Industry of Things World: Collaboration is the key in Industrial Internet

Industry of Things World 2015 brought together leading industry innovators in an event that is destined to shape the future of the Industrial Internet

More than 700 attendees participated in the conference, which took place at the Berlin Congress Center on September 21-22, 2015.  83 speakers gave over 160 hours of inspirational presentations on the challenges and opportunities of the Industrial Internet. Maria Relaki, Event Director, youCONECT and responsible for Industry of Things World shares the key issues that the event brought to light.

“One of the entry points that we wanted to do with this event was bring together people from different industries that are all facing the same challenges. It’s a chance to speak to each other and say ‘hey, the same problem that you’re facing, I’m facing.’ A lot of connections were made that wouldn’t have been made otherwise”

The crucial role of collaboration in the Industrial Internet

The event focused on real-life case studies, illustrating how co-operation and forward thinking will be essential to maximizing the full benefits of the Industrial Internet for businesses.

Relaki explains, “Everyone is realizing the importance of the Industrial Internet. Collaboration is a must. People need to come together to figure out ways to harness this technology and get the results they need to make everything more efficient. Trying to do that in a separated way will not be as successful.”

Other areas of critical importance the event concentrated on were ways in which to deal with the sheer amount of data produced by sensors, security in a connected world, and the challenge of standardizing connectivity.

Relaki goes on to say, “Juha Pankakoski from Konecranes mentioned the opportunity of new business models arising through the use of new technologies.”

Konecranes’ upcoming webinars to further discussion of the Industrial Internet

Pankakoski, Chief Digital Officer of Konecranes, attended the two day event, finding it a hub of discussion about the hottest topics around the Industrial Internet. He says, “There’s a lot of good movement overall in developing and maturing the concepts, standards, and platforms, associated with Industrial Internet. Early adopters in this area are now really starting to gain momentum and putting these things into use; the concept is really picking up pace.”

Pankakoski delivered the closing keynote address of the event, sharing his experiences of the digitalization of Konecranes. He spoke on the topic of creating value with the Industrial Internet in the world of material handling, and the benefits this brings to traditional heavy industries, “We have been able to learn from the use of the Industrial Internet. The technology change is a business model change. Konecranes already combines the equipment and service element. This mixture of both the physical product and the service presence allows us to change the values from one area to another. This is often required when you start implementing these new ways of creating business value.”

Pankakoski will be expanding on these issues at Konecranes’ forthcoming webinars, allowing an even wider audience the opportunity to participate in the cutting edge of the Industrial Internet.

The first webinar will start at 3PM (UTC +2h) on October 28, 2015. Sign up at www.konecranes.com/webinar

Image credit: Industry of Things World Berlin