Entering the Fray Differently in Industrial IoT Platform Solutions

We have ABB forming a JV with Dassault Systems. We have Rockwell firstly linking up with PTC and now a Rockwell and Schlumberger tie up. They will significantly make a difference in the complexity of those offering  Industrial IoT platform solutions.

What do these strategic moves mean to the IIoT market and to potential clients?

In some way, they indicate levels of consolidation, the realism of how to compete, and catch up with the bigger IIoT Platform investors today, that have been pushing and pioneering the IIoT market.

The two, GE with its Predix IIoT platform and Siemens and its Mindsphere one, are equally facing a certain crossroad in future decisions. I’ll outline later in this article or have raised questions previously in past posts. The impact of these competitors joining the fray is certainly announcing this market is getting highly competitive.

What will be future decisions for others offering more niche platform solutions as well, such as Bosch and Schneider Electric? More is yet to come but when you begin to see multiple announcements in acquisitions, partnerships, and JV’s, then you know the market is entering its next phase of growth – that crossing the chasm, one that is entering a very competitive positioning to grab market share and client wins. Investment decisions are perhaps about to get even bigger or solution sets more “imaginative” to attract clients into making their commitments.

Firstly, a short snapshot of the recent Partnership announcements Continue reading

The Ability to Scale and Collaborate in Platform Thinking.

 

Credit Tatiana Plakhova @ complexitygraphics.co

For no specific reason, I went a little quiet on my posts on this site recently. There was not one reason, it felt that February just slipped by.

Actually, I can partly explain it as it was partly caught up in a project that took more time than I expected.

Also partly caught up in a lot of mixed feelings that held me back, so I got a little blocked in my thinking. You do have moments like that but you eventually work through them and “something” unblocks and things start to flow again.

Suddenly in the first few days of March, like Spring arriving, it was a very different burst of energy, well actually more insights, that have kicked off my month well. Continue reading

Are PTC and Rockwell Automation Delivering the Connected Enterprise?

In June 2018 we saw that Rockwell Automation (ROK) made a $1 Billion investment into PTC that will give Rockwell just under a 9% ownership interest in PTC. I decided to wait to look at this. Now here is the time for a review eight months later.

I have made initial snapshots (all separate links) on Schneider Electric, Bosch, GE, Siemens, ABBAlibaba and Baidu to look a little deeper at their platform offerings. I still have to dig into Azure and AWS sometime but this partnership of a leading software provider in the IoT space and Rockwell, dedicated to industrial automation takes precedence, as my primary focus is on platforms and ecosystems in business IIoT.

Rockwell had not responded up to this point in a strategic way to the very strong pushes, led by their largest competitor, Siemens on IIoT platforms. Siemens has been building their Mindsphere offering in their own unique purposeful ways.

This move and partnership between Rockwell and PTC might change the game significantly. PTC will be supplying a real IIoT backbone of platform components and are rapidly delivering an integrated industrial digitalization solution.

Slapping $1 billion on the table really does potentially transform both businesses. Continue reading

The IIoT digital solution platform market- late 2018 round-up of my observations.

Do you know your platform solution?

Knowing your digital solutions is key to choose industrial platforms, as they might not meet your exact needs

What is under the hood of an Industrial Platform solution? What do you look for?

IIoT Platforms are still under significant construction

How do you judge the platforms that are out there?

Companies have this essential need to build an IoT platform today, or be at least very active partner in one, or even many, to fit their business goals. A platform connects, it connects your world with the rest of the world. Often when we talk about IIoT, it can get easily confused with IoT. Actually, IIoT, grew out of the other, IOT.

IoT is mostly about making the human interaction with the object(ives). IIoT is about connecting devices, sensors, building and improving manufacturing execution systems then applying intelligence and analytics to understand or improve the performance of the existing devices. The aim is to monitor, build parameters, sophisticated controls and search for solutions that will lessen the downtime and improve the productivity of the asset.

McKinsey estimates that the Industrial Internet of Things will create $7.5T in added-value by 2025. IIoT has been valued at around $255b as a market in 2025 (a past GE estimate). These two seem to offer very different estimates. In many ways, we are all confused and still guessing or predicting, because of so much uncertainty and not honestly knowing what comes next in technology invention that changes the position. We have learned, in our engagement and growing reliance just on the smartphone.

