GE Aviation joined PI in 2015 to discuss the foundation of their digital vision and strategy which centered very much around the alignment of their engineering processes. With data residing in multiple places and formats globally, consolidating this information into one place to maximize speed, visibility and efficiency, was near impossible. That is, they hoped, until they embarked on their digital transformation journey which leveraged GE’s parent company success within the Industrial Internet space.
A year on, and after an aggressive execution, they are now aligning their efforts not just with digital engineering practices but with an entire, fully digital organization. Armed with a year's worth of successes, challenges and practical applications, the team return to continue their story.
This session covers:
IoT, M2M, ubiquitous connectivity, cheap sensors, Big Data, smart devices, these are all examples of technology that is driving massive change within product development and how companies engage their customers. There has been extensive speculation around the true impacts of this 'third wave of IT' productivity, but the general consensus today is that it will disrupt traditional business models and shake up their executive owners if not planned for properly. Look at what ride sharing and autonomous vehicles are doing to the automotive industry today.
No matter how successful you've been to date with your product business realize that incumbent players will succumb to new services players that were more prepared to embrace the changes coming to markets. Companies will have to increasingly design and merge machine data streams with product technology features and mobile devices to improve services and change customer delivery models at a rapid pace to be successful in the connected world.
As companies prepare to adapt to this evolution and attempt reap the rewards, you need to begin to ask different questions than in the past about business, culture and technology.
This presentation explores how data streams will shift the business from selling things to selling a services and discuss the various aspects of the technology and cultural changes that will be needed to enable hyper innovation cycles based on readily available data streams coming from devices.
In this interview Hayder Wokil, the Mobility and Automation Director at Volvo Trucks explains how Volvo exploits the benefits of connectivity to develop customised trucks and services for their customers.
He foresees that trucks will be able to monitor their own health in real-time, promoting easier and quicker service which would lead to higher productivity for all concerned – drivers, workshops and haulage firms.
Furthemore, synchronising the service needs with the truck’s operating timetable the nearest workshop will be booked at a time when the vehicle would not normally be in operation, for instance at night or when the driver has to take a legislated break.
As the connectivity potential for trucks continues developing, vehicles will be able to be specified to suit not only each individual customer but also every single operation to maximise cost efficiencies.
Successful companies are those that maximize their visibility, mobility and profitability from the C-suite level. Markets are volatile and to stay ahead of the competition, it is essential that key stakeholders and decision makers have accurate, timely and transparent data upon which to act. While for a long time PLM was heralded as the must-have technology, in reality it has not provided the senior management easy access to the information they need.
Mark Halbish joins PI to discuss:
To break their existing landspeed record, the Bloodhound SSC team are pushing the boundaries of technology and engineering, aiming to take a car towards 1,000 mph (1,610km/h). That's faster than the bullet from a Magnum 357 or equivalent to the length of four and a half football pitches in 1 second.
In this PI Keynote we hear firsthand about the challenges that this unique engineering feat create and gain insight into the truly innovative thinking demanded by such a project.