Dr. Roberto Gallardo 2016 Manufacturing Summit Starkville

Internet of
Everything
Dr. Roberto Gallardo
2016 Manufacturing Summit
Starkville, Mississippi
Reaching 100 million users worldwide
• Telephone 75 years
• Mobile phone 16 years
• World Wide Web 7 years
• Facebook 4.5 years
• Instagram 2 years
Source: Twitter user @ValaAfshar; ITU; Statista; BCG Research
Digital Age
• Exponential
• Digitization
• Combinatorial
• Disruptive
Exponential
Source: Twitter user @ValaAfshar
Exponential
If a VW 1971 beetle improved as
did computer chips up to 2015:
• Would reach 300,000 mph
• Fuel economy of 2 million
miles per gallon
• Would cost 4 cents
Source: Thomas Friedman, New York Times
Digital Disruption
• Digital mindset
• Exploit digital platforms
• Listen to digital consumers/residents
• Mostly EVERYONE has the tools to market, test, refine,
and eventually disrupt an industry
Source: McQuivey, J. (2013). Digital Disruption – Unleashing
the Next Wave of Innovation
Digital Disruption
“Investor concern over the
threat of new technologies
is overstated.”
– Blockbuster analyst
report, 1999
Source: Twitter user @ValaAfshar
Digital Disruption
• Kodak invented the digital
camera in 1975
• Filed for bankruptcy in 2012
Combinatorial
• Nature of innovation is
changing
• Identify and exploit unknown
patterns
• Real-time feedback
• Predictive, proactive behavior
Internet of Everything
•
•
•
•
People
Things
Data
Processes
“Physical world can now be digitized, monitored,
measured, and optimized.” – Project Syndicate
Internet of Everything
• “IoE is a $19 trillion global opportunity over the next
decade” – Cisco (2014)
• Up to $11 trillion annual economic impact in 2025 –
McKinsey (2015)
So what?
• Technologies converging
• Autonomous robots
• Simulation
• Horizontal & vertical system
integration
• Industrial IoT
• Cybersecurity
• The Cloud
• Additive manufacturing
• Augmented reality
• Bid data and analytics
Source: Boston Consulting Group
So what?
• Gather and analyze data across machines
• Self-configuration, adapt to changes
• Faster, more flexible, and more efficient
processes
• Increase manufacturing productivity,
foster industrial growth
Source: Boston Consulting Group