoT through improved operational efficiency, new products/services, and an outcomes-based economy. Realizing these benefits will require connected ecosystems and platforms to aggregate and utilize data to create new value-added services. The most transformative impacts will be the emergence of an outcomes economy and tight integration of digital and human labor.
Wind River has developed technology to connect thousands of existing legacy edge devices in the field to enterprise systems like Salesforce, resolving a major challenge companies face in integrating IoT. Their solution provides an end-to-end view that links the edge device and operating system, connectivity layer, gateway, cloud applications, and enterprise systems. This pre-integrated solution dramatically reduces development time and allows companies to focus on using IoT data to drive business model innovation and new revenue streams, like usage-based services.
A look at how cognitive computing is driving new productivity and gains in the manufacturing industry. TO learn more: http://www.ibm.com/internet-of-things/iot-solutions/connected-manufacturing/
industrial IoT can monitor critical machineryDan Yarmoluk
This document discusses how the Industrial Internet of Things (IIoT) can help manufacturers monitor critical machinery to improve efficiency and reduce costs. Key points:
1) The IIoT connects industrial systems and uses data analytics to enable predictive maintenance and minimize downtime.
2) Sensors can monitor things like pumps, valves, inventory levels and send real-time alerts about performance issues before failures occur.
3) This predictive maintenance and visibility into operations helps reduce costs, maximize productivity, and improve customer service by preventing production delays.
The document discusses smart manufacturing and its key enablers. It describes how smart manufacturing utilizes technologies like big data analysis, industrial IoT, blockchain, robotics, and digital twins to optimize manufacturing processes. A smart factory is presented as the vision of highly automated production facilitated by cyber-physical systems and the exchange of digital information. The advantages of smart manufacturing include increased productivity and efficiency through predictive maintenance and flexibility, while the main disadvantage is the upfront cost of implementation.
The Impact of Internet of Things (IoT) in Manufacturing TodaySuyati Technologies
Considered as the most significant technology initiative of the decade - IoT is predicted to add $10-$15 trillion to the global GDP in the next two decades. Companies like Siemens and Cisco have already embraced IoT in their manufacturing plants. The infographic here talks about the advantages of having IoT in the manufacturing industry. Find out more
Reach us at:services@suyati.com
When a manufacturer implements smart manufacturing, the goal is often to streamline production. But smart manufacturing uses an array of different tools and processes to get the job done. To help you understand how it works, here are 5 smart manufacturing terms to know.
Leverage IoT to Setup Smart Manufacturing SolutionsSoftweb Solutions
The Internet of Things (IoT) is now to involve in manufacturing unit to deliver and enhance the productivity of companies through smart factory concept. It gives full business insights of manufacturing process and deliver data on their devices. View more at - http://www.softwebsolutions.com/iot-manufacturing-solutions.html
MT84 IoT and Smart Manufacturing InnovationsDell EMC World
The Internet of Things (IoT) is a critical element of smart manufacturing as manufacturing equipment and products are being connected to the internet, giving manufacturers the ability to gather and use new data to predict equipment failure, increase product quality and transform operations. IT organizations are increasingly involved with the management, security and governance of this data. Using real-world customer examples, this session will provide a practical framework for evaluating a path forward regarding sensor enablement, transaction processes and analytics.
As everything becomes connected—from exploration
technology to drilling equipment to offshore platforms,
conveyor belts, and refineries—businesses that apply
AI to IoT data will win. They will extract valuable
insights to improve virtually every aspect of their
operations and enable innovative, new business models.
Ensure your business is capitalizing on this with IBM's
IoT solutions powered by Watson.
http://www.ibm.com/events/2018/GoTHouston
IBM Embracing IoT in the era of Cognitive Buildings PoVCarl Allen
The document discusses the emergence of cognitive buildings enabled by the Internet of Things and cognitive platforms. Cognitive buildings can autonomously integrate IoT devices, learn system and user behavior to optimize performance, provide insights through data analytics, learn and reason to interact with humans, and act to deploy changes to operations. This allows buildings to think and respond in a cognitive manner. The document outlines prerequisites for cognitive buildings and how organizations can prepare for and leverage the new possibilities of this era.