We have all learned to adapt and adopt so differently, as we connect more and more. In the IIoT world, there is predicted value across all of the connections (McKinsey view)  and as we see more solutions emerging, as ways to serve that “connected” need market growth will more than likely simply accelerate away. Speed, scale, scope are all accelerating away, and as companies, we need to find our positioning in this evolution and industrial internet. The 4th Industrial revolution is well-under way.

Let me provide a snapshot, my view, of where IIoT platforms-as-a-service sit today. Continue reading

Wrapping yourself around IoT software stacks. Not easy to digest.

Software stacks. This conquers up a certain mystery for me, so I decided to order up a plate to see if I can digest all they seem to be offering.

I am constantly reading about “stacks” when it comes to technology design. The IoT stack is becoming the “Thing Stack”. Really? Need to understand that.

Technology has layers that constantly are adding (stacks) of complexity. Each layer needs to be designed to integrate and communicate with the other layers in the stack.

So far so good for a layman like me but lets now dig in.

It is when we get to the open question of “what is a full stack” it gets more complicated.

This possibly means how much can you eat (consume), how hungry you are or how complicated your business is to determine the needs of a “full stack. Hence why I went for my pancake stack as you are always asked: “how big a stack do you want?” Continue reading

Innovation is Changing Partly Due to the 4th Industrial Revolution

There are twin forces at work, feeding off each other and innovation can become the greater unifier. We are facing greater disruption and an increasing innovation and technology pace. These are constantly combining, relentlessly adding a new shape to our future. We are actually caught up in a very revolutionary period.

The days of simple product innovation are dwindling. It is through the fourth industrial revolution (also known as Industry 4.0), currently being undertaken, that technology, talent, and new innovation ecosystems are emerging – building greater complexity into our final innovation offerings. Intelligent automation and technology are fueling this new industrial revolution. And this unprecedented, exponential pace of change is increasingly reliant on collaborative platforms to realize the result: more radical innovations.

Innovators struggle to manage in a new way

Organizations everywhere are facing mounting pressure to transform – to shift from product-centric business models to new models focused on creating and capturing different sources of new value, resulting in new, far more connected, Business Model offerings that can transform their business. As a result, innovation is becoming more complex, it is capable of breaking issues down through a greater collaboration and connected environment.

At the heart of this transformation is the fourth industrial revolution. Here, manufacturing is fast becoming the digital manufacturing enterprise (DME). The DME is designed to increase response rate and manage in more efficient, connected, and effective ways. There is this growing recognition that everything needs to be connected to bring a different perspective to any global value chain –one of being far more responsive and bringing manufacturing closer to the customer need. Continue reading

Defining Ecosystems in Industry

Defining Ecosystems in Industry

In a recent exchange, actually, on twitter, we were discussing definitions of platforms for IoT or IIoT, defining ecosystems in industry. This was to shape a story to be told.

We got into the “how” to position them and in these exchanges, we eventually arrived at the question of Ecosystems, of “What defines ecosystems within an industry?”.

There is growing value in engaging in business ecosystems and let me offer the “why” and move you through the “what” towards the “how.” I felt it needed my “take” on defining Ecosystem design for Industry.

The present growing use of the word “ecosystem” has been born or borrowed (for industrial use) from ecology but it is not appreciating the understanding as well as it should do.

We in an industry do need to understand this, embrace it and interpret it in this ecological way, or design the Eco-friendly intent in a clear, game-changing way, that allows us to move forward at higher increased rates of change.

So the issue is what does make up an Ecosystem and make it stand apart and be valued for what it brings. Continue reading

Great Apps will deliver the future business value in IIoT

Technology is radically altering our need for innovation. We see increasingly innovation is feeding off the “digital response rate” and how we build and design the application software will transform IIoT as it has for our personal world (B2C), where we download apps on a daily basis to solve a problem or to improve our understanding.

