*This episode of the Industrial IoT Spotlight podcast is sponsored by PTCIn this episode, we discuss pilot purgatory in industrial IoT deployments and how to build scalable IIoT solutions.What is the difference between proof-of-concept (POC) and proof-of-value (POV)? What are the 6 steps to IoT deployment success? What are the 3 essential components for building a successful IoT use case?Jeff Miller is the Vice President of Advisory Services at PTC. The Advisory Services practice delivers pragmatic, actionable, success-focused advice that leverages PTC's industry leadership in IoT technologies and business solutions.Key Takeaways:Proof of Concept (POC) is the proof that the technology will work technically in the existing organizational infrastructure and processes.Proof of Value (POV) is the conclusion that problems have been addressed and value has been created and measured.The gap between the POC and POV is the root cause of pilot purgatory scenario in which pilots fail to scale into organization-wide implementation.There are 6 steps to successfully implementing IoT, and it is important that these steps are done in order: 1) Business strategy alignment, 2) Feasibility check (technologically and culturally), 3) Technology alignment (POC), 4) Use case identification, 5) Roadmap building, 6) Value measurement (POV)There are 3 critical components to successfully build a use case: 1) Valuable: the problem that is solved has to be a real business problem, 2) Scalable and transferrable: technologies have to be crafted in a way that is meant to be scalable and transferrable from the beginning of the project, 3) Measurable: metrics should be agreed upon by all stakeholders and measure value created" />

*This episode of the Industrial IoT Spotlight Podcast is sponsored by the Industrial Internet ConsortiumWe discuss the IIC's approach to security in an industrial context. What are the differences between consumer-facing and industrial applications of IoT when it comes to security? How did tinkering with a hotel lighting system evolve into securing industrial IoT systems? How should we view security and secure industrial IoT systems?Jesus Molina discusses his views of security, common misconceptions around cybersecurity, and his approach to securing IoT systems.Jesus Molina is the Director Of Business Development at Waterfall Security Solutions Ltd. He is also the co-chair of the IIC Security Working Group." />

Ed Kuzemchak of Software Design Solutions tells us what IoT really is and is not, and how to extract value from it. We discuss how Ed started his business on the premise of data analytics, and his view on the differences between consumer and industrial IoT from a data point of view. We also discuss where we are today in leveraging and extracting value from big data, and his 3 step process for path to product.Ed Kuzemchak is the Founder of Software Design Solutions. Software Design Solutions provides consulting and embedded software development services.  " />

*This episode of the Industrial IoT Spotlight Podcast is sponsored by the Industrial Internet ConsortiumWe discuss the IIC test bed for smart manufacturing connectivity for brownfield sensors.What are the key challenges to implementing IoT sensors and technologies in brownfield environments? How can we ensure that all technologies and business processes have interoperability with each other? How will communication standards evolve in the industry in the future?Michael Hilgner of TE Connectivity explains to us the challenges and best practices of implementing connected sensors in a brownfield environment.Dr. Michael Hilgner has engaged himself in communication infrastructure and high-frequency components design in diverse roles throughout his career. In his current role as Manager Consortia & Standards at TE Connectivity’s Industrial Business Unit, he provides his experience to international standardization activities and industrial user groups in the areas of industrial networks, fieldbuses and cabling systems. In addition to his engagement at IIC where he leads the Smart Manufacturing Connectivity for Brown-field Sensors Testbed, Michael contributes to several Industrie 4.0 working groups to detail I4.0 requirements and technologies for active and passive infrastructure components." />

*This episode of the Industrial IoT Spotlight Podcast is sponsored by the Industrial Internet ConsortiumWhat are the differences between Greenfield and Brownfield IoT deployment environments in terms of security? How does security relate to trustworthiness? What are the best practices for IoT deployments?Sven Schrecker explains to us the IIC view on system security and why the trustworthiness of a system matters.Sven Schrecker is the chief architect of IoT security solutions at Intel. Sven is also the co-chair of the IIC Security Working Group, co-chair of the IIC JTG5 Security Team and a member of the Industrial Internet Consortium Steering Committee.Links mentioned:IIC Security framework: https://www.iiconsortium.org/IISF.htmIIC Security Maturity model: https://www.iiconsortium.org/pdf/SMM_Description_and_Intended_Use_2018-04-09.pdfIIC Journal of Innovation on Trustworthiness: https://www.iiconsortium.org/journal-of-innovation.htm" />

