Industrial IoT Spotlight

In this episode, we talked with Matt Van Itallie about the rapid integration of generative AI (GenAI) in software development and its profound impact on productivity and business practices. We discussed how GenAI is transforming coding processes, the risks involved, and strategies for mitigating those risks. The conversation also covers how organizations can maximize GenAI’s benefits while maintaining security, legal compliance, and developer oversight in high-stakes environments like finance and health tech.

Key Insights:

• GenAI boosts productivity: GenAI can make developers up to 20% more efficient by assisting with routine tasks and enabling faster experimentation and prototyping.

• Security and intellectual property risks: Despite its benefits, GenAI introduces risks, including security vulnerabilities and potential intellectual property issues depending on how the tools are used.

• Importance of human oversight: Blending GenAI with human input is critical to ensure code accuracy, maintainability, and long-term security.

• Enterprise-grade tools: Using enterprise or pro-tier GenAI tools is essential to avoid exposing sensitive company data and ensure compliance with legal standards.

• Structured visibility and management: Organizations should implement clear strategies and tools to track GenAI use, especially in regulated industries, ensuring responsible and secure adoption.

IoT ONE database: https://www.iotone.com/case-studies

Industrial IoT Spotlight podcast is produced by Asia Growth Partners (AGP): https://asiagrowthpartners.com/

In this week's episode, Erik is in conversation with Gareth Evans, the CEO and founder of VECKTA. VECKTA is dedicated to enabling businesses to embrace competitive energy solutions across their operations, providing them with access to affordable and environmentally friendly energy. With two decades of expertise in the energy and resource sectors, Gareth is a specialist in microgrid and distributed energy planning and design, construction, and monitoring

During this discussion, we delve into the future of the energy sector and strategies for implementing cost-effective energy solutions for businesses. We also examine the challenges associated with navigating technical and regulatory hurdles during the transition, as well as potential solutions for streamlining coordination. Gareth's mission revolves around empowering businesses and communities to access affordable, reliable, and sustainable energy, contributing to the global shift toward a more environmentally friendly energy future.

Tune in and be part of the energy revolution!

Key Discussion Points:

● What is the purpose of VECKTA and what motivated Gareth to establish it?

● Identifying the significant factors that support the business case for energy storage.

● How does the VECKTA platform assist companies and businesses in monitoring their emissions scope?

If you are curious to know more about our guest, you can find him on:

Company Website: https://www.veckta.com

Company Podcast: https://www.veckta.com/renewable-rides-podcast/

Linkedin: https://www.linkedin.com/in/gareth-evans-41015726

In this episode, we discuss the uses of advanced algorithms, combined with prescriptive insights to optimise production processes at the batch or even at the unit level and we also explored the purpose of an IIoT platform in addressing the challenges that IT and OT leaders are facing, as expectations increase for high quality, low lead times, and predictive visibility.

Our guest today is Laurent Laporte, CEO of Braincube. Braincube is an IIoT platform suite with business and expert apps that’s designed for manufacturing.

IoT ONE is an IoT focused research and advisory firm. We provide research to enable you to grow in the digital age. Our services include market research, competitor information, customer research, market entry, partner scouting, and innovation programs. For more information, please visit iotone.com

More and more companies are seeing the value in integrating CAD solutions with their enterprise applications in order to help them facilitate their drive towards automation and digitalization. In the third and final part of the series, Carsten Metelmann Vice President of International Sales at EPLAN will walk us through several case studies of how EPLAN technologies such as Cogineer are helping companies to bring electrical engineering solutions to life.

Learn more about EPLAN and their solutions: https://www.eplanusa.com

*This episode of the Industrial IoT Spotlight Podcast is sponsored by the Industrial Internet Consortium

How can the IIC business strategy and solutions lifecycle task group help to de-risk the adoption of IoT in enterprises? What is the framework for understanding IoT in the context of business transformation? What is the real impact of IoT that forecasts are unable to capture? What is the impact of the IoT platforms market on the acceleration of IoT adoption?

The adoption of IoT is not a step into the unknown; it has been diagnosed and has an envelope around it. Putting together 10 years of software, 10 years of hardware, and 10 years of communications experience, the IIC business strategy & innovation framework allows project managers and executives to understand and manage the scope of the challenges that come with implementing IoT in traditional organisations.

Jim also discusses the real impact of IoT in the economy beyond predictions of devices and market value, and how to develop internal capabilities to harness the power of IoT in an organisation. We also look into the IoT platform market as an accelerator for adoption and scale, and discuss the future of this highly dynamic market.

Links Mentioned:

IIC Business Strategy & Innovation Framework : https://www.iiconsortium.org/BSIF.htm

Jim Morrish is a Co-Chair of the Industrial Internet Consortium’s Business Strategy and Solution Lifecycle Working Group and Chair of the IIC's Business Strategy Task Group. He is also a member of the Global Advisory Body for the Institution of Engineering and Technology (IET) India IoT Panel. He is currently head of strategy, partnerships, ecosystem and go to market support at Nokia WING.

IoT ONE is an online platform devoted to accelerating adoption of Industrial Internet solutions. We are mapping the global ecosystem of IoT vendors, use cases, case studies, and technologies. We leverage this data to help companies source technology, research competitors, and enter new markets. https://www.iotone.com