Mike Killian from Cisco was in attendance at Next Dimension to discuss IoT, IT/OT Convergence, and all things Smart Manufacturing. This presentation showcases the impact of Smart Manufacturing strategies as implemented across Cisco's supply chain.
Monetization Strategies For The Internet Of Things eCornell
Learn how "The Internet of Things" and the tidal wave of customer data can positively impact your service, grow revenue and increase profit potential.
In this presentation Tom Dibble, President and CEO of Aria:
-Highlights shifts in monetization models and recurring revenue
-Discusses "The Internet of Things" and emerging opportunities in customer data
-Shows you how a finance department with an agile billing system can maximize service, revenue and profit potential by leveraging their back-end monetization systems.
Will you be ready to exploit the revenue opportunities that come from 26 billion interconnected devices and the tidal wave of ensuing data?
Accelerated adoption of Internet of Things (IoT) with In-network computing an...Infosys
In-network computing gives you the ability to compute at a particular point in the network where it can deliver maximum value. This opens new avenues of how applications and services are conceptualized or implemented, harvesting the benefits of distributed computing. In-network computing has significant benefits for the network infrastructure as it improves latency for end user/ devices while it also reduces the network traffic to a great extent. Emerging technologies like IoT and its application can immensely benefit by using In-network computing technology in conjunction with cloud technologies.
Digital Transformation in Manufacturing - A Whitepaper by RapidValue SolutionsRapidValue
This whitepaper aims to answer some of the common questions around digital transformation specifically for the business leaders in the manufacturing industry. Because of the role that technology plays today in a organization's ability to evolve, business leaders must lead their organizations through this era of digital transformation.
For the world’s retailers, the journey towards omni-channel is unstoppable. A consistent customer experience across channels enabling customers to buy what they want, when they want it with completely streamlined and error-free processes—simply hasn’t happened yet.
While it is very difficult to determine how long it will take to arrive at the “omni-channel dream,” it is possible to identify specific points, or milestones, along the journey. And here are three that we consider to be particularly important.
This document discusses how technology is transforming supply chains and the need for companies to adopt digital solutions. It outlines challenges in the food supply chain like visibility, integration and flexibility. It then discusses how Industry 4.0 and the industrial internet of things are connecting physical assets through sensors and data. The document promotes Cognizant's asset performance excellence platform, which provides a single view of enterprise data through analytics to improve maintenance and operations. Benefits include enhanced productivity, predictive maintenance, and optimized equipment effectiveness.
Information sharing is a major challenge in SCM due to the geographical spread of partners and monumental paper work involved across countries and regions. Digitisation impacts the flow of goods, funds and information. It is at the threshold of introducing the Smart Factory where all flows are automated. How relevant are these technologies for India? What can be the Smart Approach for India in sequencing the adoption of these technologies? We present a suggested approach here.
Industrial Internet of Things (IIoT) for Automotive Paint Shop OperationsRam Shetty
This document discusses the Industrial Internet of Things (IIoT) and its applications in paint shop operations. It provides perspectives from industry analysts, technology providers, and manufacturers on how IIoT can connect information silos and extract business value. The author defines IIoT as integrating processes, industrial automation, and IT systems to continuously improve operator skills across the value chain. Examples of IIoT in paint shops include prognostics/diagnostics for painting robots and energy/environmental management. The discussion focuses on how IIoT can empower workers and amplify human capabilities rather than deskilling labor.
The document discusses the transition to smart manufacturing, also called Industry 4.0, in the UK. It notes that the UK lags behind countries like Germany in adoption of industrial robots. Embracing smart manufacturing technologies could boost UK competitiveness and productivity. However, there is a skills gap as many UK companies lack experience with robotics that prevents greater adoption. Bridging this skills gap through training programs and making robots easier to use are seen as key to driving increased adoption of smart manufacturing in the UK.
