For manufacturers, a digital transformation often means looking for new ways to leverage technology and IoT (Internet of Things)-derived data to generate revenue. And in many cases this means talking about the next generation of manufacturing. What does this actually look like, and what steps do manufacturers need to take to achieve Industry-4.0 status?
Much like manufacturing, construction is truly experiencing a period of transformation and dramatic disruption. Advanced technology and automation is playing a pivotal role in rebuilding our roads, bridges, transit, buildings, homes, and is the cornerstone of projects.
In this column I have been writing about how servitization is an important trend for industrial companies and beyond and how IoT services are creating an outcomes-based economy that benefit tech suppliers and end users alike. Perhaps that’s why it makes a lot of sense to extend the discussion and take a closer look at smart cities and how IoT (Internet of Things) services will play a role in helping cities prepare for a huge upcoming shift—urbanization.
Servitization is a transformation journey. Along this journey, businesses work to develop capabilities for providing services that supplement their traditional product portfolios. In last week’s column I went into great detail to explain these points. So this column, I will give some real-world examples of servitization in action and will offer up what steps manufacturers and other businesses can do to begin their own transformation journey.
The IoT (Internet of Things) is facilitating servitization and a transition toward a more outcomes-based economy. But the real question for you is do you understand how your company can leverage it to help you work smarter, not harder? The other key points that companies need to rethink in today’s connected economy is the way products are designed and manufactured to the way they’re sold, operated, and serviced. And this last point—product servicing—is worth underlining.
Have you ever really thought about V2V (vehicle-to-vehicle) communications and how IoT (Internet of Things)-enabled technologies will lessen the need for transportation infrastructure like traffic lights?
Why should we keep talking about IoT (Internet of Things) security? Haven’t we talked about it enough? Nope, it’s like death and taxes, they are just inevitable. In my last column, I talked about ways the IoT is increasing the security of our pipeline infrastructure. Security is always relevant, when we’re talking about the IoT.
The energy infrastructure is really changing as it turns to the IoT (Internet of Things) to provide maintenance, monitoring, and even pipeline security. And during the past few weeks, I have taken you on a journey of America’s infrastructure. America’s infrastructure grade, and let’s just be frank, was barely passing—and that’s true no matter how you look at it.
For this blog let’s address the energy infrastructure crises, by first examining the current state of the energy landscape in the United States. As I see it, we would be remiss if we did not continue to delve into this very important discussion we had in this blog last week talking about our nation’s infrastructure without first addressing some key facts.
For this column, and perhaps the entire month, I will focus on infrastructure, energy, and IoT (Internet of Things) technology that will have the greatest impact. This is without question one area where our nation needs to spend a little—okay a lot—more focus, and perhaps resources to resolve.