Remake
The End of Manufacturing As We Know It
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Narrated by:
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Chris Baetens
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Written by:
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Lou Leuzzi
About this listen
The world of manufacturing is about to be disrupted by a wave of technology that will sweep aside those who are ill-prepared for what is about to hit them.
In Remake, Lou Leuzzi, a global technology executive with over 25 years’ experience implementing innovative solutions for industry, explains why the Industrial Internet of Things (IIoT) will be a game changer for original equipment manufacturers (OEMs) of all shapes and sizes.
Aimed at business decision-makers rather than technologists, Remake shows why industrial manufacturers need to make IIoT a key component of their operations as fast as possible.
While many will remain hesitant about doing so, those who embrace IIoT will be rewarded not only by being better able to meet their customers' changing needs, but also through unprecedented levels of efficiency and productivity that will see them operating with near 100% uptime.
For larger firms, there is also the potential to move from a traditional CapEx-heavy business model to an OpEx one, where products like hydraulic presses, generators, turbines and earthmovers that would previously have been bought and sold, are turned into services. It's being called the 'Netflixification of industry'.
Remake also examines the highly significant role IIoT can play in mitigating the increasing threat of climate change by optimizing the production process and helping reduce waste.
Adopting IIoT is not without its challenges, requiring as it often does a fundamental reinvention of an OEM's business model. While the complexity of every IIoT project means that it's impossible to offer up a single blueprint for change, Remake provides listeners with a core understanding of what's involved in any IIoT solution and answers fundamental questions about:
- The key technology components of any IIoT system. Sensors, connectivity options, data processing and IIoT platforms are just some of the aspects considered from the perspective of the executive team rather than that of technicians.
- How IIoT enables larger manufacturers to sell products as a service by moving to subscription-based business models such as Equipment-as-a-Service.
- Using insurance-backed warranties that enable manufacturers to guarantee users of their equipment 0% downtime.
- The challenges business leaders face when looking to implement any kind of IIoT solution.
- How the workforce needs to adapt to the changes expected of them in this new kind of business environment.
- How to establish the ecosystem of partners that are required to implement an IIoT model.
- The ways manufacturers can implement these innovative business models to grow both their top and bottom line.
By the end of the book, listeners will have a much greater understanding of how manufacturers must reinvent themselves in the not-too-distant future.
©2022 Lou Leuzzi (P)2023 Lou Leuzzi