Industrial Internet of Things by Edy Liongosari of Accenturegogo6
The document discusses the Industrial Internet of Things (IIoT) and its potential benefits. It notes that the IIoT involves intelligent industrial products, processes and services communicating over networks. Trillions of dollars in benefits are possible from the IIoT through improved operational efficiency, new products/services, and an outcomes-based economy. Realizing these benefits will require connected ecosystems and platforms to aggregate and utilize data to create new value-added services. The most transformative impacts will be the emergence of an outcomes economy and tight integration of digital and human labor.
Wind River has developed technology to connect thousands of existing legacy edge devices in the field to enterprise systems like Salesforce, resolving a major challenge companies face in integrating IoT. Their solution provides an end-to-end view that links the edge device and operating system, connectivity layer, gateway, cloud applications, and enterprise systems. This pre-integrated solution dramatically reduces development time and allows companies to focus on using IoT data to drive business model innovation and new revenue streams, like usage-based services.
A look at how cognitive computing is driving new productivity and gains in the manufacturing industry. TO learn more: http://www.ibm.com/internet-of-things/iot-solutions/connected-manufacturing/
industrial IoT can monitor critical machineryDan Yarmoluk
This document discusses how the Industrial Internet of Things (IIoT) can help manufacturers monitor critical machinery to improve efficiency and reduce costs. Key points:
1) The IIoT connects industrial systems and uses data analytics to enable predictive maintenance and minimize downtime.
2) Sensors can monitor things like pumps, valves, inventory levels and send real-time alerts about performance issues before failures occur.
3) This predictive maintenance and visibility into operations helps reduce costs, maximize productivity, and improve customer service by preventing production delays.
The document discusses smart manufacturing and its key enablers. It describes how smart manufacturing utilizes technologies like big data analysis, industrial IoT, blockchain, robotics, and digital twins to optimize manufacturing processes. A smart factory is presented as the vision of highly automated production facilitated by cyber-physical systems and the exchange of digital information. The advantages of smart manufacturing include increased productivity and efficiency through predictive maintenance and flexibility, while the main disadvantage is the upfront cost of implementation.
The document discusses how small businesses can benefit from using IoT technologies. It outlines several ways IoT can reduce costs and increase profits for small businesses, including remote monitoring of operations, improved inventory management through sensors and RFID chips, and overall increased efficiencies and productivity through data analytics. However, the document also notes security concerns that come with increased connectivity and the need for small businesses to have proper infrastructure and expertise to successfully integrate IoT.
The document discusses how small businesses can benefit from using IoT technologies. It outlines several ways IoT can reduce costs and increase profits, including remote monitoring of operations to allow 24/7 production, inventory management through sensors and RFID chips, and overall efficiency improvements from big data analytics. While IoT provides opportunities, small businesses need the right infrastructure and expertise to securely integrate these new technologies.
The document discusses how small business owners can benefit from using IoT technologies. It outlines several ways IoT can help small businesses, including remote monitoring of operations to allow 24/7 production, inventory management through sensors and RFID chips, and overall improved efficiencies from big data analytics. The document also notes that while IoT provides benefits, it also presents security and management challenges that businesses need to address.
The Next Wave of Manufacturing Relies on Plant Operations TransformationCognizant
To enable agility, predictability, responsiveness and efficiency, manufacturers must think holistically about their factories and develop integrated and harmonized capabilities that connect the supply chain with a new product introduction value stream.
What Internet of Things will enable on industryDaniel Peralles
The transformation industry is living a new phase: The Digital Transformation.
Here I show an overview of what new technologies, as Internet of Things and Advanced Analytics will enable on industries.
