Time Warp (Mike Gambino, 2011)

Autonomous Vehicles: Slow Down to Go Faster

By | Automotive | No Comments

Reprioritization of Autonomous Vehicles Development is Needed

Everyone is in the self-driving car race. Google has been developing autonomous driving capabilities since 2009 and continues to demonstrate incremental improvement in its autonomous driving technology since. By 2012, Google’s fleet has logged 300,000 self-driven miles. Tesla’s AutoPilot, another household name on the driverless car stage, has logged nearly 250 million miles of hands-free driving. Delphi’s Roadrunner completed a nearly 3,400-mile cross-country trip, 98% of it in self-driving mode.

Fearing the perception of falling behind in the race to take the checkered flag, practically all major automakers and suppliers are investing heavily in self-driving technologies and are very vocal telling their own bold vision of crash-free, stress-free traffic. And if you are a car executive who doesn’t dream big enough, you are out! Read More

Aras Announces $40 Million Investment Led by Silver Lake

By | M&A | No Comments

Continuing its strong growth momentum over the past few years, Aras Corp. announced today it has raised $40 Million in a new round of funding from private equity firm Silver Lake Partners and GE Ventures

The funding will be used to expand Aras’s global growth and extend the company’s PLM technology, especially in offering customers comprehensive digital twin capabilities – the ability to create and manage a complete and exact digital replica of a physical product in operation. Aras technology will give Internet of Things (IoT) solution providers and users powerful configuration management tools to establish and manage IoT information in the context of detailed and up-to-date product configuration throughout the extended product life cycle: as designed, as built and installed, as maintained, and as operated.

Aras digital twin expansion strategy continues to build on the growth momentum in IoT services from cloud infrastructure providers such as Azure, AWS, Bluemix, and MindSphere, some of whom are already Aras partners.

Clairvoyance (Rene? Magritte, 1936)

Digital Transformation and The Internet of Things

By | Internet of Things, IT Strategy | No Comments

The Industrial Internet of Things seems to be in full swing, as the digital transformation of business operations and customers engagement models promises to bring about radical business improvements, new customers and additional revenue streams.

And technology innovations continue to keep the conversation alive, as hardware miniaturization, reduced power consumption, falling hardware prices, and ubiquitous wireless connectivity proliferate and power practically all new products.

The confluence of new technologies and innovative business models fuels the growth of the Industrial Internet of Things. There are plenty of compelling arguments—both business-oriented and technology-induced—that the Industrial Internet of Things will, indeed, lead to a radical transformation in practically every business sector.

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Connected Lean

By | Internet of Things, Manufacturing | No Comments

Connected Assets Accelerate the Journey to Lean Manufacturing

The Seduction of Data

Industry 4.0 promises to bring our factories to the 21st century. Thanks to the pervasive digitalization of manufacturing assets, we can now collect and track detailed manufacturing operations data. Lots of it, in real time, all the time. We can analyze it, trend it, and share it across the extended enterprise, again, in real time if we wish to.

But does having more data promise better decisions? Not necessarily. Read More

The Fortune Teller (Georges de La Tour c. 1630)

Seven Industrial IoT Predictions for 2017 and Beyond

By | Internet of Things, IT Strategy | 2 Comments

Rapid Growth in Times of Uncertainty

The industrial Internet of Things (IoT) is enabling and accelerating the convergence of three key technology and business model shifts that are fueling the digital transformation of every industrial enterprise:

  • Connectivity. The number of connected devices and mobile devices is growing at an increasingly faster pace, emanating massive amounts of real-time information that enables deep insight about themselves and the environment around them.
  • Cloud Computing. After years of hesitation, cloud technology is finally becoming a mainstream business platform and a growth engine. New information systems and business operation constructs can be deployed and scale quickly and cost effectively, as connected assets and mobile devices deliver decision-making power to all ranks in the organization.
  • New Business Models. Cloud-connected assets and customers, coupled with real-time information and decision-making capabilities form the foundation for new ways to engage the business and its customers. Businesses can deploy innovative customer-centric outcome-based engagement models and respond to changing market conditions with greater agility and flexibility.

Industry is making strides in developing Internet of Things technologies and articulating the potential business value of industrial IoT and Industry 4.0 solutions. The upcoming years of the IoT evolution will be characterized by rapid technology acceleration, as the vision of an always-connected world, in which everything and everybody is connected, is becoming an everyday reality.

And company leadership is under pressure to seize the opportunity. Eager technology vendors, enthusiastic investors and analysts, and deluge of breathless headlines, all entice corporate management to jump on the IoT bandwagon before it’s too late.

However, as technology forecaster Paul Saffo aptly observed, one should not mistake a clear view for a short distance. Read More