Ayush Tiwari [PTC] | Unlock IoT Value with PTC’s ThingWorx Platform & InfluxDB | InfluxDays NA 2021
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Ayush Tiwari discusses PTC's ThingWorx platform and its integration with InfluxDB for industrial IoT solutions, highlighting the need for digital transformation in various sectors due to challenges like workforce shortages and global disruptions. The document outlines potential financial and operational benefits, such as reduced time to market and improved operational efficiency, while also emphasizing the importance of successfully implementing IoT strategies. PTC is positioned as a leader in the IoT space with tailored solutions that enable effective management and utilization of industrial data.
Ayush Tiwari [PTC] | Unlock IoT Value with PTC’s ThingWorx Platform & InfluxDB | InfluxDays NA 2021
- 1. Ayush Tiwari Sr. IoT Product Manager, ThingWorx UNLOCK IOT VALUE WITH PTC’S THINGWORX PLATFORM & INFLUXDB Prepared for InfluxDays
- 2. 2 GLOBAL LEADER OF INDUSTRIAL DIGITAL TRANSFORMATION 42% Americas 39% Europe 19% Asia Pacific SaaS 6.4K+ Employees $1.46B ARR 35 Year Heritage of Innovation CAD PLM IIoT AR SPATIAL Power To Create What We Stand For Business Transformation Fast Facts Global Footprint Verticals INDUSTRIAL 33% ELECTRONICS & HIGH TECH 16% AUTOMOTIVE 14% RETAIL & CONSUMER 8% OTHER 8% LIFE SCIENCES 6% FEDERAL, AEROSPACE & DEFENSE 15%
- 4. 4 IIoT HOW DIGITAL TRANSFORMS PHYSICAL DIGITAL Defines PHYSICAL DIGITAL Connects PHYSICAL DIGITAL Augments PHYSICAL DIGITAL Manages PHYSICAL AR PLM CAD D I G I TA L T H R E A D DIGITAL Disrupts PHYSICAL SaaS
- 5. 5 HOW DIGITAL DEFINES PHYSICAL – CAD
- 6. 6 HOW DIGITAL MANAGES PHYSICAL – PLM
- 7. 7 HOW DIGITAL CONNECTS PHYSICAL – IIoT
- 8. 8 HOW DIGITAL AUGMENTS PHYSICAL – AR
- 9. 9 HOW DIGITAL DISRUPTS PHYSICAL – SaaS
- 10. 10 MARKET TRENDS DRIVING INDUSTRIAL DISRUPTION Worker Shortage Ten million manufacturing jobs cannot be filled today due to a growing skills gap, and flexible work models create new complexity. Risk And Cost Pressure Global Manufacturing PMI at lowest level since 2009 due to a global disruption of demand, supply chain, and production from COVID-19. Digital Disruption At the current churn rate, about half of today’s S&P 500 firms will be replaced over the next 10 years.
- 11. 11 DIGITAL TRANSFORMS PHYSICAL ACROSS THE INDUSTRIAL ENTERPRISE D I G I TA L T H R E A D Engineering Excellence Service Optimization Manufacturing Efficiency Customer Operations
- 12. 12 SOLUTIONS DELIVER FINANCIAL AND OPERATIONAL VALUE ACROSS THE INDUSTRIAL ENTERPRISE D I G I T A L T H R E A D ~50% time to market reduction ~9% EBITDA improvement ~70% of customer issues solved remotely ~4% service cost reduction ~$50% reduction in customer outage time ~10% incremental revenue growth ~16% improvement in availability ~5-10% operating cost reduction
- 13. HOW TO PUT INDUSTRIAL IOT TO WORK?
- 14. 14 Infrastructure & Cloud Existing Landscape: IT Systems, OT Systems, Assets, External data feeds IIoT Platform Industrial IoT Solutions Platform Security Advisors known repeatable functionality to expedite solution building Connectors enable access to data from disparate devices and systems Domain Model incorporates behavior and data in a conceptual model of the domain Business Logic encodes real-world business rules that determine how data can be created, stored, and changed UI Elements construct the graphical user interface for customization and extension of functionality Connect disparate devices and applications, enabling access to multiple data sources Build complete industrial IoT solutions and AR experiences quickly and easily Analyze complex data for real-time insights, predictions, and recommendations Manage the performance of connected devices, processes, and systems Experience engaging and compelling visualizations across devices and user profiles Building Blocks PUTTING INDUSTRIAL IOT TO WORK ThingWorx Applications accelerate digital transformation and drive time to value with OOTB offerings Digital Manufacturing Use Cases Real-Time Production Performance Monitoring | Asset Monitoring & Utilization | Connected Work Cell | Digital and Augmented Work Instructions Service Optimization Use Cases Remote Service | Customer Self-Service | Field Technician Efficiency |Data Driven Design | Connected Revenue Models | Product Intelligence Strategic Partners | Global Systems Integrators | Management Consultants
- 15. 15 PTC RECOGNIZED AS A LEADER IN IOT BY TOP ANALYSTS
- 17. 17 p Connected “things” by 2025 generating 180ZB of data New monetization avenues due to IoT-related services Companies that increased revenue as a result of IoT implementation Average increase in operating income (avg. 8%) among the most digitally transformed enterprises IOT: BIG DATA BIG OPPORTUNITY Source: Microsoft
- 18. 18 MANAGING TIME-SERIES DATA!! Source: ThingWorx mashup showing timeseries charts
- 19. 19 Leading IIoT Solutions Platform Leading Time Series Data Storage Platform InfluxDB is the only scalable timeseries storage option recommended for ThingWorx customers today THINGWORX AND INFLUXDB
- 20. 20 THINGWORX + INFLUXDB OFFERINGS PTC Cloud Public Cloud On-premise Enterprise On-premise Opensource Powered by Azure InfluxDB Cloud InfluxDB Enterprise InfluxDB Open Source
- 21. 21 WHY THINGWORX WITH INFLUXDB ON CLOUD? PTC Cloud ThingWorx Platform with InfluxDB Cloud is offered as ready-to-use managed SaaS offerings Built in High Availability with guaranteed SLAs, Disaster Recovery, and data security with certified compliances Single vendor touchpoint with 24/7 monitoring and one call support Proactive maintenance, patching, and software upgrades with cloud-like scalability
- 22. PTC is a one-stop-shop for all your Digital transformation needs ThingWorx- a leading IIoT solutions platform accelerates success with customizable OOTB applications Select PTC Cloud for faster time to value with ThingWorx and InfluxDB Summary LEARN MORE: Industrial IoT Buyers Guide: https://bit.ly/3n7RT50 Free 30-day ThingWorx hosted trial: https://bit.ly/2Z5jITq
- 23. ptc.com YOU THANK Ayush Tiwari Sr. IoT Product Manager LinkedIn: https://www.linkedin.com/in/tiwari-ayush03/