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Technology Revolution: The Future of Now

Industrial Internet: Real-Time to Grow Your Business – Part 2

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9108 Ratings

🗓️ 16 July 2014

⏱️ 58 minutes

🧾️ Download transcript

Summary

The buzz: 4th Industrial Revolution. Welcome to the Age of the Smart Factory, where a new generation of systems delivers real-time awareness and dynamic interactions among machines, systems, assets, people and things – aka The Internet of Things. Consumers are connected through sensors and smart tags. Printing is now 3D. Is your business ready to seize innovative opportunities or are you stuck in the dark ages? The experts speak. Dave Westrom, ThingWorx: "It is not the strongest or the most intelligent who will survive, but those who can best manage change" (Charles Darwin). Quentin Fisher, HCL Axon: "The Future is already here. It is just not evenly distributed (William Gibson). Chris Hallenbeck, SAP: "When I am working on a problem, I never think about beauty. I only think about how to solve the problem. But when I have finished, if the solution is not beautiful, I know it is wrong. (Buckminster Fuller) Join us for Industrial Internet: Real-Time to Grow Your Business – Part 2.

Transcript

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0:00.0

The following program is being brought to you on the Voice America Business Channel.

0:05.2

For more information about our network and to check our additional show hosts and topics of interest, please visit voiceamerica business.com.

0:13.1

The Voice America Talk Radio Network is the worldwide leader in live internet talk radio.

0:18.1

Visit voice America.com.

0:20.0

The views and ideas expressed on the following program are strictly those of the host or

0:24.1

guests and do not necessarily reflect the views and ideas held by the Voice America

0:28.5

Talk Radio Network, its staff, and management.

0:31.2

Music Welcome to the most nutritious hour of business talk all week.

0:45.8

This is Coffee Break with Game Changers, presented by SAP.

0:49.8

The best run business is run SAP.

0:52.3

Your host and moderator is Bonnie D. Graham.

0:54.8

You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's businesses in new directions.

1:02.6

Now, here's Bonnie D. Graham.

1:04.8

Welcome, welcome, welcome.

1:06.3

And if you want to run with the game changers, you are in the right place.

1:10.2

Today's buzz, the fourth

1:12.2

industrial revolution. Lost track. Let me give you a little history lesson. First was steam. Second was

1:18.9

electric. Third was digital and electronics. And here we are. So officially, I will welcome you to

1:24.9

the age of the smart factory, also known as the Internet of Things, IOT, in case you're keeping track, aka Industry 4.0. Let's talk about it. The hallmark of this new era is a generation of systems that are delivering real-time awareness and dynamic interactions among machines, among systems, among assets, people, and

1:46.4

things. Lots of stuff is getting connected. This means, for one thing, consumers can be connected

1:52.2

to machines through sensors and smart tags. We can gain insights on sustainability and a lot more.

1:57.8

Guess what? 3D printing. It's been around for a long time, but it's coming of age.

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