Minds vs machines, products vs platforms, the core of enterprises vs the crowd-digitisation and rapidly increasing capabilities of artificial intelligence will shake up all industries within the next years. Companies who want to stay on top will have to find answers on the new opportunities for tasks and occupations, business processes and business models.
China is the world’s manufacturing powerhouse, responsible for over 25 percent of global industrial output. Also, Made in China 2025 call for more sophisticated, intelligent and interconnected manufacturing systems.
Massive structural change is underway and the first companies are embracing this trend-also and in particular in China.
According to the Internet of Things Inc, over the next 15 years, the economic value of Industrial IoT to China’s GDP from the manufacturing industry alone is projected to increase from US$196 billion to US$736 billion; an increase of 276 percent. For the resource sector, the increase would be from US$48 billion to US$189 billion; an increase of 294 percent. Cumulatively, the growth of China’s GDP from IoT technologies will reach US$1.8 trillion by 2030 – That is no small number!
Accenture also estimates the Industrial Internet of Things (IIoT) could add $14.2 trillion to the global economy by 2030.
Arguably the biggest driver of productivity and growth in the next decade, the Industrial Internet of Things will accelerate the reinvention of sectors that account for almost two-thirds of world output.
Beside the market size and to the benefit of IIoT i-scoop article regarding data from Dell for the benefits reported by manufacturing executives who deployed Industrial Internet of Things applications are clear:
- 53 percent of manufacturing executives utilising IIoT reported an improvement in business innovation.
- 50 percent of manufacturing leaders increased their competitive edge.
- 50 percent also says to have reduced total cost of ownership (TCO).
Against the background, this event will deal with the following aspects, among others:
- Minds vs machines, products vs platforms, the core of enterprises vs the crowd-major paradigms shaping the future of our economy.
- Which digital business models for industrial enterprises do exist? What has already been implemented in China? With what success?
- The special characteristics of China’s Internet ecosystem-how to capture value from digitisation behind the Great Firewall and under the new cyber security law?
By business nature: Industrial internet solution providers / AI / IoT platforms / Automation / Semiconductor / IoT or automation software firms / Robotics / Telecommunication / Hardware / Consulting firms / Data or privacy security firms / Law firms / End users (manufacturing, healthcare, logistics & transport, oil & gas, mining)
By departments: R&D / Information / Technology / Strategy / Sales / Business development / Marketing / Public relation / Plant manager / Sourcing / Purchasing
- Industrial IoT technology solutions.
- Moving from simple connectivity to analytics and process improvement
- How IIoT is disrupting business, the challenges, opportunities
- IoT data for predictive maintenance to increase operational efficiency
- Industrial Internet, a look into its future.
- Maximising use of data to generate new revenues
- Next level manufacturing
- Data security in the IIoT, how to protect your organisation’s insights
- Finding the business case for IIoT implementation
- Sustainable IIoT transformation
- IIOT and data science – applications in certain industries
- Locating the right data and analytics for effective use of machine learning
- IIoT platforms
- Smart industrial health and safety
- Visualising your IoT network – industrial augmented reality
About the past event
On 1 March 2017, the conference division of Messe Frankfurt, Ignite, successfully hosted the Automation Development Summit Guangzhou. In attendance were more than 80 delegates representing big industry players such as Guangqi Honda, Harting, Kuka, Midea, TTI and SKF, as well as international and Chinese media. As for the impressive speaker line-up, it included experts from Anhui Efort, Bosch, Comau, Huawei, Qinchuan Machine Tool Group and Wittenstein China who present their thoughts on the latest development of automation technologies for thought-provoking discussions.