How Low-code platforms prepare companies for Industry 4.0
Virtual Conference sponsored by Siemens
September 9, 2021
11:00 AM (ET)
In a commissioned study of IoT decision makers conducted by Forrester Consulting on behalf of Siemens, 46% of respondents reported that partners developing vertical industry applications would be the most helpful to their organizations. At 43%, OEMs who incorporate edge technologies into their devices was the second top response.
Companies need cost-effective ways to quickly build industry-vertical IoT applications and leverage built-in connectivity with edge devices.
The success rate of an enterprise-scale digital project is very slim, with 70 percent of projects either facing serious challenges or failing altogether. It’s all about collaboration. Or a lack thereof. Business collaboration can become much easier using low-code applications. Low code/ no-code solutions have the potential to reduce the development time by 90% (1)
The average company avoided hiring two IT developers using low code tools. This reaped about $4.4 million in increased business value over three years from the applications designed. (Forrester)
70% of low code users who had no experience at all before using low code platforms learned low code in 1 month or less. (Mendix)
The Mendix and MindSphere integration addresses the needs as well as the challenge of a dramatic shortage of development talent. By expanding the pool of human capital available in an enterprise to support the development process, and radically accelerating that process through the low-code platform, companies can achieve a faster, greater return on their IoT investment.
Key Topics Covered
- The innovation factory: where to start
- The elements of digital execution: the 4 Ps
- How to scale using low code platforms: influencing factors
- The first applications to develop
- Defining the value of low code applications
Kiva Allgood is a Board Member at Synaptics Incorporated and Airgain, Inc. and is an Advisory Board Member of Analytics Ventures. With 20+ years of experience in IoT, scaling connectivity, smart cities and startups, Kiva brings a strong track record from supporting high-growth organizations in innovation and digital transformation.
Dave McCarthy is a Research Director within IDC’s worldwide infrastructure practice focusing on edge strategies. In this role, he provides both qualitative and quantitative analysis of distributed computing paradigms that extend beyond centralized datacenter and cloud infrastructure. Benefitting both technology suppliers and IT decision makers,
Troy Wilson has given many presentations on the subject of IoT and Cloud solutions for businesses. He is a 4 year veteran of the automotive industry. He is the team marketing and strategy manager for Siemens Cloud Solutions, and has served 13 years with Siemens Software. Troy has a bachelor’s degree in computer engineering.
Sanjay Kumar is a Senior Principal with Siemens’ Industrial IoT practice. His career started with plant automation division of EDS and progressed through implementation of several manufacturing, quality and supply chain systems. He led the Verizon Professional Services IIoT and Smart Factory practice.
Joe has worked within the IoT space for over 20 years throughout its inception. He has held many roles during his career including SI, Solution Architect and Lead Design Engineer for IoT Hardware and Software platforms. Joe has worked within multiple industries Including Connected Buildings, Industrial Automation/Industry 4.0, and Data Centers.
Lucian Fogoros is the Co-founder of IIoT World. An entrepreneurial software engineer with global business leadership experience and a passion for digital transformation. Lucian has worked in the industrial software and automation industry since 1998. He holds a BSEE from Cleveland State University and an MBA in Entrepreneurial Finance from Case Western Reserve University.