The Industrial Internet of Things or IIoT adoption is on the rise. Yet, according to a recent IndustryWeek survey, skepticism is among the factors that continues to hold back adoption, particularly in manufacturing.

“In the next decade, data—or rather, getting the most out of your data—could be the one thing keeping you in business.”
-IndustryWeek IIoT Survey August 2019

RUMBLE CEO, Terri Foudray, was interviewed by IndustryWeek to share why she thinks IIoT adoption isn’t running more smoothly.

We agree that IoT can be complex and frustrating for the subject matter expert trying to manage a transformation process with internal resources. According to Terri, having the right partners is key to success.

“An experienced IIoT System Integrator has the experience to identify resources required for a complicated integration, source those resources and organize a project that runs to completion and delivers the expected value. Manufacturers should expect smooth seamless project integrations that keep them involved and imbued with the sense of ownership that is critical for long-term success.”

The latest version of the Gartner Hype Cycle for Emerging Technologies, just released last month, shows that IoT integration has not peaked yet, which we think is consistent with the findings in the IndustryWeek survey.

 

RUMBLE strategic partner, Cradlepoint, recently sponsored a white paper (A Sensible Approach to Smart City Projects) showing the most successful smart city initiatives have been those that started small.

“Some companies will come and try to create a global dashboard that tries to take data from every part of a city and analyze it,” said Ken Hosac, vice president of IoT strategy and business development, Cradlepoint. “The approach we’ve been taking is to find a specific targeted use case and make that use case better, or enable a use case that didn’t exist before.”

This more “sensible approach” of refining one service at a time instead of undertaking a massive project upfront has overcome the hesitancy of city managers taking advantage of smart city technologies.

The White Paper explores various facets of smart city initiatives, including:

  • Examples of smart city technologies
  • The potential benefits of smart cities to enhance the quality of living for its citizens
  • Common and pragmatic first steps in embarking upon smart city initiatives
  • Smart city pitfalls to avoid

Cradlepoint is as strategic partner of RUMBLE and the global leader in cloud-delivered wireless edge solutions for branch, mobile, and IoT networks. RUMBLE improves business performance by designing and deploying custom end-to-end IoT solutions with ROI built-in. To discuss your specific smart city challenge, click Ready to Rumble.

RUMBLE co-founder Perry Lea recently scribed an in-depth analysis and recommendation for connecting industry and manufacturing through the adoption of Industry 4.0.

In his 12-page dissertation Connecting Industry and Manufacturing, Lea provides a historical analysis of the first three Industrial Revolutions and how their adoption and adaptation has helped manufacturers achieve production growth. But as he introduces Industry 4.0 to his audience, he reinforces its implementation as a quantum leap in how manufacturers will do business in the future by moving past reactionary industry.

“All of these tools of modern industry are reactionary,” writes Lea. “What is needed are systems that extend beyond reacting in a predictable manner to a set of prescribed events, to cyber-physical systems where the factory (the system) responds to observed and predicted events.”

Four Things IIoT Needs

Lea reviews the four phases outlined by the World Economic Forum, in anticipation of the macro effects of Industrial Internet of Things (IIoT), needed to achieve the benefits of fully autonomous manufacturing:

  • Phase 1 – Operational Efficiencies. Taking full advantage by closing the gaps of industries not fully embracing Industry 3.0.
  • Phase 2 – New Products and Services. Examining and incorporating pay-per-use models, software-based systems and monetization of data.
  • Phase 3 – Outcome Economy. In this phase, manufacturers examine pay-per-outcome economies by going beyond pricing their products based on demand or operational margin alone and factoring in the value the customer places on their product into the mix.
  • Phase 4 – Autonomous, Pull Economy. This is the IIoT goal – a demand-driven, globally- connected, demand-sensing and predictive system that connects what was once perceived as dumb or un-connectable into an interactive and intuitive business tool.

Lea spends the remaining pages of this white paper detailing the many benefits of a pull economy through IIoT and digital transformation and outlines six best business practices for manufacturers to consider immediately to take advantage of these benefits. He closes the document with a thought-provoking invitation on “where to go next.”

Perry Lea, co-founder of RUMBLE, is a 27-year veteran of the technology industry. He’s served as a technologist, strategist, business developer, entrepreneur, researcher, and inventor. He is the author of over 50 patents and the Amazon best-seller “The Internet of Things for Architects.” He holds three engineering degrees and a postgrad degree in electrical engineering from Columbia University.

Terri Foudray, Founder and CEO of RUMBLE, recaps an exciting week at IOT World in Santa Clara, California. All the giants in the industry were here sharing learning and discussing what is on the horizon. It’s all about data and its power to drive revenue, increase efficiency. She met one business after another who are full-on engaged in providing their customers with point solutions in IoT. They are a platform, a security service, a communications tool, a sensor, a data management service, or another piece of the complete picture. Whether it is Smart Cities, Manufacturing, Transportation, Healthcare, or any other industry, organizations are adopting IoT solutions and those that aren’t, will be left behind.

