2. Executive Summary
AR Smart Glasses and the Industrial IoT
• Speaker: Pete Wassell
• Title: AR Smart Glasses and the Industrial IoT
• Synopsis: Industry 4.0 presents a unique opportunity for machines
and humans to communicate with each other. We are seeing a
combination of technologies at the edge of IoT where human
workers are getting predictive maintenance notifications and alerts
for better operations in manufacturing. The convergence of machine
sensors, big data, and artificial intelligence tied to AR Smart Glasses
creates an augmented worker needed for this next industrial
revolution. Companies will see unprecedented efficiency gains with
digital transformation in this sector.
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3. Agenda
AR Smart Glasses and the Industrial IoT
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• Industrial Revolutions
• The Beginnings of IoT / Birth of Industry 4.0
• Industry 4.0 Enablers
• Market Research: AR Smart Glass / IoT Intersection
• Forecasted Volumes of Smart Glasses in the Enterprise
• IoT Software Platform Leaders
• Industrial 4.0 Key Findings
• IIoT Country Preparedness: NAC Score
• Company ROI Opportunities
• Use Cases in the Value Chain
– Three Slides: Supply, Assembly Inspection, Field Maintenance
• Size of Market Opportunity 2020-2030
• Impact on Jobs and the Workforce
• Augmate Value Proposition
• Augmate IoT Starter Kit / Gateway Solution
4. Industrial Revolutions – Why are we on the Fourth?
AR Smart Glasses and the Industrial IoT
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First: production mechanization
using water and steam power.
Second: mass production
(Henry Ford often cited as the
innovator)
.
Third: digital revolution (e.g.,
machine tool numerical control,
programmable logic controllers,
direct digital control, and
enterprise resource planning)
.
Fourth: Industry 4.0 leveraging
cyber-physical systems, embedded
computing, Internet of Things
technologies.
5. The Beginnings of IoT / Birth of Industry 4.0
AR Smart Glasses and the Industrial IoT
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1999: Kevin Ashton (Auto-ID Center at MIT) coins “Internet for things”
2006: The Industry 4.0 initiative started as one part of a 10-point high-tech
German strategic plan.
2010: The German cabinet decided to continue the strategy by introducing the
High-Tech Strategy 2020 initiative focusing the country’s research and
innovation policy on selected forward-looking projects related to scientific and
technological developments over ten to fifteen years.
2013: The Global Standards Initiative on Internet of Things defined the term as
“the infrastructure of the information society.”
6. Industry 4.0 Enablers
AR Smart Glasses and the Industrial IoT
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+ Inexpensive Sensors
+ Computing Power
+ Large Storage Capacity
+ Data Analytics
+ Networking Ability
= Industry 4.0
7. Market Analysis: AR Smart Glass Role in Industry 4.0
AR Smart Glasses and the Industrial IoT
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McKinsey & Company: Human-machine interaction via
augmented reality devices is one of four main clusters of
manufacturing disruption technologies.
Deloitte Digital: Exponentially growing technologies like
Google Glass will be the key to the transformation to
industry 4.0
Boston Consulting Group: Augmented Work, Maintenance,
and Service is one of ten use cases that show the effects of
Industry 4.0 on the workforce.
Pricewaterhouse Coopers: Augmented Reality will
empower more than 110 million desk-less workers
worldwide.
8. Forecasted Volumes of Smart Glasses in the Enterprise
8.8M smart glasses
in the enterprise
over next 5 years.
264 different jobs will benefit from smart glasses which is 8% of the entire workforce!
Source: Forrester
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9. IoT Software Platform Leaders
AR Smart Glasses and the Industrial IoT
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Key Takeaways:
Forrester’s research uncovered a market
in which IBM, PTC, GE, and Microsoft
lead the pack. AWS, SAP, and Cisco
Jasper offer competitive options.
Forrester ranked PTC’s ThingWorx®
platform with the highest available scores
according to fifteen criteria, including
‘connect functions’ and ‘advanced
analytics.
4Q 2016
10. McKinsey & Company Key Findings on Industry 4.0
AR Smart Glasses and the Industrial IoT
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• Companies expect Industry 4.0 to increase revenues by 23 percent
Companies expect Industry 4.0 to increase productivity by 26 percent
• 80 percent of companies expect Industry 4.0 to impact their business model.
