As described in a new report conducted by PTC and BCG titled Unleashing the Power of Data with IoT and Augmented Reality, augmented reality (AR) is still emerging as a key technology to leverage and amplify the full potential of the Internet of Things (IoT). I say “still emerging,” because, despite its well-recognized potential, industry has been slow to adopt AR in a meaningful way. While early AR systems were ill-suited for mass adoption, fast technology innovation in both IoT and AR over the past half-decade opens new possibilities. PTC saw this opportunity back in 2015 and acquired AR vendor Vuforia, and has been at the forefront of developing these technologies and promoting their strategic value.
Read MoreMuch of the buzz about the industrial Internet of Things (IoT) and predictive algorithms is calling service organizations to adopt predictive maintenance (PdM) methods and tools. In fact, PdM is one of the frustratingly few-well flashed-out use cases for IoT.
The rationale for adopting predictive maintenance is quite convincing.
Many service organizations schedule equipment maintenance activities based on statistical models. Routine preventive maintenance (PM) schedule is based on average failure rates of components and systems and prescribes mandatory part replacement and other maintenance activities before a critical failure is likely to occur.
Read MoreThe industrial Internet of Things and its Digital Twin surrogate are fueling exciting conversations about business process innovation on the factory floor and in industrial equipment manufacturing. One hot area in particular is the broad and often loosely-defined practice of Predictive Maintenance (PdM) of complex machinery. As is frequently the case when technology innovation is trying to penetrate (should I have said “disrupt”?) an established business practice, there’s a good dose of hype and optimism on the side of technology pundits, countered by skepticism and resistance to change from maintenance organizations and experienced field service technicians.
A business associate sent me an article written by a technology vendor seeking to debunk what the authors deem to be myths about PdM (try searching for “predictive maintenance myths” and you will find a few on the topic). That article and recent vendor presentations I attended suggest that further examination of misunderstandings and perhaps exaggerated expectations from PdM technology is in order. Read More
Despite criticism of being overly hyped, IoT technology remains top of mind in many organizations and will continue to dominate conversations and drive new investments, and for many good reasons. There are numerous areas where Industrial IoT (IIoT) offers clear and significant business value potential. One of the better articulated use cases is service lifecycle management (SLM) and, in particular, remote monitoring and diagnostics.
The annals of equipment service reveal that remote diagnostics and telematics in general are anything but a new concept. In the 80s and 90s, IBM, Digital Equipment, Xerox and other product companies build equipment capable of “phoning home” using commercial telephone lines to report a malfunction, and remote access to enable equipment troubleshooting.
Why IoT, Why Now?
I have been involved in developing, evaluating and selecting tools and methods for field service and failure diagnostics in complex equipment for many years. Among the many technologies, virtual reality (VR), the technology that was heralded and then flopped in the 90s, seems to stage a comeback, thanks to significant improvement in hardware and visualization technologies, and eye-catching products like Google Glass (discontinued earlier this year), Oculus Rift (acquired by Apple in 2014) and Microsoft’s Hololens. A client sent me links to articles on virtual reality that appeared in a recent issue of The Economist and asked for an opinion.
The longer article, titled Grand Illusions, offers some historical perspective and discusses numerous opportunities for virtual reality applications, mostly related to gaming and gaming-like areas. The article cautions readers to “curb your enthusiasm”, citing multiple technology, human physiology and social barriers. Read More