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Nov 12 2018

5 things you can do better with Industry 4.0

Before the famous pilot Chuck Yeager broke the sound barrier in 1947, a lot of people said it could not be done. They thought planes would hit an invisible “wall” if they reached the speed of sound. Yeager’s success didn’t just shatter a physical barrier: it broke through a conceptual one as well.

We are on the brink of something similar today, with all of the possibilities offered by the Industrial Internet of Things and the digital transformation of industry. It is what we mean when we say “Go Allwhere”. The use cases for Industry 4.0 are endless! Our vision of Industry 4.0 is a hyperconnected, smarter, more sustainable future for all of us in the working world.

As this vision becomes reality, industrial networks will be able to:

  1. Reach everywhere. Today’s networks offer limited or siloed pockets of connectivity and capacity: you can track some assets but not all, or collect and analyze some data but not convert it to meaningful action. Think about airlines, for example. Most airport wireless networks are underutilized, confined to terminal buildings. If airports could seamlessly stream wireless CCTV on the tarmac or push real-time updates to ground crews, it would bring huge gains in security, productivity and efficiency — and help prevent the billions of dollars in costs caused by flight delays. Industry 4.0 technologies like private LTE are already making connectivity much more complete.
  2. See into the future. Sophisticated, predictive, machine learning analytics are a total game changer. Let’s say you are a power utility. Today you may be able to monitor grid performance and identify outages quickly, but someone in your organization has to take action. It is not automatic. Even a fault identified in ‘real time’ is still a fault: it has already happened. But growing numbers of utilities are beginning to use cognitive and predictive analytics, pulling data and intelligence from myriad sources to measure, adapt and take preemptive corrective actions so that outages do not EVER happen.
  3. Be smarter and faster. Industry 4.0 is giving companies a “brain boost,” supporting more distributed compute resources so that data can be processed faster and in more complex ways. This will radically increase the power and velocity of industrial IoT. Instead of using IoT devices and mobile technologies purely to monitor equipment performance and gain operational flexibility, a factory or mine can be fully autonomous and automated — adapting to design needs, supply changes and more because the computing power and flexible broadband networks will be available in the plant to make that possible.
  4. Turn cities into platforms of sustainable living. With the right network, cities can become full-fledged platforms for innovation, efficiency, safety, sustainability and more. Take the common use case of roadway camera feeds and analytics to help municipalities manage traffic congestion. What if the same infrastructure could be shared with logistics and transport companies for planning and route optimization? If you are a city official, that kind of sharing would help you monetize the cost of this infrastructure — saving taxpayers money, freeing budget for new investment areas. If you are the logistics company, you are faster, more productive, more competitive and more profitable.
  5. Make work and life safer and better for all. All those places the network cannot currently reach will become reachable with Industry 4.0 technologies. We can get varied and vital information where it needs to be faster, with the deepest levels of security. This will radically transform rapid response emergency services —  intelligently coordinating systems and information, improving safety, and saving lives — whether in a city, in a remote mine, or on an oil rig at sea. These “human-critical” networks are a priority for us at Nokia.

In my travels over the coming months, I will be talking to companies in all of the sectors where we operate about how we can break the connectivity barrier and “Go Allwhere” together.  Keep following as we share how the new capabilities of Industry 4.0 are shaping our customers’ businesses.

Share your thoughts on this topic by joining the Twitter discussion with @nokiaindustries using #Industry40 #NokiaforIndustries #GoAllwhere #IIoT #digitaltransformation

About Chris Johnson

A veteran sales and business leader, Chris heads Nokia’s worldwide Enterprise business. He draws on proven experience defining business strategies, developing talented teams, executing tactical and operational initiatives and driving profitable revenue growth.

LinkedIn profile:  linkedin.com/in/chris-johnson-85219434

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