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  • Internet of Everything Dr. Roberto Gallardo 2016 Manufacturing Summit Starkville, Mississippi

  • • Telephone 75 years

    • Mobile phone 16 years

    • World Wide Web 7 years

    • Facebook 4.5 years

    • Instagram 2 years

    Reaching 100 million users worldwide

    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 mindset

    • Exploit digital platforms

    • Listen to digital consumers/residents

    • Mostly EVERYONE has the tools to market, test, refine, and eventually disrupt an industry

    Digital Disruption

    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