The RELIABILITY Conference Learning Session - 39:21
by Rajiv Anand, Quartic.ai
In the manufacturing and industrial world, Industry 4.0, Smart Industry and Industrial IoT have created a lot of buzz lately. In software and computing, Machine Learning and Artificial Intelligence and Big Data are at the top of the hype cycle. Digital transformation and the digital enterprise are on the top of the strategic initiatives list of every board room and C-suite.
While IIoT and Smart Industry have the potential to transform entire supply chains, initial successful implementations focus on maintenance and asset reliability. Predictive maintenance is thus being transformed to prescriptive maintenance by combining existing and new condition monitoring sensors with Machine Learning and Pattern Recognition.
Is it all just hype and the fad of the season or as transformational and disruptive as it is being hyped up to be? How will it impact manufacturing, industrial maintenance and reliability, and the people responsible for running these operations? As a maintenance and reliability professional, what should I be preparing for, learning and applying to enable my company to benefit from this technological revolution?
This presentation will address why and how maintenance and reliability professionals should embrace these technologies and be the leaders for the digital transformation of their companies.
The talk will address some of the following topics:
- That maintenance and reliability professionals and domain experts will now become some of the most valuable contributors to an enterprise's supply chain.
- The technology will not--as hypothesized by fear mongers--replace humans. It will enable and empower humans to focus on creative and high value, rather than mundane contributions of their skills and expertise to advance the manufacturing industry.
- That some of the unfulfilled value creation potential of reliability practices like RCM and Operator Driven Reliability.
- That it is not as complicated, scary or risky as some laggards would have you believe; nor does it require everyone to become data scientists and programmers to implement it.
- While cloud computing is one of the key enablers, Smart Industry does not mean running all your applications in the cloud.
- That we can all begin our journey of learning and starting to apply these technologies today; without disruption to our existing operations and work processes.