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Technology Revolution: The Future of Now

Transporting Your Factory into the Future Now - Part 1

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9108 Ratings

🗓️ 9 September 2015

⏱️ 57 minutes

🧾️ Download transcript

Summary

The buzz: Hurry! Calling all manufacturers! We're mid-way into our 4th industrial revolution. If your manufacturing facility isn't taking advantage of the exponential advances in technology, exploding big data and amazing innovations, the handwriting is on the wall: you'll soon be obsolete. What will it take to catch up? First, learn to harness the power of in-memory computing, IoT, wearable technologies, additive manufacturing and predictive capabilities. Next, stop underestimating the changing dynamics of your customers' expectations (your competition isn't). Want to know more? The experts speak. Mark Frank, Deloitte: "Nothing is impossible. Some things are just less likely than others" (Jonathan Winters). Timothy Day, Johns Manville: "If you cannot measure it, you cannot improve it" (Lord Kelvin). Rick Imber, SAP: "The secret of success is doing what you have to do, better than you have to do it" (Unknown). Join us for Transporting Your Factory into the Future Now–Part 1.

Transcript

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0:00.0

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

0:10.6

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

0:14.6

The best run business is Run SAP.

0:17.1

Your host and moderator is Bonnie D. Graham.

0:19.5

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.

0:27.4

Now, here's Bonnie D. Graham.

0:29.5

Welcome, welcome, welcome.

0:31.3

And if you want to run with the game changers, I can promise you're in the right place.

0:35.5

Today's buzz?

0:36.5

Well, we have a reality check for all manufacturers, and the reality check is, hurry! What is she talking about? Let's get started. We are already midway into the fourth industrial revolution. If you don't know that, come out from under whatever rock you're hiding behind, and let's talk about it.

0:54.6

Talking to manufacturers, if your facility still is not taking advantage of exponential

0:59.8

advances in technology, you know they're out there.

1:03.5

Exploding big data, amazing innovations, guess what?

1:07.6

You can't hide much longer because the handwriting is on the wall. You will soon be out of

1:12.5

business because you will be obsolete. Yes, I know it's dire. I know it's a warning, but we are

1:18.9

serious about this. So the question on the faces on the lips of all of you manufacturers who

1:23.8

are in that category, what will it take for us to catch up? Well, a couple of words of wisdom here.

1:29.5

First, you have to learn how to harness the power of in-memory computing and Internet of Things and wearable technologies and additive manufacturing and predictive capabilities.

1:40.5

Wow, that's a lot of homework. On top of that, you have to stop underestimating the

1:46.3

changes in your customer's expectations. They are changing. They're coming it from different channels,

1:51.8

different needs, different wants. They want it now. And guess what? Your competition, if they're

1:56.8

already in the game and they've got a lot of skin in the game and know what's going on,

...

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