Optimizing Industrial operations with IIoT and Artificial Intelligence
Virtual Conference sponsored by Siemens
September 10, 2019
11:00 AM until 12:30 PM ET
What you'll learn:
Spending on Artificial Intelligence (AI) Systems will reach $35.8 Billion in 2019, an increase of 44% compared to 2018. About 75% of enterprise applications will use AI by 2021, according to IDC. Discrete and process manufacturing will complete the top five industries for AI systems spending in 2019. Five use cases will see spending levels greater than $2 billion in 2019.
In this webinar, we will explore a few applications that could be developed using AI in industry, from predictive maintenance of equipment to digital twins of products, used for optimization, simulation, and decision-making.
Agenda:
11:00 – 11:05
Welcome Introduction
Speaker
Greg Orloff – CBDO, IIoT World
11:05 – 11:25
Operational AI paving the way to the “operationally intelligent organization”
Speaker
Remy Glaisner – Research Director, IDC
Session Description:
The combination of AI and a new array of IIoT-generated data is core of the “Operational AI”. However, Operational AI requires engineering and data science support from both the user and the customer. It also requires a good data management plan and data governance model. While the potential for operational AI is very high, business and IT executives need to apply resources wisely and commit to managing the data to deliver the expected returns.
In this session, we will explore:
– How the merging of AI and the Industrial Internet of Things (IIoT) acts as a critical enabler for the transformation of Operations
– Discuss best practices making Operational AI a crucial catalyser for the “operationally intelligent organization”
11:25 – 11:50
How IIoT & AI is driving business value in industrial companies
Speaker
Timothy Wormus – VP Americas Presales, MindSphere, Siemens Industry Software
Session Description:
This session will outline:
– How to apply the appropriate technology solutions to the challenges specific to manufacturing, size, and corporate goals, in order for them to best achieve tangible returns
– How you can get started with little cost and risk, and scale fast
– Real customer use cases
11:50 – 12:10
Maximizing Asset Performance with AI and IIoT
Speaker
Sanjeev Heda – Senior Industry Consultant, SAS
Session Description:
This session will cover:
– Overview of the typical journey operators would go through in enabling Asset Performance Management and values from industry
– What has changed with IIoT (e.g., proliferation of data, connectivity, information)
– How to utilize this data and create value and the balance of processing data on edge/cloud
– How using AI can unlock tremendous value in IIoT, focusing on use cases such as Computer Vision in Manufacturing
– Customer use cases and applications (e.g., Volvo, Wabtec)
12:10 – 12:30
Panel Discussion/Q&A
Moderator
Greg Orloff – CBDO, IIoT World
Session Description:
– Open forum for virtual attendees to ask questions.
Speakers
Remy Glaisner, Research Director at IDC
Remy Glaisner is a Research Director at IDC responsible for the IT/OT Convergence Strategies program. Mr. Glaisner’s core research focuses on technology shifts, organizational pressures, and market conditions caused by the digital transformation of operational industries like manufacturing, oil
Timothy Wormus, VP Americas Presales
Tim is a leader in the intelligent application of analytics technologies, including the open cloud based operating system for the IoT MindSphere. He has held development and market facing roles at Genedata, Inc., Tibco Spotfire, Perkin Elmer, and H2O.ai. Today, he acts in a leadership role for Siemens as VP
Sanjeev Heda, Senior Industry Consultant
Sanjeev Heda is a Senior Industry Consultant for SAS Institute’s Global IoT Division. He provides thought leadership and expertise to drive advanced analytics solutions across the industry in support of the Internet of Things. He helps customers uncover value and drive improved business outcomes from the growing volume of connected devices,
Greg Orloff, Industry Executive, 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 of Business Administration in
