Accelerating the Industrial Internet of Things
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Use Cases Asset Efficiency

Asset Efficiency

Asset Efficiency refers to the process of analyzing the health of an asset. The health of an asset in itself relates to the asset's utility, its need to be replaced, and its need for maintenance. 

It can be broken down into three key components:
1. Monitoring: Tracking the actual health and viability of the asset
2. Diagnostic Analysis: Comparing new, real-time data to relevant data from the past in order to detect any anomalies.
3. Prognostics: Given past data, algorithms are developed to determine the remaining useful life of an asset
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Number of Case Studies24
Best Buy Slashes App Development Time And Resources With Xively (GCP App)
Best Buy Slashes App Development Time And Resources With Xively (GCP App)
In 2008, a team of Best Buy developers launched Giftag, a social application that lets users make online wish lists to share with friends through email, Facebook, Twitter and other social media sites. The app was promising, but the development effort was substantial – it took eight developers more than a year to create the app. Once it was developed, adding new features and scaling it for heavy use was onerous.“The development platform we’d selected just wasn’t cutting it,” says Curtis Thompson, technical director at Best Buy. “Because of the platform design, an application administrator had to make changes manually, which was time-consuming and prone to errors.”“ Our experience transferring Giftag onto Google App Engine really changed how we do things. We can use far fewer developers, and we don’t have to spend any time doing system administration or setting up servers, which allows us to focus on the development and testing new ideas.”Gary Koellingdirector of emerging platforms, Best Buy
Improve the Efficiency and Safety of Liposuction with Data Analysis
Improve the Efficiency and Safety of Liposuction with Data Analysis
Liposuction is a surgery that removes fat from the human body with cannula, a tube that can be inserted into the body. Extracting fat is a very complex surgery procedure. The cannula should precisely reach to the fatty tissue between skin and muscles. When the cannula is injected into deeper issue, it may damage muscle issue. If the cannula isn’t inserted enough, the fat maybe removed unevenly or causes skin necrosis. The fine senses of surgeon is certainly important.Injecting cannula and extracting fat occur 12,000 to 20,000 times per one surgery. It means that moving cannula in time-uniformly is critical. However, every patients has different types of fatty tissue and areas operated on. Due to this complexity of the procedure, skillful surgeon having plenty of experiences were favoured.
The Dow Jones' Solution on AWS
The Dow Jones' Solution on AWS
Investors use Dow Jones to learn about what’s happening in financial markets throughout the world. “Our mission is to shine a light on dark corners of the world, focusing on news that impacts decision making,” says Stephen Orban, Chief Information Officer & Global Head of Technology. The company relies on cutting-edge technology to keep its customers as up to date as possible on the latest news.In Asia, about 12.8 million people use WSJ.com, which generates about 90 million page views each month. When the lease on its Asian data center ran out in early 2013, the company needed to find an alternative that would help its developers focus more on revenue-generating applications instead of on data center maintenance. Dow Jones also wanted to reduce latency for its Asia-based customers—and it wanted to avoid delays for acquiring and configuring hardware. “My preference is to have my team build products rather than running data centers, Orban says. “Now that data center is a commodity, that’s exactly what they’re able to do.”

From 2013 to 2022, the market for overall asset efficiency improvements potentially accumulates to USD 2.5 trillion.

Source:  Cisco

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Investment Decision Makers & Influencers
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System Operators
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System End Users
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Sensors
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Analytics
GE Digital (GE)
Your Cloud Platform for the Industrial Internet
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Cybersecurity
WIBU-SYSTEMS
Perfection in Protection, Licensing and Security
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Connectivity
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System Integration
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Erik Walenza-Slabe
CEO
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