The document discusses the Internet of Things (IoT) and its impact on industry. It describes how connected devices and equipment are becoming more common in both consumer and business settings. It provides examples of how IoT is used in industries like oil and gas, agriculture, and commercial buildings. It then discusses some of the key business drivers for adopting IoT technologies, such as complying with regulations, reducing costs, differentiating products, and generating new revenue streams. Finally, it outlines some of the major barriers to wider IoT adoption, such as technology culture issues, lack of skills, misunderstanding ROI, and security concerns. It provides recommendations for how organizations can start small with IoT pilots to prove value before wider deployment.
The Evolution and Impact of Ops Technology.docxgreendigital
Introduction
Operations technology, referred to as Ops Technology. has transformed the landscape of various industries over the past few decades. It encompasses a broad array of tools, systems. and methodologies used to manage, control. and optimize business operations. From manufacturing to IT services. Ops Technology plays a critical role in enhancing efficiency, productivity, and performance. This article delves into the evolution, key components. and future trends of Ops Technology. providing a comprehensive understanding of its significance in the modern industrial landscape.
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The Historical Evolution of Ops Technology
Early Beginnings
Ops Technology has its roots in the Industrial Revolution of the 18th and 19th centuries. where mechanization and steam power revolutionized manufacturing processes. The introduction of machinery boosted productivity. and set the stage for future advancements in operational methodologies.
The 20th Century: Automation and IT Integration
The 20th century saw a series of technological advancements that propelled Ops Technology to new heights. The introduction of assembly lines by Henry Ford in the early 1900s marked a significant milestone. leading to mass production and operational efficiency.
The latter half of the 20th century saw the integration of Information Technology (IT) into operations. The advent of computers, programmable logic controllers (PLCs). and enterprise resource planning (ERP) systems transformed how businesses managed their operations. These technologies enabled real-time data processing, improved communication, and streamlined workflows.
The Digital Age: IoT and Big Data
The 21st century has brought about the digital age. characterized by the proliferation of the Internet of Things (IoT), big data, and cloud computing. These technologies have further revolutionized Ops Technology by providing unprecedented levels of connectivity, data analytics, and automation. IoT devices, for example, allow for real-time monitoring and control of industrial processes. while big data analytics enables predictive maintenance and operational optimization.
Key Components of Ops Technology
Ops Technology is a multifaceted domain encompassing various components that work together to enhance operational efficiency. The following are some of the key components:
1. Automation Systems
Automation is at the heart of modern Ops Technology. It involves the use of control systems, such as PLCs and robots. to perform tasks with minimal human intervention. Automation systems are essential for reducing errors, and increasing speed. and improving consistency in operations.
2. Enterprise Resource Planning (ERP) Systems
They provide a comprehensive view of operations. including inventory management, order processing, human resources, and finance. By centralizing data and processes, ERP systems enable better decision-making and operational efficiency.
A major revolution in the field of instrumentation and control technology is well underway. Research, development and deployment activities are focused on making quantum leaps in industrial automation performance. Called Industry 4.0, this includes a new generation of low-cost wireless sensors, improved real-time data analytics and control systems, and advancements in high-fidelity process modeling. These innovations will include systems that improve industrial manufacturing efficiencies, and integrate and network subsystems across manufacturing processes.
Industrial IoT: The Essentials of Implementing a SolutionNoman Shaikh
The Industrial Internet of Things (IIoT) is a relatively new idea that has the potential to offer value to any industrial organisation that decides to embrace it. Due to the newness of IoT in industrial operations, there has been a rise in cost and maturity in terms of data processing, as well as just a few deployments.
This document discusses how businesses can transform by gaining insights from data collected by internet-connected devices and sensors. It explains that the Internet of Things allows physical objects to connect, share data, and interact. While much data from connected devices is unused, businesses can analyze this data using advanced analytics to gain insights, optimize operations, innovate new products and services, and improve customer engagement across all industries. The document outlines IBM's approach to helping businesses capture opportunities from the Internet of Things.
Launching in April 2016, Smart Manufacturing will focus on advanced manufacturing technologies and tools that are driven or enhanced by integrated information technology.
