Monetizing IIoT - real life use cases in the manufacturing space
Virtual Conference sponsored by Siemens
May 30, 2019
11:00 AM until 12:30 PM EDT
What you'll learn:
There is certainly no single, standardized way of getting started and enabling an organization to implement and monetize IloT. Our goal in this virtual conference: is to inspire manufacturers by showing approaches and perspectives that they might embrace to achieve impact at scale. In other words, our speakers will explain, using real examples, how to make money using lloT. It is always interesting how others have done it.
Register to our webinar to better understand challenges, strategic vision, outcomes and the opportunities created by IloT.
11:00 – 11:05
Greg Orloff – CBDO IIoT World
11:05 – 11:25
The State of the Market
Stephen Mellor – CTO, Industrial Internet Consortium
Like many revolutions, the exact date of the initiation of we call the “industrial internet” is not exact, but many time it toa paper by two economists in 2012. Their top-down estimate of the effect on the industrial internet on the market is huge, but their bottom-up estimate of a 1% improvement from asset efficiency was borne out in half the time.
– outlines the possibilities for the market
– positions the current state of the market
– outlines the next wave, which is already (partially) upon us, and
– looks to the future
Remember that the URL was invented 40 years ago, and Sir Tim Berners-Lee never imagined typing this up on the train with
his ticket read from his phone!
11:25 – 11:50
How IIoT is driving business value in manufacturing and other industries
Christoph Inauen – VP Strategy, Siemens MindSphere
Companies are implementing operational lloT initiatives to achieve cost efficiencies and drive optimization into the value chain. As IIoT-related costs of data collection, storage, and analytics continue to decline, companies are tackling industry challenges. New business models are also being driven from the transparency and insight that IloT enables.
This session will cover:
– Value of data across the value chain
– New revenue streams addressing key industry challenges
– Products-as-a Service
– Real customer use cases
11:50 – 12:15
Integrate Financial Information into Your IIoT Decision To Ensure Optimal Outcomes
Anton van der Merwe – Partner, Alta Via Consulting, LLC
As you consider IIoT and VR, and even as you use these new technologies to optimize operations, your CFO will always say: “Show me the money.” This session will provide insight into the silent revolution that took place over the last decade in the accounting world and the tools being used today (integrated with MindSphere) to show the CFO the money.
12:15 – 12:30
Greg Orloff – CBDO, IIoT World
– Open forum for virtual attendees to ask questions.
Stephen Mellor, CTO, IIC
Stephen Mellor is the Chief Technical Officer for the Industrial Internet Consortium, where he directs the standards requirements and technology & security priorities for the Industrial Internet. In that role, he coordinates the activities of the several engineering, architecture, security and testbed working groups and teams. He also co-chairs both
Christoph Inauen, VP of Strategy
Christoph Inauen is an International Business Executive who has demonstrated the ability to position technology and Cloud SW solutions to influence business outcomes in highly competitive industries and fast-paced environments. He acquired his knowledge through roles in business development, solution creation, product and partner management, as well as
Anton van der Merwe, Partner
Anton specializes in costing and decision support system design and implementation and has published and spoken widely on these topics. His Management Accounting Philosophy and the Debating the Principles articles led to the global adoption of a set of principles for the use of financial information in internal decision making. He
Greg Orloff, CBDO, IIoT World
Greg previously served as the CEO of Tangent Company, inventor of the Watercycle™, the only commercial residential direct potable reuse system in the country. Greg holds a Bachelor’s of Science degree in Environmental Science and Engineering from The Ohio State University, a Masters