*This episode of the Industrial IoT Spotlight Podcast is sponsored by the Industrial Internet ConsortiumHow can the IIC business strategy and solutions lifecycle task group help to de-risk the adoption of IoT in enterprises? What is the framework for understanding IoT in the context of business transformation? What is the real impact of IoT that forecasts are unable to capture? What is the impact of the IoT platforms market on the acceleration of IoT adoption? The adoption of IoT is not a step into the unknown; it has been diagnosed and has an envelope around it. Putting together 10 years of software, 10 years of hardware, and 10 years of communications experience, the IIC business strategy & innovation framework allows project managers and executives to understand and manage the scope of the challenges that come with implementing IoT in traditional organisations. Jim also discusses the real impact of IoT in the economy beyond predictions of devices and market value, and how to develop internal capabilities to harness the power of IoT in an organisation. We also look into the IoT platform market as an accelerator for adoption and scale, and discuss the future of this highly dynamic market. Links Mentioned: IIC Business Strategy & Innovation Framework " />

One of the biggest challenges still standng in the way of mass adoption of Industrial IoT solutions are the knowledge gaps that exist in the ecosystem. Bridging these gaps is a monumental task due to the mere complexity of the technology and the unconventional value chains that drive the Industrial IoT market.In the third installment of the "Ventures in Industrial IoT series" brought to you by GE Ventures, we are pleased to have Derek Kerton, Managing Director of the Kerton Group with us to discuss how end users can still drive innovation despite of the very challenging prevailing market conditions. " />

Never has there been a trend in recent times that has been reshaping the industrial world quite as much as digitalization. and as such many firms have embarked on a digitalization strategy of their own. However, the digital transformtion race is a competitive one and many firms are finding themselves on the losing end of this race. In the fourth installment of the "Ventures in Industrial IoT series" brought to you by GE Ventures, we welcome back Michael Dolbec, Managing Director of venture investments and M&A at GE Digital who will be discussing with us how firms can better prepare themselves to overcome bottlenecks in the process and set themselves up for success. " />

Despite of its potential to revolutionize industry and solve a lot of the world's biggest problems, IoT is still a very niche area and has even garnered a reputation of being somewhat nebulous at times. This has proven to be a nightmare for many product development managers who want to devise a cohesive IoT product strategy.In the fifth installment of the "Ventures in Industrial IoT series" brought to you by GE Ventures, we get back to basics with TechProductManagement's Daniel Elizalde. Daniel is the creator of the IoT Decision Framework which helps product leaders make informed decisions about adding digital value to their products in an intuitive step-by-step manner. " />

Far from being merely an isolated one-off event, digital transformation needs to be seen as a journey - a long and intensive one. In the sixth installment of the "Ventures in Industrial IoT series" brought to you by GE Ventures, we are pleased to have with us Maciej Kranz, VP of corporate strategic innovation at Cisco Systems and author of the book "Building the Internet of Things: Implement New Business Models, Disrupt Competitors, Transform Your Industry" on the show to share with us more about some of the insights in his book and other advice on how firms can successfully embark and sustain their digitalization journey.    " />

The Industrial IoT ecosystem globally is comprised of hundreds of organizations, standards bodies and consortia all working together to better serve end users and drive adoption of the Industrial IoT. Having said that, startups need to evaluate for themselves if it is more meaningful for them to join a standards body or just work directly with a particular company such as GE. In the seventh installment of the "Ventures in Industrial IoT series" brought to you by GE Ventures, Michael Dolbec, Managing Director of venture investments and M&A at GE Digital is back in the third and final part of his discussion with us on how GE is not just financing but also providing strategic direction as well as ecosystem support to startups.   " />

Many consumer-facing startups like Tinder and Snapchat soak up all the publicity and media attention while many of the Industrial startups that are truly transforming our world are deemed not "sexy" and fall under the radar. As a result, many of these startups also do not receive adequate support from corporate investors and venture capital firms that are critical to growing their businesses. In the eighth installment of the  "Ventures in Industrial IoT series" brought to you by GE Ventures, we are excited to have with us Ravi Belani, Managing Partner of Alchemist Accelerator who will be sharing with us about how his accelerator works with the companies in their portfolio and with corporates to develop the competence of these "unsexy" startups through collaboration. " />