Automation's Perfect Storm! These Changes Aren't Coming, They're Here!Walt Boyes
Process manufacturing is facing a perfect storm of changes: Millenials, Mobile Devices, the Internet of Things, Big Data and Complex Systems Analysis, new, smarter sensors, smarter more agile control systems...the use of apps like Legos...and it is all going to hit at once over the next five years. These are the trends that will change our lives.
This document discusses how the industrial Internet of Things (IoT) can improve operational efficiency in metalforming and fabrication. Experts note that IoT enables real-time monitoring of production metrics like overall equipment effectiveness to reduce downtime. While many manufacturers have yet to fully leverage IoT technologies, early adopters report benefits like improved safety, reliability, and insight into customer preferences. The document provides recommendations for manufacturers to develop a roadmap for integrating IoT, focusing first on identifying key performance indicators and bottlenecks before implementing piecemeal solutions. Connecting machine data to enterprise systems through IoT is poised to revolutionize metalforming by enabling predictive maintenance and mistake-proof production.
Industrial Internet of things has continued to create the buzz, one can’t deny that it is the one of the fastest emerging technology with humpty amount of Data getting captured daily and with every industry demanding optimisation, analytics, automations and valuable insights Industrial Internet of things is something which the need of the day.
this is the basic slide for the introduction of Industry 4.0. how this works and what are the foundations required for the working of the indusry as it is taking globally a huge transformation.
Hannover Messe 2017 is going to be a watershed for the Digital Technologies taking over the Manufacturing world like a storm. The presentation gives a detailed look into what the worlds largest exhibition is going to give a feel of.
The document discusses the concept of the adaptive digital factory enabled by emerging technologies like the Internet of Things (IoT). Key points include:
- The IoT allows devices and assets on the factory floor and throughout the product lifecycle to be connected, monitored, optimized and maintained proactively through prescriptive maintenance.
- Other trends like social media, mobility, analytics and cloud computing (SMAC'T) also impact manufacturing by enabling social collaboration, omni-channel experiences, data-driven optimization and on-demand access.
- When IoT is combined with SMAC'T trends, traditional manufacturing can be transformed into adaptive digital factories with end-to-end connectivity from suppliers to consumers.
Similar to Smart factory trends to watch in 2018 - Future of Industry 4.0 (20)
What is Digital Transformation | Digital Transformation Myths and Trends 2018hakuna matata solutions
If you want to lead your organization through digital transformation, the first step is understanding the realities of digital transformation. In this SlideShare we use excerpts from a few, prestigious industry reports/white papers to dispel a few myths.
Steps to success in Digital Transformation | Digital transformation key compo...hakuna matata solutions
As a business leader, how often do you feel that you’re no longer playing by the same rules that you were playing 2 years ago? What changed really? Find these steps mentioned here to get success your business in digital transformation.
Why should a product manager look at metrics? Which metrics to track?hakuna matata solutions
As a product manager or owner, you are frequently bombarded with questions on data and analytics related to your apps/software products. Well, it is a data-driven world. Scout around the internet, and you will find several insightful articles/blogs on ‘must have app metrics’. Let us guide you to some more useful metrics to track and how to measure product analytics.
hakuna matata is a leading digital transformation solutions provider with services across Mobile, Web, IOT, Cloud and Analytics.
We are a fast-growing digital transformation solutions company with a global clientele, niche competencies, and a diverse portfolio. Our expertise is defined by 10 years of experience in developing apps for the new economy, 220+ clients, 250+ apps, and 500,000 person hours of development work.
Very often, the difference between a successful launch and a successful run is in the details, not in the grand plan. Our unique CB4UBD lab, at Hakunamatata, acts as a mini incubation center for your app idea.
Agile helps teams to address risks & unpredictability through incremental and iterative work cadences and empirical feedback. We have summarised our experience of using agile for new product development and challenges & work arounds for the challenges.
