The Industrial Internet of Things - A Time for Revolution
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The Pacific Northwest has a tremendous amount of manufacturing and high-tech expertise. Now is the time to combine and align all of our learnings from tier one companies such as Boeing, PACCAR, Amazon, Microsoft, and many others. The PNW is positioned to emerge as a global leader in the Industrial IoT Revolution.
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The Industrial Internet of Things - A Time for Revolution
- 1. The Industrial Internet of Things: A Time for Revolution June 7, 2018 Bill Hill Rich Rogers
- 2. Industrial IoT combines the best of the Industrial world with the best of the IT world. Rich Rogers Rich Rogers Rich Rogers Bill Hill
- 3. The Industrial Revolution: 1760 – 1840 Water & steam power enable machine-made goods
- 4. The Second Industrial Revolution: 1870 – 1914 Electric power & interchangeable parts enable mass production
- 5. The Digital Revolution: 1947 – Today Electronics & information technology automate & integrate business systems
- 6. The Industrial IoT Revolution AI, mobile, & cloud technologies automate & integrate industrial systems
- 7. We are moving from a computer on every desk, in every home, & in every pocket – to a computer in every machine
- 8. You won’t experience 100 years of progress in the 21st century - it will be the equivalent of 20,000 years of progress!
- 9. Last century we measured our machines by horsepower & their physical capabilities. This century we’ll measure our machines by brainpower & their ability to help us make decisions.
- 10. We have spent the last 70 years connecting & empowering humans. We'll spend the next 70 years connecting & empowering machines.
- 11. Software is eating the world
- 12. Industrie 4.0 Industrie 4.0 Society 5.0 Made in China 2025 4IR Factories of the Future Russia 4.0 The rumors of the demise of the U.S. manufacturing industry are greatly exaggerated. – Elon Musk Industrial Revolution
- 13. B2B IoT segments will generate more than $300B annually by 2020, including $85B in the industrial sector.
- 14. Smart Manufacturing Industrial companies have the lowest revenue per employee. Industrial IoT technologies will allow us to flip this.
- 15. Smart Connected Fleets Real-time visibility to your offerings in the field. Automatic alerts and notifications when they need attention.
- 16. Smart Aftermarket Services The average margin on aftermarket services is 25%, compared to 10% for new equipment sales.
- 17. Other’s talk about revolution, the PNW is about results
- 18. The Industrial IoT Revolution - Why not us?
- 19. The best time to plant a tree was 20 years ago. The second best time is now. - Chinese Proverb
- 20. Thank you… Bill Hill Rich Rogers
Editor's Notes
- The Second Industrial Revolution ended at the beginning of World War I. And, the Digital Revolution began shortly after the end World War II. In 1947 the transistor was invented really giving birth to this period. A few years later the IBM mainframe was born, computer languages began to sprout up, and back-office software began to power and integrate our business systems. Over time the mainframe began to give way to PC-based client-server solutions, which then gave way to modern cloud computing solutions. We all know the tech giants of this era – IBM, Apple, Google – and local giants such as Microsoft and Amazon.