Industry X.0 : realising digital value in industrial sectors / Eric Schaeffer

Includes bibliographical references and index.

Title Page; Imprints; Contents; Preface; Acknowledgements; Introduction; Part I The Industrial Internet of Things -- Transforming Manufacturing Beyond Recognition; 01 Industry's Ongoing and Accelerating Digital Transformation; The Drivers of Change in the Industrial Sphere; Technology Becomes Affordable and Puts Speed Behind the IIoT; The Value of the IIoT is Still to be Unlocked; Ecosystems Form Powerful Wells of Innovation; The Product of Me vs. Mass Manufacturing; Liquid Fulfillment Networks Will Supplant Old-Style Factories; The Critical Importance of Preparing the Digital Workforce.
The Surprisingly Slow Embrace of the IIoT by BusinessTakeaways; 02 How the IIoT Leads to the Outcome Economy; New Tech Creates New Business Models; Living Products or the Reinvention of the Product; Outcome Orientation Spurs Innovation in Products and Services; Outcomes are Appearing Across Sectors ; The Why Behind the Buy ; From Rigid Business Silos to Agile Ecosystems ; New Risks and Rewards; The Four Future Stages of Industry; Takeaways; 03 Digital Super Value -- A Guiding Light for Digital Strategy; Two Speeds Create Massive Value Deposits; The Societal Benefits.
What's in it for Business? Automotive -- the Vanguard Efficiency Seekers; How to Find the Right Pivots ; Takeaways; Part II How to Make the Most of the Digital Industrial Transformation; 04 Six "No-Regret" Capabilities -- the Journey Towards Digital, Mapped out Simply; From Old World to New World on Many Different Paths; Schneider Electric Digital Service Factory -- the Move from Product to Services; Be Adaptive and Relaxed but Curious and Visionary -- and Get Going; Design Thinking Speeds up Service Development Processes; The Six Fundamental Capabilities that Can Get your Digitization Started.
Engineering Specialist Biesse Group Moves from Product to ServicesYour IIoT Business -- How to Succeed; To Take Services to Market, Think Big, Start Small, Scale Fast; Takeaways ; 05 Zoom in: How to Make Data Analytics Work Your Way; Raw Data Has no Value and Needs Enrichment ; Which Data Strategy to Pursue -- More Return from Inside or Outside?; The Five Sources of Value that Can be Tapped with a Data Strategy; IoT Lead Generation -- Anticipate your Customers' Demand; From Mere Monitoring to a Real Predictive Maintenance Practice.
A Global Heavy Equipment Manufacturer Moves into the Realms of Connected ServicesData Analytics Strategy -- the New Industrial Must-Have; Gains to Make Now in a Changing Landscape ; How Utility Businesses Harness Big Data Analytics; Keep Pilots Incremental and Focused ; How Car Manufacturers Scale Analytics; Flexible Data Analytics as a Service and Edge Computing ; Practically Connecting the Digital Factory; A Leading Tire Manufacturer Harmonizes its Shop Floor Data Management Globally; Wherever you Start, Work Along a Roadmap for More.

Industry X.0 takes an insightful look at the business impact of the Internet of Things movement on the industrial sphere. Eric Schaeffer combines deep analysis with practical strategic guidance, and offers tangible and actionable recommendations on how to realise value in the current digital age. Based on extensive research and insights into the six core competencies that have been identified by Accenture, Industry X.0 explores critical aspects of the Industrial Internet of Things (IIoT), discussing and defining them in an engaging and accessible manner. These include managing smart data, handling digital product development, skilling up the workforce, mastering innovation, making the most of platforms and ecosystems, and much more.

Meticulously researched and clearly explained, Industry X.0 makes a stringent case for companies to actively shift mind-sets away from products, towards services, value and outcomes. Complemented by a wealth of case studies and real world examples, this book provides invaluable, practical 'how-to' advice for business organizations as they embark on their journeys into the era of the IIoT.