Siemens Board Level Perspectives on IIoT & Blockchain
Recently, Lucian Fogoros, Co-founder and Managing Director of IIoT World, interviewed Klaus Helmrich, Member of the Managing Board of Siemens AG and CEO Digital Industries. Some of the questions we asked were crowdsourced. Lucian Fogoros: Industry 4.0…
3 Practical Ways to Transform Brownfield Plants into Digital Factories
With the advent of the Internet of Things (IoT), industries around the world are undergoing a major digital transformation. In their 2017 research, Capgemini reported that smart factories could contribute an annual added value of $500…
ABB highlights at Hannover Messe 2019 – Day 2
This year at Hannover Messe, ABB is streamlined into four entrepreneurial businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation. As our main focus is IIoT, “the factory of the future” is clearly one of…
Our Picks from Hannover Messe 2019 – Day 1. What’s next on our agenda?
It seems that 2019 is truly the year for Digital Transformation, as almost all of the announcements/sessions we heard today were about Industrial IoT and Industrial cybersecurity. We might be biased as our focus is 100%…
Fueling Widespread Digital Transformation Using Digital Ecosystems
Ready or not, digital transformation (DX) is here and already is revealing its impact on every part of our lives. In some cases, the transformation is obvious. Take the way we call for a ride-share or…
Why people remain at the heart of the factory of the future
There is no denying that we are well into the swing of the Fourth Industrial Revolution. Early adopters of digitization are already seeing measurable benefits such as increased energy efficiency and quicker troubleshooting which is resulting in…
Convergence Will Move IoT to a New Plane of Service Continuity
The tsunami of IoT application expansion is not likely to abate in the foreseeable future. New capabilities from smart consumer services to industrial use cases incorporating machine vision and complex system management are added to the…
Missteps to Avoid When Implementing Digital Transformation Strategy
Implementing digital transformation strategy presents many challenges. These can range from having to manage massive revamping of business and work processes to implementing completely new models for customer engagement. Some challenges are understood but still difficult,…
The Four Steps to the IoT Epiphany
Industrial equipment manufacturers around the world are looking for ways to protect their core businesses while also seeking new cost savings and customer revenue opportunities. Many look to digital transformation and industrial IoT for enabling new services like…
Monetizing Your IoT Project
One of the biggest challenges in getting funding for an IoT project is being unable to monetize the results. Complete IoT solutions often cost a lot of money – new hardware needs to be purchased and…