What does adopting an IoT perspective mean to you? With a concept as broad and with as many ecosystem players as the IoT, this is a question that is likely to get you a range of answers depending on whether you talk to a technologist, an executive staff or an academic.   In the ninth installment of the "Ventures in Industrial IoT series" brought to you by GE Ventures, be prepared for a highly dynamic discussion with Tim Chou, Executive Chairman of Lecida and author of the book, "Precision: Principles, Practices and Solutions for the Internet of Things" to share with us more on what he thinks adopting an IoT perspective really means to a firm and how it can impact the way it does business. " />

It is conventional wisdom that the way tech startups operate is fundamentally different from traditional companies. As technopreneurs in the Industrial IoT space, it is vital that you are aware of the reasons behind this difference when dealing with clients coming from traditional industries or vice versa so that you can approach these business dealings in a more strategic manner.  In the tenth and final installment of the "Ventures in Industrial IoT series" brought to you by GE Ventures, Ariel Stern talks to us about how the gap between tech and traditional companies can be bridged, drawing from the deep knowledge and experience he has accumulated at the helm of his own tech startup, Ayyeka.   " />

*This episode of the Industrial IoT Spotlight Podcast is sponsored by the Industrial Internet ConsortiumWhat are the barriers to adoption of IoT in organisations? How can solution providers guide clients to realise the full value of IoT? How can end users successfully use IoT to drive quantitative business value?We discuss the 6 steps to IoT success in an organisational and industrial context. The framework developed by Peter for the IIC formalises the discussion around the implementation of IoT and heavily emphasises organisational factors that may derail success. Peter Klement is the IoT Lead of DXC. DXC is the world’s leading independent, end-to-end IT services company, helping clients harness the power of innovation to thrive on change. Created by the merger of CSC and the Enterprise Services business of Hewlett Packard Enterprise, DXC Technology is a $25 billion company with a 60-year legacy of delivering results for thousands of clients in more than 70 countries. Our technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. Contact Peter: pklement@dxc.comThe next IIC meeting will be in Chicago the week of September 12th to 15th, the Q4 meeting will be in China on November 16. Non-IIC members are welcome to stop by and meet the community so please do make an effort." />

*This episode of the Industrial IoT Spotlight Podcast is sponsored by the Industrial Internet ConsortiumWhat are the only five questions you should ask to determine which communication standard to use? How should we handle the challenge of defining standards? What does the vastness and confusion of the IoT market mean for technology solution providers? Stan explains to us how the IIC is helping to define standards in communications by clarifying vocabulary. He also explains to us the origin of the IoT hype and how both industrial and technology companies should do to succeed in this market.  " />

*This episode of the Industrial IoT Spotlight Podcast is sponsored by the Industrial Internet ConsortiumHow to think about building an IIoT solution to provide business value? How to communicate IIoT solutions to corporations who want to implement some “IoT stuff”? What is the role of organizations and associations in accelerating adoption of IIoT solutions? Mitch gives us an overview of the manufacturing quality management testbed at IIC in conjunction with Huawei and Haier. He also gives advice on the process of conceptualizing an IoT product, and how to best go to market with it. Mitch is a managing member of Tseng InfoServ, and a distinguished consultant to Huawei at the IIC. He is also the co-chair of the IIC Innovation and Edge Computing task groups. " />

How to engage customers and speed up the sales process? How to get a sale out of a production plant fire? How should you price SaaS so that it encourages engagement and referrals? How to identify who isn’t pulling their weight on a power grid system?Drew explains his sales philosophy and lessons learnt. We also explore a few case studies that makes use of Alluvium Primer to increase data processing and decision making speed from months to minutes. " />

Where within the chain of operation in an industrial company is the best place to insert a piece of software? Is a bus system just a bunch of big computers moving around on wheels? Does machine learning hold the answer to maximising the value of each interaction between humans and software? Are we all data engineers regardless of what our name card states?Drew explains how to take heterogenous data streams and distill it into a stability score that is an index of operations and produce high value alerts. We also explore human machine interaction to build a model more effectively than a fully unsupervised method. " />

What is the similarity between stability and the S&P 500 index? How can we use data to identify fire risks and where to best open a coffee shop in New York City? From using regression to identify fire risks in New York City to managing complex process control, it all comes down to getting the right information to the right person at the right time to make a decision. Drew explains what stability means, and the tension between  machines and people as it pertains to data. " />