Value and uses of IIoT data for small and medium manufacturers
Data is the new economy – the art of using data to increase productivity for small to medium manufacturers
Lifecycle Insights recently performed a survey of small and medium manufacturers to learn more about the challenges they face when it comes to the importance of data and Industrial Internet of Things (IIoT). This survey spanned multiple countries and reached over 250 key decision makers. Join us for a live webinar to discuss the findings.
Hurdles to IIoT adoption
The majority of respondents to the survey said that their business faced the following issues that slowed their adoption of IIoT:
- Uncertainty. My company is unsure of what changes to pursue and does not have the time to investigate.
- Technology costs. The cost of technology solutions is too high (software, hardware, training, consulting, etc.)
- People-related costs: The cost of implementing changes for people is too high (hiring new employees, organizational changes, training, etc.)
- Potential work disruption: The potential disruption to ongoing projects is too risky
So how do we get past these issues and move towards a future where IIoT plays a significant role in how manufacturers accelerate transformation?
Join us for this webinar to hear directly from Lifecycle Insights and participate in a live Q&A.
Meet the speakers
Arvind Krishnan
Senior Industry Analyst
Arvind Krishnan is a senior industry analyst with Lifecycle Insights with more than two decades of experience in working with digital solutions for design and manufacturing. Arvind covers design, simulation, product lifecycle management, and smart manufacturing for Lifecycle Insights and is also interested in technology-led sustainability initiatives. Prior to his position as an industry analyst, Arvind worked in product management in simulation and computer-aided design. As a part of the Lifecycle Insights analyst team, Arvind imparts an independent and insightful voice on digital transformation in design and
Mike Denley
IIoT Planning and Strategies Specialist
Mike leads the development and coordination of strategic key Industrial IoT programs and initiatives to increase and improve outcomes involving product, customers and partners working with Enterprise Product Management, Research & Development and Strategic Partners. Mike has held many leadership roles with a variety of responsibilities across software-focused Product Development, Product Management, Project Management & Operations. His academic and industry experience includes graduate and post-graduate work in Total Quality Management, Software Design & Development, Organizational Change, Lean Six Sigma and Business Analytics with a focus in Sustainability. Additionally, Mike is active in the community volunteering time with non-profit organizations and local efforts.