Using IoT Data to Predict Product Failures and Slash Inventory Costs
An IoT product's log files speak volumes about what's happening with your
products in the field, pinpointing current and potential issues, and enabling
you to predict failures and save millions of dollars in inventory. But until
recently, no one knew how to listen.
In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at
OnProcess, will discuss recent research by Massachusetts Institute of
Technology and OnProcess Technology, where MIT created a new, breakthrough
analytics model for spare parts forecasting and inventory planning using
connected-product failure predictability. He'll show how, by analyzing IoT
data, you can slash both costly inventory stock and stock-outs, and meet
heightened customer expectations for repairs and uptime.
Dan Gettens drives OnProcess' Analytic... (more)
I moderated a panel of three CIOs last Sunday at the Solix Empower conference
on the subject of data-driven enterprise. The three CIOs came from different
industries. Marc Parmet of the TechPar group spent many years at Avery
Dennison after stints at Apple and IBM. Sachin Mathur leads the IT
innovations at Terex Corp., a large company supplying cranes and other heavy
equipment. PK Agarwal, currently dean at Northeastern University, used to be
the CIO for the Government of California. Here are some of the points
I reminded the audience that we are at the fourth paradigm... (more)
Organizations have key business processes that they are constantly trying to
re-engineer. These key business processes – loan approvals, college
applications, mortgage underwriting, product and component testing, credit
applications, medical reviews, employee hiring, environmental testing,
requests for proposals, contract bidding, etc. – go through multiple steps,
usually involving multiple people with different skill sets, with a business
outcome at the end (accept/reject, bid/no bid, pass/fail, retest, reapply,
etc.). And while these processes typically include “analytics” that... (more)
DELL EMC’s Isilon division has been working with Major League Baseball
Advanced Media (MLBAM) to create a data lake that provides a seamless process
to add and maintain massive amounts of video data to serve their baseball
fanatics (like me). Here is a cool 2-minute video that shows how they did
it. The company operates the official web site for the league and the
thirty Major League Baseball club web sites via MLB.com, which draws four
million hits per day. It also provides the backend-streaming infrastructure
for WWE Network, HBO NOW, NHL etc.
The data lake is a great reposit... (more)
How Software Is Eating the World of IoT
The many IoT deployments around the world are busy integrating smart devices
and sensors into their enterprise IT infrastructures. Yet all of this
technology - and there are an amazing number of choices - is of no use
without the software to gather, communicate, and analyze the new data flows.
Without software, there is no IT.
In this power panel at @ThingsExpo, moderated by Conference Chair Roger
Strukhoff, panelists will look at the protocols that communicate data and the
emerging data analytics that bring its full value to the enterpris... (more)
Gamification and Rewards Programs Utilizing the IoT
Download Slide Deck: ▸ Here
Most people haven't heard the word, "gamification," even though they
probably, and perhaps unwittingly, participate in it every day.
Gamification is "the process of adding games or game-like elements to
something (as a task) so as to encourage participation." Further,
gamification is about bringing game mechanics - rules, constructs, processes,
and methods - into the real world in an effort to engage people.
In his session at @ThingsExpo, Robert Endo, owner and engagement manager of
Intrepid Data, ... (more)