So what is an app? An app is a modern term for a software application, and it is most often used in reference to a mobile app or a small piece of software that runs on a website. It has made significant inroads into B2C offerings, less so on B2B.  It’s typically used to describe anything that isn’t a full-fledged software program, but even that line has become blurred by those developing this apps become more creative and ta into value points for specific application. Typically apps sit on a platform and we download them or simply access them.

The capabilities of these apps vary greatly today, but some companies have started to push the boundaries of what these apps can do, turning the devices into fully functional work tools. Mobile-device management software will explode within the IIoT space. As we grow more enterprise networks the market for smart devices and/or embedded intelligence production processes will see an increase in growth. Apps will allow for a greater building out of our diagnostic needs as well as enable smart nodes. They will assist to combine experience-based knowledge with contextual automation device data and solve problems quicker as a team or send this specific data for analysis and response.

Connecting technology and innovation is altering how we should re-access organizations ability to build out. We are in the middle of a technological-led industrial revolution It is becoming highly dynamic. Apps are a critical part of the building block.

Using an app with new innovations and approaches can provide new functions by tapping into the local power of devices where tablets and smartphone operate as mini-supercomputers on site that is full of sensors, and designing specific apps to explore capabilities and rapidly “feedback” data that has potential value, often called “event management” or experience understanding. Continue reading

A Statement of Ecosystem Intent Inside Our Business Enterprise- the CEO letter currently missing

Ecosystems have become a really hot topic. As we gain the understanding of what a dual strategy approach to what our business could look like, you need to recognize what you still need control of, those you call your core assets. Yet at the same time, to explore and expand out more today we need to build better external collaborative approaches.

To achieve this reaching out and collaborating will require participating in platforms and building up your Ecosystem Management understanding.

The word “Ecosystem” is getting as much “air time” as the general use of the word “innovation” in business recently. It generates buzz, it projects the impression you are looking to the future, managing your business in that progressive, outward way, that shareholders and your employees love to here.

Well as we well only well know with innovation, if it does not align to strategy, integrate within the business activities, it stays a little out on one side. Also, innovation stays so often a necessity to “call upon” but not as your core focus of activity. That focus still is, sadly today focused on managing the assets for short-term performance, where the consistent focus is always on efficiency and effectiveness to “work or sweat those assets”. Maybe we might be seeing a change in ecosystem management design. More of the “assets” outsourced or in collaborative partnerships.

Well, Ecosystems are entering the lexicon of top management. It does sound good to talk about “building our ecosystem” in every possible way. You need to ask though, has management actually sat down and defined the type of ecosystem it wants to design, to participate in, or become part of. Or do this simply happen, a sort of drifting into, a grand experiment, as if that made real progressive sense? Let’s take a different approach

What if the CEO and the board decided to open up the discussion around the future pathway, one of managing within a federation of ecosystems. Continue reading

The increasing pace of the IIoT world- don’t hold your breath.

You certainly have to make choices in life in where you focus your energy, otherwise, it gets way to complicated. For me to learn about Ecosystems and Platforms I have chosen a “select” group of IIoT players or advisors in their field to concentrate upon. Increasingly the insights and leading knowledge seems to be less coming out of the Big Consulting firms but more from those actually operating in the Industrial world (IIoT players).

These IIoT companies are living and breathing industrial solutions to achieve the digital transformation we see coming towards us. These are companies operating at the edge, in the middle in manufacturing the physical solutions or providing or combining the software solutions and they have their heads and assets firmly in the clouds every day. and on the ground. They are actually building the new IIoT world.

These are the likes of Siemens, Bosch, GE, Schneider Electrics, ABB and a few others. Then I often take a look at those operating from their China base, to build my continued understanding of the greater (to date) B2C market and where one, specifically. takes out their ever-growing ambitions, namely Alibaba.

Then, of course, you often “drink in” the consultant’s reviews or reports on our progress on digital transformation or industry 4.0 but they are increasingly lagging the players with a real deep “skin in the game”, that  of providing their client’s real tangible solutions. The pace of building an IIoT network is accelerating. I try to keep up and “project ahead” in the limited ways I can. Everything continues to change and accelerate in providing digital IIoT solutions. Continue reading