Imagine a factory that can sense a scheduling constraint and optimize the performance of a certain tool, helping to ensure that customer shipping stays on track. True digital transformation, while already underway, is going to take a long time to play out, probably a decade or more. It will roll out in three distinct phases: connected, smart, and autonomous.
The first phase is about connecting the unconnected. 85 percent of assets being utilized today are not connected, and therefore can’t be digitally monitored, maintained, or upgraded. The second phase is about making devices and networks smarter – more intelligent. This enables raw data to be transformed into events or actions that are meaningful, whether that’s predicting when a tool is about to fail, or optimizing the supply chain.
The third phase, perhaps the most interesting, is when work flows and processes become more software defined and autonomous. This will allow the world to move at the speed of software. An example is the way Tesla can change features in cars in the field with software updates.
In this session, learn how innovators are designing and deploying these phases of IOT in fascinating ways developing brand new use cases and ultimately, important efficiencies that are improving businesses from retail to manufacturing to healthcare.