manufacturing and the industrial internet of things (iiot)

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1 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved. Manufacturing and the Industrial Internet of Things (IIoT) IIoT is changing the way manufacturers design, plan, make, and service products.

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Page 1: Manufacturing and the Industrial Internet of Things (IIoT)

1 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Manufacturing and the Industrial Internet of Things (IIoT)IIoT is changing the way manufacturers design, plan, make, and service products.

Page 2: Manufacturing and the Industrial Internet of Things (IIoT)

2 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

What is IoT?

“Internet of Things” is not very helpful…

Instead: “Smart, connected devices”

Any device embedded with processors, sensors, software and connectivity that allows data to be exchanged between the device and some other entity.

Page 3: Manufacturing and the Industrial Internet of Things (IIoT)

3 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

IoT Growing Exponentially

Products and manufacturing

machines now include sensors

and communication capabilities

Page 4: Manufacturing and the Industrial Internet of Things (IIoT)

4 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

What is IIoT?

• Order groceries

• Keep track of ToDo list and family calendar

• Retrieve recipes

• Tell the temperature

• Play favorite tunes from Pandora

• Takes automatic pictures of contents

• Keeps food cold (I think)

Page 5: Manufacturing and the Industrial Internet of Things (IIoT)

5 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

What is IIoT?

Page 6: Manufacturing and the Industrial Internet of Things (IIoT)

6 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Manufacturing is the #1 IoT Opportunity

• $1.2-$3.7 trillion of economic impact

• IIoT isn’t “technology looking for a problem” – this is a solution to existing needs

Page 7: Manufacturing and the Industrial Internet of Things (IIoT)

7 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Original Innovators

Manufacturers have always been connecting things…

Page 8: Manufacturing and the Industrial Internet of Things (IIoT)

8 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Three Technologies Converge

CLOUD COMPUTING

CHEAP STORAGE

BIG DATA ANALYTICS

Page 9: Manufacturing and the Industrial Internet of Things (IIoT)

10 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Fully connected enterprise delivers data points throughout the enterprise

Connected Manufacturers use Cloud to Tie Data Together

Usage-based Maintenance

Alerts

Integrated Quality

Systems

Integrated Digital

Inspection Tools

Sensors for Real-Time Monitoring

Real-time Costing & Business Reporting

Real-time Costing & Business Reporting

End-to-End Supply Chain Visibility and Quality

Mobile / Wearable Devices

Page 10: Manufacturing and the Industrial Internet of Things (IIoT)

11 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Connected Product Creation

• Sensors communicate health of vehicle, usage patterns, fault situations

• Sensor data is combined with manufacturing data for each unique VIN

– After-sale service management

– Future design changes

– Radical pricing options…

Page 11: Manufacturing and the Industrial Internet of Things (IIoT)

12 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Mobility and Sensors Enable Productivity Gains

• Using IIOT to redefine “mobile”

• Objections to wearables in consumer space not an issue

• Beacons and Glass provide instant operator feedback

• Glass and Ring Scanner provide true mobile workforce, and “MRT” updates

Page 12: Manufacturing and the Industrial Internet of Things (IIoT)

13 | Plex Systems, Inc. Privileged and Confidential Information. Copyright ©2017 Plex Systems, Inc. All rights reserved.

Final Thoughts

The two use-cases illustrate two different opportunities for IIoT

• Using data to add value and services to your smart device (GenZe Scooter)

• Using smart device to add value to your internal process (Fisher)

There is actually a third opportunity

• Value in the data itself