Industrial Internet Now

Video: Machinery becomes aware of its own condition

The key difference that the industrial internet makes, is that it brings machinery alive, says Juha Pankakoski, CDO of Konecranes. It brings sensing and communicating capabilities to places where they’re not expected to be found. This enables the machinery to sense its own condition, understand the usage situation and support the user to carry out the operation more safely and productively. Click here to find out more on Juha Pankakoski’s thoughts on the industrial internet:

Interview w/ Juha Pankakoski

3 Comments

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  • Ji Shen 21.04.2015 13:13

    In order to develop and use this type of technology, how should the higher education institutes prepare their students to fit the job market?

    • Olli Nieminen 22.04.2015 13:35

      Hi Ji,

      good point. In my opinion, industrial internet is a cross-industrial opportunity and change between traditional machine- and Information -technologies and businesses. In other words, two worlds of businesses and technologies are converging.

      You are definitely right that, this leads to the challenge of finding more and more multi-skilled employees. I would say the most important issue for the higher education institutes is to prepare multi-skilled employees, which means that the person should have a strong core competence from one area (e.g. major in technical subject) and wide understanding of another area (e.g. minor from business related subject). Last but not least, the students should be able to analyze infromation, technologies and overall phenomenas both from the business and technology pespectives and acknowledge the significance of new phenomenas to organizations.

      Generally, I think this phenomena can be compared to the era of information society in general.

  • Juha Pankakoski 23.04.2015 11:03

    Hi Ji,

    Thank you for your question. I think that every material handling company faces the need of skillful employees who understand digitalization. Traditional industries should also embrace a hint of startup mentality into their core operations. This being said, I’d say that the higher education institutes should prepare their students to be equipped with a set of skills that combine business- and technological know-how.

    There is a growing need for analytics experts, who can crush and structure data into information. There is a need for telco-, sensor- and automation experts, who understand the ongoing development in the market and its relevance for the company’s business. There is also need for mobile- and UX-experts, who can create illustrating and inspiring user experiences out of machine data.

    Besides recruiting new graduates, there is also a necessity in finding flexible ways to train further the existing business know-how inside companies. I’d say that there is a significant need for multitalented people, who can combine expertise from various different areas.

    Whatever the task at hand may be, the key to unlocking the benefits of the industrial internet is in understanding and utilizing the ever-growing amount of data.

    Kind regards,

    Juha

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