Manufacturing and the Industrial Internet of Things (IIoT)

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1 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved. Manufacturing and the Industrial Internet of Things (IIoT) IIoT is changing the way manufacturers design, plan, make, and service products.

Transcript of Manufacturing and the Industrial Internet of Things (IIoT)

Page 1: Manufacturing and the Industrial Internet of Things (IIoT)

1 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Manufacturing and the Industrial Internet of Things (IIoT)IIoT is changing the way manufacturers design, plan, make, and service products.

Page 2: Manufacturing and the Industrial Internet of Things (IIoT)

2 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

What is IoT?

“Internet of Things” is not very helpful…

Instead: “Smart, connected devices”

Any device embedded with processors, sensors, software and connectivity that allows data to be exchanged between the device and some other entity.

Page 3: Manufacturing and the Industrial Internet of Things (IIoT)

3 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

IoT Growing Exponentially

Products and manufacturing

machines now include sensors

and communication capabilities

Page 4: Manufacturing and the Industrial Internet of Things (IIoT)

4 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

What is IIoT?

• Order groceries

• Keep track of ToDo list and family calendar

• Retrieve recipes

• Tell the temperature

• Play favorite tunes from Pandora

• Takes automatic pictures of contents

• Keeps food cold (I think)

Page 5: Manufacturing and the Industrial Internet of Things (IIoT)

5 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

What is IIoT?

Page 6: Manufacturing and the Industrial Internet of Things (IIoT)

6 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Manufacturing is the #1 IoT Opportunity

• $1.2-$3.7 trillion of economic impact

• IIoT isn’t “technology looking for a problem” – this is a solution to existing needs

Page 7: Manufacturing and the Industrial Internet of Things (IIoT)

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Original Innovators

Manufacturers have always been connecting things…

Page 8: Manufacturing and the Industrial Internet of Things (IIoT)

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Three Technologies Converge

CLOUD COMPUTING

CHEAP STORAGE

BIG DATA ANALYTICS

Page 9: Manufacturing and the Industrial Internet of Things (IIoT)

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Fully connected enterprise delivers data points throughout the enterprise

Connected Manufacturers use Cloud to Tie Data Together

Usage-based Maintenance

Alerts

Integrated Quality

Systems

Integrated Digital

Inspection Tools

Sensors for Real-Time Monitoring

Real-time Costing & Business Reporting

Real-time Costing & Business Reporting

End-to-End Supply Chain Visibility and Quality

Mobile / Wearable Devices

Page 10: Manufacturing and the Industrial Internet of Things (IIoT)

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Connected Product Creation

• Sensors communicate health of vehicle, usage patterns, fault situations

• Sensor data is combined with manufacturing data for each unique VIN

– After-sale service management

– Future design changes

– Radical pricing options…

Page 11: Manufacturing and the Industrial Internet of Things (IIoT)

12 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Mobility and Sensors Enable Productivity Gains

• Using IIOT to redefine “mobile”

• Objections to wearables in consumer space not an issue

• Beacons and Glass provide instant operator feedback

• Glass and Ring Scanner provide true mobile workforce, and “MRT” updates

Page 12: Manufacturing and the Industrial Internet of Things (IIoT)

13 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Final Thoughts

The two use-cases illustrate two different opportunities for IIoT

• Using data to add value and services to your smart device (GenZe Scooter)

• Using smart device to add value to your internal process (Fisher)

There is actually a third opportunity

• Value in the data itself