Alliances are key to IIoT success - We talk IoT #27

Industry 4.0 is a phrase that has been around for over a decade. Yet, we are still waiting for the promised industrial revolution.

Our guests are Andreas Frank, Head of IIoT Business, and Dr. Christian Liedtke, Head of Strategic Alliances at KUKA.

We discuss why it is essential for companies to open their ecosystems—even their shop floors. Traditional business models need to change to make Industrial IoT fly. Solutions need to be interoperable. But why is digitization still such a struggle for companies? The secret sauce to IoT success: alliances.

#automation #robotics #digitization #wetalkiot

Summary of this week's episode:

01:45 Introduction

02:55 Automation is a commodity

04:25 The use of robots has changed

05:40 Why are companies struggling with digitization?

07:14 Business models need to change

10:26 Open Industry 4.0 Alliance

12:55 The value of data and alliances

15:45 Why KUKA opened its solutions

19:45 Open platforms bring the highest value to customers

20:42 What is the biggest mistake a company can make?

22:18 Start small, scale fast, and be patient

24:46 The common myth

Our guests:

Andreas Frank: linkedin.com/in/andreas-frank-16a789158

Dr. Christian Liedtke: linkedin.com/in/dr-christian-liedtke-062aa3130

About Avnet Silica:

This podcast is brought to you by Avnet Silica - The Engineers of Evolution. avnet-silica.com

All podcast episodes can be found here: avnet.com/wps/portal/silica/resources/podcast