Introduction Gemini, Google's most elegant AI, is set to transform industries with its advanced technology and user-friendly solutions. Google's commitment to pushing the boundaries of AI is evident in the development of the Gemini ecosystem. This advanced AI system is designed to handle complex tasks with precision and efficiency, making it a game-changer in the world of artificial intelligence. Businesses across different sectors are leveraging the power of Gemini to streamline operations, improve decision-making processes, and drive growth. By harnessing Google's most capable AI through the Gemini ecosystem, organizations can unlock new opportunities for innovation and stay ahead in today's competitive landscape. As Google continues to refine and expand the capabilities of Gemini, we can expect even more groundbreaking applications that will shape the future of AI technology. The possibilities are endless with Google's most capable AI leading the way towards a s
This article is a report on "Bringing up operational efficiency with IoT" webinar which was broadcast live on Wednesday, May 25, 2016, 3:00 PM - 3:45 PM IST and hosted by Gandhali Samant, Senior Technology Evangelist, Microsoft. We are going to share some valuable insights into IoT and how it can be used to bring up operational efficiency in organizations.
We should start with some IoT basics. There is no standard definition of IoT as of now. IoT involves four areas: Things, Connectivity, Data, & Analytics. These components will be the building blocks which you will use in your business transformation journey. IoT business maturity model consists of three components: Operational Efficiency, Business Intelligence, & Business Transformation. The first challenge you will face while developing an IoT solution is connecting your devices. There are a wide variety of devices which you will feel the need to connect. Microsoft’s goal is to help customers connect their devices. Once the devices are connected on a scale we can capture data and significantly transform our businesses' operational efficiency. M.G. Bryan's challenge was to expand company's operations by penetrating new markets and providing the customers advanced equipments-&-operations monitoring services. ThyssenKrupp Elevator's challenge was to improve uptime dramatically by employing predictive maintenance and remote diagnostics. KUKA Robotics's challenge was to design an automatic manufacturing process capable of producing eight different models of the Jeep Wrangler on the same production line without any interruptions in the production flow. Each of the three companies have now designed and developed an IoT solution suited to their needs and this has not only helped them overcome their challenges, but has also put them at the forefront of their industries. M.G. Bryan's engineers now can access heterogeneous information from remote locations to manage services and improve performance. This has given the company a new edge in market penetration. ThyssenKrupp Elevator has increased reliability of their elevators spread all over the world through a smart combination of predictive maintainence and remote diagnostics. Kuka Robotics has achieved superfast car body production rate (one car body every 77 seconds), continuous uptime (24 hours of production every day for 8 years), and improved efficiency and reduced training time. These organizations have used IoT to significantly improve their operational efficiency. What is your organization doing?
At this point, all of you have heard of IoT or Internet of Things but probably do not have an in-depth understanding of the technology. The IoT trend is going have a huge impact on the global corporate landscape and you need to know precisely how your company can employ IoT to be the leader of the pack. We can take ThyssenKrupp Elevator as an example. ThyssenKrupp Elevator wanted to improve their customer experience by zeroing in on what matters most to them. With the help of IoT, ThyssenKrupp Elevator has connected their elevators to the cloud. From the sensors and systems installed in their elevators, ThyssenKrupp Elevator collects valuable data, which is then converted to high-value business intelligence which helps the company to improve their operational efficiency and also enables the company to offer something unique: predictive maintenance. "IoT is here to stay and happening right now."
The future of IoT can be understood if we take a look at some statistics. The worldwide market for IoT solutions will be $7.2 T by 2020 (Source: IDC: Worldwide and Regional Internet of Things (IoT) 2014–2020 Forecast). The number of connected "things" will reach 20.8 B by 2020 (Source: Gartner, Inc).
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