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...Alex Pruden
Folding is a recent technique for building efficient recursive SNARKs. Several elegant folding protocols have been proposed, such as Nova, Supernova, Hypernova, Protostar, and others. However, all of them rely on an additively homomorphic commitment scheme based on discrete log, and are therefore not post-quantum secure. In this work we present LatticeFold, the first lattice-based folding protocol based on the Module SIS problem. This folding protocol naturally leads to an efficient recursive lattice-based SNARK and an efficient PCD scheme. LatticeFold supports folding low-degree relations, such as R1CS, as well as high-degree relations, such as CCS. The key challenge is to construct a secure folding protocol that works with the Ajtai commitment scheme. The difficulty, is ensuring that extracted witnesses are low norm through many rounds of folding. We present a novel technique using the sumcheck protocol to ensure that extracted witnesses are always low norm no matter how many rounds of folding are used. Our evaluation of the final proof system suggests that it is as performant as Hypernova, while providing post-quantum security.
Paper Link: https://eprint.iacr.org/2024/257
Have you ever been confused by the myriad of choices offered by AWS for hosting a website or an API?
Lambda, Elastic Beanstalk, Lightsail, Amplify, S3 (and more!) can each host websites + APIs. But which one should we choose?
Which one is cheapest? Which one is fastest? Which one will scale to meet our needs?
Join me in this session as we dive into each AWS hosting service to determine which one is best for your scenario and explain why!
Building Production Ready Search Pipelines with Spark and MilvusZilliz
Spark is the widely used ETL tool for processing, indexing and ingesting data to serving stack for search. Milvus is the production-ready open-source vector database. In this talk we will show how to use Spark to process unstructured data to extract vector representations, and push the vectors to Milvus vector database for search serving.
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2024/06/temporal-event-neural-networks-a-more-efficient-alternative-to-the-transformer-a-presentation-from-brainchip/
Chris Jones, Director of Product Management at BrainChip , presents the “Temporal Event Neural Networks: A More Efficient Alternative to the Transformer” tutorial at the May 2024 Embedded Vision Summit.
The expansion of AI services necessitates enhanced computational capabilities on edge devices. Temporal Event Neural Networks (TENNs), developed by BrainChip, represent a novel and highly efficient state-space network. TENNs demonstrate exceptional proficiency in handling multi-dimensional streaming data, facilitating advancements in object detection, action recognition, speech enhancement and language model/sequence generation. Through the utilization of polynomial-based continuous convolutions, TENNs streamline models, expedite training processes and significantly diminish memory requirements, achieving notable reductions of up to 50x in parameters and 5,000x in energy consumption compared to prevailing methodologies like transformers.
Integration with BrainChip’s Akida neuromorphic hardware IP further enhances TENNs’ capabilities, enabling the realization of highly capable, portable and passively cooled edge devices. This presentation delves into the technical innovations underlying TENNs, presents real-world benchmarks, and elucidates how this cutting-edge approach is positioned to revolutionize edge AI across diverse applications.
Fueling AI with Great Data with Airbyte WebinarZilliz
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It is with great pleasure that we extend to you an invitation to the 5th Power Grid Model Meet-up, scheduled for 6th June 2024. This event will adopt a hybrid format, allowing participants to join us either through an online Mircosoft Teams session or in person at TU/e located at Den Dolech 2, Eindhoven, Netherlands. The meet-up will be hosted by Eindhoven University of Technology (TU/e), a research university specializing in engineering science & technology.
Power Grid Model
The global energy transition is placing new and unprecedented demands on Distribution System Operators (DSOs). Alongside upgrades to grid capacity, processes such as digitization, capacity optimization, and congestion management are becoming vital for delivering reliable services.
Power Grid Model is an open source project from Linux Foundation Energy and provides a calculation engine that is increasingly essential for DSOs. It offers a standards-based foundation enabling real-time power systems analysis, simulations of electrical power grids, and sophisticated what-if analysis. In addition, it enables in-depth studies and analysis of the electrical power grid’s behavior and performance. This comprehensive model incorporates essential factors such as power generation capacity, electrical losses, voltage levels, power flows, and system stability.
