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EP042: How to Deploy Transformative IIoT Solutions at Scale – An Interview with Jeff Miller of PTC

EP042: How to Deploy Transformative IIoT Solutions at Scale – An Interview with Jeff Miller of PTC

FromIndustrial IoT Spotlight


EP042: How to Deploy Transformative IIoT Solutions at Scale – An Interview with Jeff Miller of PTC

FromIndustrial IoT Spotlight

ratings:
Length:
32 minutes
Released:
Nov 2, 2018
Format:
Podcast episode

Description

*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. PTC’s leading industrial innovation platform and solutions turn Industry 4.0 possibility into reality. Learn more about how to avoid pilot purgatory with the on-demand webinar, Use Cases: The Secret to Success in IIoT   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: Business strategy alignment Feasibility check, both technologically and culturally Technology alignment, the POC Use case identification Roadmap building Value measurement, the POV There are 3 critical components to successfully build a use case: Valuable: the problem that is solved has to be a real business problem 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 Measurable: metrics should be agreed upon by all stakeholders and measure value created   Accelerating the Industrial Internet of Things. IoT ONE is an insights and advisory firm focused on helping companies manage the threats and opportunities presented by the Internet of Things.https://www.iotone.com  
Released:
Nov 2, 2018
Format:
Podcast episode

Titles in the series (100)

The IIoT Spotlight Podcast shines a light on Industrial IoT solutions that are impacting businesses today. Every week, we interview an expert about IoT markets, technologies, or use cases. Our goal is to provide insight into the planning and implementation of IIoT systems, from new business models to technology architecture selection to data ownership and security. Our host, Erik Walenza, CEO of IoT ONE, has worked in China for 11 years and he is an active member of the Chinese innovation ecosystem. He is passionate about exploring the impact of digitalization in businesses, and through his position as Chair of the Technology and Innovation Committee in China he plays an active role in the exchange of best practices for innovation strategy and tech trends evolution in Asia, but also worldwide. Erik has interviewed over 100 CEOs and venture capitalists while building one of Shanghai’s largest entrepreneur networks. The IIoT Spotlight is produced by IoT ONE. IoT ONE is a specialized consultancy that researches digital landscapes and supports the development and implementation of digital transformation strategies in Asia and beyond. Don't forget to follow us on LinkedIn @iot-one or visit our website at www.iotone.com. You can contact Erik directly at erik.walenza@iotone.com.