*This episode of the Industrial IoT Spotlight podcast is sponsored by PTC

In this episode, we discuss what digital transformation means for traditional companies, the opportunity and risks it presents, and how to successfully drive it within organizations.

Our interview with Howard Heppelmann, General Manager of PTC’s Connected solutions business, aims to answer four key questions: What are the key challenges of digital transformation? What are the best practices in app development to drive digital transformation in organizations? What are the 4 technologies that will disrupt traditional businesses, and how?

PTC’s leading industrial innovation platform and solutions turn Industry 4.0 possibility into reality. Learn more about PTC's solutions with the ABI Report on Smart Manufacturing Platforms.

Key Takeaways:

• Digital transformation enables companies to go from a rear-view approach to present and future real-time optimization of their businesses
• IIoT app development no longer has to lie with the IT department, or within certain silos. Citizen developers in the business or operations can develop apps that are most closely aligned with their individual business objectives.
• The traditional approach to app development results in individual departments hitting ceilings and failing to achieve synergy because individual departments optimize their own silos. Platforms are able to connect various apps and pool data so that the entire organization has transparent views and each department’s optimization can also benefit others.
• The four technologies that will disrupt traditional businesses are: 

1. IoT and analytics: the convergence of IT and OT to utilize data with analytics improve productivity
2. Augmented reality: the empowerment of workers in highly labor intensive operations to become more efficient
3. Additive manufacturing: the disruption that breaks the design and operational constraints of traditional manufacturing approaches and cascades down the value chain
4. Digital technology platforms: the integration of technologies and applications in one plane that allows companies to move at greater speeds

• IIoT will transform industries, companies, and products, Traditional companies need to clearly define what digital transformation means for them and the value they bring to market or risk becoming obsolete.
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*This episode of the Industrial IoT Spotlight podcast is sponsored by PTC

In 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 Consortium

We 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 Consortium

We 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 Consortium

What 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.htm
• IIC Security Maturity model: https://www.iiconsortium.org/pdf/SMM_Description_and_Intended_Use_2018-04-09.pdf
• IIC 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 Consortium

How 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.