 

Internet of Things World kicked off at the Santa Clara Convention Center May 15th with a lineup of powerhouse speakers. The message was clear and consistent, the Internet of Things (IoT) is not only here, it is driving change and improving business across all industries. Data is power and those who know how to use it, will win!

Outstanding Lineup of IoT Experts Spoke at IOT World 2018

Avnet’s Vice President, Internet of Things, Lou Lutostanski, spoke on IoT in Action: De-risking IoT for Market Deployments. We ran into each other in the hall after his presentation and we talked about how RUMBLE could partner with Avnet utilizing our situational intelligence software, the Ronin Platform from Coolfire. He asked me if my friends have any idea what I am talking about when I tell them what I do? My response: not really. We both laughed and knew we had found kindred, geeky souls in each other. What Lou and I agree on is that architecting a solution in IoT is not easy and not for the unqualified. It is complex and can be costly if things go wrong. And, it always needs to start with a business solution.

Russ Benson, Vice President, IT, Boeing, spoke about the fact that Boeing didn’t invent flight, but they have reinvented it many times since then. Everything is connected in the Boeing engines and prescriptive analytics is their focus. Juan Perez, Chief Information & Engineering Officer at UPS, has gone from being a UPS driver in Beverly Hills 90210 (no kidding!) to running their data value stream. Juan said that UPS is a technology company that happens to deliver packages. Using data to decrease driving distance for each UPS driver by one mile a year is worth $50M annually.

Tony Shakib, General Manager, Internet of Things and Intelligent Cloud, Microsoft, talked about the recent announcement of Azure IoT and the significant advantages it presents to companies building IoT solutions in the cloud with much of the necessary tools already present. He said Microsoft is doubling down year-over-year on IoT and that it is one of Microsoft’s top priorities.

Bob Bennett, Chief Innovation Officer for Kansas City (RUMBLE’s hometown), was part of a Smart Cities panel that included representatives from San Francisco and Portland. Bob made the point that he is not interested in tech for tech sake. It all has to start with a benefit for the citizens of Kansas City and result in his 16- year-old daughter choosing to live in the area when she grows up because the metro delivers the connected world she has come to expect.

I saw one person sitting by himself and went up to introduce him to Rumble. He turned out to be Markku Moilanen, Head of IoT Industry Partner Marketing for Ericsson. He’s a big deal! You bet I’ll be following up with him to see how we might work together. I also met Douglas Standley, CEO niolabs. Doug is a recognized leader in the design of disruptive technology innovation strategies and new ventures. At nio, he’s built an exceptional team and patented architecture that enables advanced, streaming logic and actuation to be distributed throughout any system and architecture: chip-to-cloud, peer-to-peer, or client-server.

I also met Daniel Obodovski, author of The Silent Intelligence, which is a book about the Internet of Things phenomenon. Daniel’s technology firm, of the same name, consults with companies to help them succeed in technology commercialization and deployment and leveraging the value of data. We also connected with Franco Potepan, Director, Product Management for Eurotech, a frequently featured speaker in high level IoT focused events. And, Peter Orban, Chief Commercial Officer for Augmate, which empowers enterprise IT to securely manage IoT and wearable devices. These people are huge in this industry! The list goes on and on. The fact is, if you want to play in this fast-changing, industry-revolutionizing space, you’ve got to be meeting these people and engaging them. We are and will continue to do so.

It’s All About the Data

It’s all about the data, baby: collecting it, transferring it, organizing it, analyzing it, protecting it, and making decisions from it. Everyone at IOT World fits into one of these categories, or more, with the exception of the back-massaging device I got talked into buying. There are big companies including AWS, Microsoft, SAP, Juniper, Verizon, Avnet, Google Cloud, Mastercard, and T Mobile. And there are smaller companies here like Jerasoft Limited that provides IoT billing solutions for providers, or HarperDB . I’d read about HarperDB’s launch about a year ago and thought they were cool, and here they were in person! They named their company after one of the founder’s dogs.

All these businesses are full-on engaged in providing their customers with point solutions in IoT. They are a platform, a security service, a communications tool, a sensor, a data management service, or another piece of the complete picture. If you are into IoT, really, you are here. Whether it is Smart Cities, Manufacturing, Transportation, Healthcare, or any other industry, organizations are adopting IoT and those that aren’t, will be left behind.

RUMBLE is Unique

There are not any companies, other than Avnet, doing what we do at RUMBLE. There are no companies besides RUMBLE who have distinguished authors like Perry Lea, The Internet of Things for Architects, working with them. There are a few custom software development companies here, but they are not IoT engineers and implementers. As they say, we are outstanding in our field, literally standing in our field by ourselves!

We are excited to be interacting with these industry giants. Internet of Things World 2018 lived up to expectations and delivered new partnerships, learning, and challenges for the RUMBLE team. We continue our quest to bring the best of IoT, Data Enabled Performance Improvement, Robotics, Blockchain, and other cutting- edge solutions to our clients. Let us know what we can do for you!