"new business models" entries

How the IoT will transform manufacturing

The products of the future will impact not just factories, but all aspects of business.

Register now for Solid Amsterdam, October 28, 2015, where Dirk Slama will present the session “Managing the ‘Clash of Two Worlds’ in the IoT.” Editor’s note: this post is an excerpt from “Enterprise IoT: Strategies and Best Practices for Connected Products and Services,” by Dirk Slama, Frank Puhlmann, Jim Morrish, and Rishi M. Bhatnagar.

640px-Pehr_Hillestrom_da_-_In_the_Anchor-Forge_at_Soderfors_The_Smiths_Hard_at_Work_-_Google_Art_ProjectIn some cases, a distinction is made between the industrial IoT and the consumer IoT. But when we talk about “Enterprise IoT,” our focus is less about specific application domains and more about openness and integration maturity.

Here, we will take a closer look at some of the more industrial applications of Enterprise IoT, starting with a discussion about how IoT will transform manufacturing from the perspective of both product engineering and production technology.

Integrated production for integrated products

We believe that the IoT will have two main areas of impact on the current manufacturing landscape. The first concerns the organizational structure that is required to produce truly integrated IoT solutions. The IoT involves a clash between two worlds in which those in the machine camp and those in the Internet camp will be required to work together to create products that combine physical products with Internet-based application services. In an IoT world, many companies will discover that being just a manufacturing company or just an Internet company will no longer be sufficient; they will need to become both — or become subsumed in an ecosystem in which they play a smaller role. Read more…