On September 21-22 2015, the Industry of Things World conference took place in Berlin. Over two days, a global lineup of innovative and forward-thinking experts spoke about the Internet of Things (IoT) to help attendees get a broader understanding of Industry 4.0 and the Industrial Internet landscape. These attendees included end users and solutions providers who both demonstrated and learned about how the IoT is reshaping businesses.
The IoT is a hot topic within many industries, including field service. Given that field service software and mobile workforce management software runs on multiple mobile devices and takes into consideration other connected machinery and computers, how to leverage the IoT is on a lot of business owners’ minds.
According to the conference, we are in the midst of the fourth industrial revolution. Speaking topics focused on staying ahead of the curve with smart business models, capitalizing on the IoT by finding new markets, efficient lifecycle management, the future of handling data culled from IoT, discovering how the IoT can benefit your current organizational structure, and privacy and security within connected devices.
Keynote speeches included a talk on creating value with the industrial internet by CDO Juha Pankakoski of Konecranes. He said, “IoT is a transformational technology. It changes the way value is created in supply chains and delivering goods and services to customers. Quite a few companies are wondering how it will effect their own business model? How can they leverage IoT for their own operations?”
When asked about the biggest challenge faced by the Industrial Internet, speaker Mary Lynne Nielsen of IEEE Standards Association said, “Industries are coming together in ways we never expected, 10 years ago or even 5 years ago. When you bring together different product chains and different methods of production, you’re dealing with a lot of culture clash. How do we find a way to make them work together?”
In their keynotes, they answered such questions for the 1000 attendees. Some who attended tweeted out other thought-provoking statements such as: "While automation increases productivity, machines do not consume."
Thomas Andrae of 3M said that the way to drive disruptive innovation is to “provide ecosystems, and not systems or products.”
The Industry World of Things conference seems to have given these innovative thinkers and leaders new strategies for adapting the IoT into their businesses.
Photo by: @IndIntNow