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What to expect
For the upcoming meetup we are organizing, we have an exciting lineup of activities planned:
-Insightful presentations covering two practical applications of the Power Grid Model.
-An update on the latest advancements in Power Grid -Model technology during the first and second quarters of 2024.
-An interactive brainstorming session to discuss and propose new feature requests.
-An opportunity to connect with fellow Power Grid Model enthusiasts and users.
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During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
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2. INTRODUCTION
Ever visited a power plant in recent times? The number of
personnel on the floor is hardly 5.
A couple of people, operating a little away from the plant,
watching a number of displays and light bulbs would be
‘quietly’ monitoring the entire production process.
In fact, you would almost be greeted with an eerie silence,
except for the hum of the turbines. Now, contrast that with a
traditional manufacturing plant – the number of moving parts
(literally and figuratively) make the shop floor a beehive of
activity.
What if the traditional shop floor can also be managed and
monitored with quiet confidence and outstanding efficiency –
by connecting machines, systems and people seamlessly.
4. The smart factory represents a leap forward from more traditional automation to a
fully connected and flexible system – one that can use a constant stream of data
from connected operations and production systems to learn and adapt to new
demands.
… A true smart factory can integrate data from system-wide physical, operational,
and human assets to drive manufacturing, maintenance, inventory tracking,
digitization of operations through the digital twin, and other types of activities
across the entire manufacturing network.
The result can be a more efficient and agile system, less production downtime, and
a greater ability to predict and adjust to changes in the facility or broader network,
possibly leading to better positioning in the competitive marketplace.
“
5. The technologies driving this
revolution are of course Industrial IoT
(Internet of Things), Cloud, Artificial
Intelligence and Machine Learning.
According to a projection by Cisco,
manufacturing will account for 27% of
the projected $14.4 trillion IoT market
between 2013 and 2022, with smart
factories contributing $1.95 trillion of
the total value at stake in the same
timeframe.
… TECH
TRENDS
2018
6. SMART FLOOR.Let us look at how different areas of shop
floor by IOT and Cloud.
8. Use of computers in shop floor is not a new phenomenon.
IOT For Smart Data Collection
IoT, it is now far easier and faster to collect and manage large amounts of
manufacturing data not just in a single factory, but across multiple
production sites through the cloud.
And, when combined with analytics, companies will gain better insights,
allowing them to optimize plant operations, reduce defects and perform
preventative maintenance.
10. Typically, in any shop floor, processes would be in place to divert
production in the case machinery failure.
Better Performance - IOT Analytics
Through the use of sensors, IoT and analytics it is possible to predict and
prevent catastrophic failure on large-scale plant floor equipment, like
boilers or compressors.
And, you can measure conditions like input flow and pressure settings, and
determine whether a piece of equipment is running at optimal
performance, including consumption of energy.
12. Having automated workflows, synchronization of assets, improved
tracking and scheduling, and optimized energy consumption means that
today, a smart shop floor / factory can increase yield, uptime, and quality,
as well as reduce costs and waste.
Reliability
The nominal manual intervention increases reliability.
Remote equipment management, including setting specific limits and
parameters, allows for significant savings in energy and costs.
14. By integrating shop floor decisions and insights with the rest of the supply
chain, sales & marketing and broader enterprise through the IoT
ecosystem, organizations can not only fundamentally change production
processes, but also enhance relationships with suppliers and customers.
Business Intellegence
If you are wondering, how come we have not touched Robotic Process
Automation (RPA) as we speak about the revolution that is taking place in
shop floor automation…
Well, that is a whole different area of discussion for another day.
15. “If you are interested in
taking advantage of IoT,
and would like to work
with an expert in digital
transformation – talk to
Hakuna Matata.”
HAKUNA MATATA
IOT Expert - Digital
Transformation