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4th industrial revolution – impact of data on the real world

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Haim Piratinskiy - The largest economic impact of IOT will be in manufacturing space. Explore and understand how data driven production is changing the world right now.

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4th industrial revolution – impact of data on the real world

  1. 1. Transforming manufacturing
  2. 2. The average cost per minute of unplanned downtime is $7,900 $474,000 per hour
  3. 3. One week One day
  4. 4. “Due to the technological innovations and increased demand on the process control systems, the process automation market is gaining advantage in the recent years. The growth of process automation and instrumentation is estimated to be 6.08% from 2014 to 2020, and forecasted to reach market revenue of $180 billion in 2020” “The Industrial IoT market size was worth $181.29 Billion in 2013 that is expected to reach $319.62 Billion at a CAGR of 8.15% from 2014 to 2020.” By 2020, European industrial companies will invest €140 billion annually in industrial internet applications. Over the next five years, the industrial companies surveyed will invest, on average, 3.3% of their annual revenues in industrial internet solutions. This is equivalent to nearly 50% of the planned new capital investments and an annual sum of more than €140 billion with regard to the European industrial landscape. These investments will have to be used along the entire value chain in order to achieve maximum success.
  5. 5. Private & Confidential Global Partnerships & Clients Partnerships: Statistics:  Over 5 Terabytes of data collected  Over 1M I/O monitored  Installed in six (6) different Industries Pipeline includes:  Fortune 100 household goods maker  Global discrete electronics manufacturers  International automotive brand  Top alcoholic beverage company

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