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The Product Data Intelligence Comp The Product Data Intelligence Comp Technology and the connected manufacturing industry Chris Jones, Actify Inc.

Actify, inc. Technology and the connected manufacturing industry

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Page 1: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence CompanyThe Product Data Intelligence Company

Technology and the connected

manufacturing industryChris Jones, Actify Inc.

Page 2: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

02/05/2023 © 2016 Actify, Inc. All rights reserved 2

Chris Jones

• A brief introduction

1

2

3

Over 30 years of experience in the CAD/PLM industry

Previously - President of European operations for SmarTeam (PLM solution)

President and CEO of Actify Inc. The Product Data Intelligence Company

Page 3: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Actify Inc.– A brief introduction

Founded in 1996, Actify as a company is 100% focussed on delivering solutions to the discrete manufacturing industry that revolutionises the way product data is managed and shared across the enterprise and throughout the development life cycle.

Page 4: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Overview

• How did we get here? – A quick history lesson• State of the manufacturing industry• Disruptive technology innovations for manufacturing

• Prevalent Industry trends• Review Gartner Hype Cycle• The Internet of Things (IoT), Industry 4.0

• Industry challenges that next generation technology seeks to solve

• And, Where to start, where to go from here…

Page 5: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Technological Advances

- Digital and technology drivers- Changing priorities, worker skill

mix- Smart connected products- Internet of things (IoT)/ industry

4.0(internet, iPhone, cloud computing)

Click icon to add pictureHow did we get here?

Economic Pressures

- Eliminate every discretionary cost- Supply chain pressures- Negotiating maintenance/supply contracts- Accepting ‘good enough’ infrastructure- Upgrading and replacing, a heavily scrutinized decision- Lowering costs by lowering complexity

Page 6: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

State of the manufacturing industry

2008 – Present• Trying to do more with less. Many have less staff due to

economic cost cutting.• CIO’s sought to extract more business productivity and value

from their existing or new technology stack.• Not paying for redundant software

• Demanding that suppliers get ‘skin in the game’ to drive value.• Why should we pay up-front?

• Tech-driven productivity improvements are preferred to over staffing to stay competitive and revive business.

Page 7: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

State of the manufacturing industry today

Process Complexity Vs Process Variability

Complexity is increasing.- Manufacturing technology is more elaborate

- Operating complex systems and tools- Current workforce is skilled, can manage complexity

- Humans are very good at repeating a process

Variability is difficult to manage.- Customers product variability

- Orientation, feature mix, size color, etc- Variability can be confusing resulting in errors

- Variability drives up the cost of delivering quality

Page 8: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Flexibility has become one of the most useful and necessary weapons in many of today's competitive markets… it can be assumed that flexibility is most likely to come at a price.”Journal of Manufacturing Technology

Management

Page 9: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

02/05/2023 © 2016 Actify, Inc. All rights reserved 9The Product Data Intelligence Company

Disruptive technology innovations for manufacturing

Page 10: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Business Intelligence helps find answers to questions you know. Big Data helps you find the questions you don’t know you want to ask.”Eric D. Brown, D.Sc. (2015)

Disruptive technology innovations for manufacturing

Page 11: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

The Creation of Data

• Manufacturing are behind the curve• Retail• Banking• Insurance

Time

Data Volume

Page 12: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Disruptive technology innovations for manufacturing

Prevalent Industry trends- ‘Big Data’ - Analytics (predictive & prescriptive)- Business Intelligence (BI)- The Internet of Things (IoT) / Industry 4.0

Page 13: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Gartner Hype Cycle for Discrete Manufacturing and PLM, 2015

Page 14: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Disruptive technology innovations for manufacturing

Key technology innovations and drivers• The Internet of Things (IoT), Enterprise Manufacturing Intelligence.

Industry 4.0• Shifting requirements for designing, producing and servicing

products• Emerging new cloud based IT serving manufacturing and Product

Data Management needs• New business models for discrete manufacturers.

• These technology drivers are therefore changing priorities • and the mix of skills that designers, engineers and manufacturing

professionals need• Plus a global shortage of Engineers

Page 15: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Disruptive technology innovations for manufacturing

4 basic ‘IoT’ information exchanges and industry use cases:

Telemetry

Hardware servicing(Fault prevention)

Formula 1Financial Products - ATM

Inquiries

Transportation(Check for optimum route)

Google MapsTomTom

Commands

Remote Control(Unlock a device)

‘Nest’ - control devices(Smart home app)

Notifications

Alert Message(Road temperature)

News alertPush notification

(Email, Text SMS, app)

Page 16: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Industry challenges that next generation technology seeks to solve

• Supporting an increased ability to collaborate and innovate.

• Support manufacturer’s ability to continuously improve product relevance, quality and availability.

• Improved forecasting of products and production• Enhanced service and faster support of customers

All at cost effect levels

Page 17: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Industry challenges that next generation technology seeks to solve

• Real-time decisions and alerts based on manufacturing data

• Integrated manufacturing systems and business performance information for insights and improved decision making

• Rationalization of data across multiple sites and multiple regions

• Analysis of supplier performance and better interaction and negotiations with suppliersThe mashing of data from multiple sources

and locations

Page 18: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Key Takeaways

• Technology that overcomes Multi-Facility, Multi-Region Record Keeping.

• Software companies need to catch up• Traditional suppliers are slipping

• Exposing Manufacturing and PLM Challenges (not fully cradle to grave product lifecycle data collection)

• Exposing limitations of home-grown management/business systems.• Greater focus

• Do what you do• Benefits of implementing next generation technology for

manufacturing organizations.• Clear ROI that is risk shared

Page 19: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence Company

Where to go from here?

The steps to greater enterprise visibility:- Improved asset visibility- Improved process visibility- Disparate data visibility- Implementing controls and tools to react and respond to

opportunities and insights identified through a connected manufacturing infrastructure.

Page 20: Actify, inc. Technology and the connected manufacturing industry

The Product Data Intelligence CompanyThe Product Data Intelligence Company

Thank you!Chris Jones(Actify Inc)

@[email protected]