element14 today released the fourth episode in Series 2 of The Innovation Experts podcast featuring Eaton, a global leader in intelligent power management and industrial systems.
Series 2 shares the opinions of leading industry experts, uncovering the trends, challenges, products and solutions that enable the global transition to Industry 4.0 principles and accelerate innovation in the Industrial Internet of Things (IIoT).
In this brand-new podcast episode, Eaton explains how companies can achieve process optimisation with innovative design and big data analytics to predict needs, make smarter decisions and create new efficiencies.
Alexandra Rangel, National PowerXpert Application Engineer at Eaton, uncovers the challenges and benefits for companies seeking to embrace Industry 4.0 and build digital factories for optimal performance. With the advancement of new technologies such as artificial intelligence and machine learning, hyper-connectivity, augmented reality, cobots and more, Rangel communicates the importance of having a digitisation strategy to support an organisation’s Industry 4.0 journey.
Dave Beck, Global Director E-mech & Passives at element14 said: “Many companies are interested in exploring how to use the fundamental principles of Industry 4.0 to support their digitisation strategy, but often don’t know where to start. In our latest episode of The Innovation Experts, Eaton explains what steps need to be taken to successfully adopt Industry 4.0 and communicate return on investment for all investments made.”
New episodes of The Innovation Experts are released every few weeks and cover key topics,including smart factory design and the power of automation, the industrial revolution’s synergy with electrification, how to demonstrate return on investment from Industry 4.0 and much more. All previous podcast episodes in Series 2 are now available on element14’s Technical Resources Hub, including:
- Episode 1: Upgrading to Industry 4.0 using new and existing measurements – The debut episode of the series focuses on how process and manufacturing companies can adopt Industry 4.0 principles by embracing digitisation. Kevin Goohs, Director of IoT Implementation Strategy from Omega Engineering, discusses innovative ways to upgrade existing facility systems with critical solutions, such as sensors and new digital smart probes, to capture real-time information on the factory floor. Companies will understand edge monitoring and control, how to identify new mechanisms to deliver and analyse big data and why it’s important to run critical pilot project evaluations before committing to full system installation.
- Episode 2: Aligning sustainability, business strategy and partnerships with Industry 4.0 – Schneider Electric provides an exclusive overview of the company’s innovative approach to developing new technology solutions for the IIoT, including how key learnings are passed directly onto customers. According to Mark Yeeles, Vice President Industrial Automation, UK & Ireland, the secret to advancing the adoption of Industry 4.0 is to engage strategic partners who can help companies to create fully optimised facilities. Yeeles is confident that engineers and facility managers will be empowered by Industry 4.0 to make smarter and often autonomous decisions that can streamline processes and accelerate the transformation to digital success.
- Episode 3: Integration is the gateway to unlock Industry 4.0 – In the third episode of Series 2 of The Innovation Experts, Advantech explains why integration is the gateway to unlocking the core principles of Industry 4.0 technology. Matt Dentino, Industrial Internet of Things Channel Manager for North America at Advantech, explains how a long-standing policy of embracing open architecture has influenced the company’s approach to asset integration, energy management, digital transformation and real-time monitoring and analysis. Listeners will learn about the need for strategic business partnerships and the importance of embracing a new generation of engineers to maintain a competitive edge as Industry 4.0 supercharges the industrial world.
Eaton is dedicated to improving quality of life, protecting the environment and operating sustainably to help customers effectively manage power. By capitalising on the growth of electrification and digitalisation, Eaton is helping to accelerate the world’s transition to renewable energy and solve the most urgent power management challenges. Founded in 1911, Eaton has been listed on the NYSE for nearly a century, with revenues of $19.6 billion in 2021. The company serves customers in more than 170 countries.