• Typically, predictive maintenance decreases the total machine downtime by 30 to
50 percent and increases machine life by 20 to 40 percent.
• 92 percent of Industry 4.0 suppliers expect Industry 4.0 to have an impact on
their business model
• 74 percent of manufacturers expect Industry 4.0 to have an impact on their
business model
11. Source: &
NAC Score shows those more likely to reap the rewards of
IIoTAR Smart Glasses and the Industrial IoT
#AWE2017 @augmate
NAC Index
which shows the
potential for
economic diffusion
of the IIoT in a
given country.
Nations in higher
positions on the
index are more
likely to reap the
rewards of IIoT
diffusion.
12. Multiple ROI Opportunities for Industry
Smart Glasses Provide Real Value Across Multiple Use Cases, Augmate’s management platform helps enterprises deploy fleets of Smart Glasses!
Productivity Efficiency
Cost Savings Accuracy
25%
More efficient in Warehouse
Picking
Efficiency
Business Case 2
44% reduction in error
rate and in some cases total
error
elimination across processes
Improved Accuracy
Business Case 4
6X
Faster at airframe wiring layout
Productivity
Business Case 1
$20 Return for every
dollar spent
implementing Field Service Applications
Cost Saving
Business Case 3
Productivity / Efficiency / Cost Savings / Improved Accuracy
Source: Vuzix Corporation
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13. Ubimax: Warehouse Pick & Pack Improvement Use Case
“We expect to benefit from the low cost X-Pick solution in form of performance optimization in our operative process”
Thorsten Schmidt, Order Picking Technologies, Daimler
Study Excerpt: X-Pick Smart Glasses
Improvements in both speed and accuracy were realized when switching to smart glasses
Errors
Seconds
Smart Glass Speed and Accuracy Improvements in Supply Chain Operations
14. Proceedix: Tractor Inspection Efficiency Use Case
Time (m) to do
stepby expert
without
Smart Glasses.
Total inspection time went from over 100 minutes to 70 minutes!
AGCO Tractor Inspection Step Time in Minutes
Time (m) to do
stepby expert with
Smart Glasses.
* The paperwork step was totally eliminated when using smart glasses
15. Boston Consulting Group: Service Technician Efficiency Use Case
AR Smart Glasses and the Industrial IoT
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Today’s service
technicians may spend
only a few hours each
day on value-added
work at a single site.
He will be assisted in
making repairs by
augmented-reality
technology and will be
able to receive remote
guidance from experts
on site.
16. Industry 4.0 Market Opportunity 2020 - 2030
AR Smart Glasses and the Industrial IoT
#AWE2017 @augmate
$110
Bn
$123
Bn
$14.2
Tn
7.3%
CAGR
Morgan Stanley (2015)
$90 billion to $110 Billion by 2020
IoT Market by 2020
Accenture estimates the IIoT could add
$14.2 Trillion to the economy by 2020
Impact on global economy
IndustryARC (2016)
$123.89 Billion by 2021
IoT Market by 2021
Global IIoT Market report
global IIoT market to grow at
CACR of 7.3% Until 2020
CAGR until 2020
2020 (by total economic value) 2030 (by total country value)
$7.1
Tn
$1.8
Tn
$700
Bn
531
Bn
$7.1 Trillion
United States
$700 Billion
Germany
$1.8 Trillion
China
$531 Billion
United Kingdom
17. Will Industrial IoT Kill jobs?
AR Smart Glasses and the Industrial IoT
#AWE2017 @augmate
“Eighty-seven percent of business leaders believe that the IIoT will result in the net creation of jobs. Intelligent
machines will automate mundane tasks, freeing up workers to perform more creative and collaborative work with wider
networks of people and machines”. - Accenture
18. Augmate Corporation Value Proposition
Security
Protect data and prevent
unintended usage of devices
Issue 01
Integration
Get hardware and
software systems to work
together
Issue 03
Scalability
Monitor and manage a fleet
of devices, data, and usage
Issue 02
Problems that we solve:
Enterprises struggle to implement wearables in the workplace because they lack the following:
At A Glance
Founded: 2012
CEO: Pete Wassell
Location: New York
Industries Served:
– Aerospace
– Automotive
– Manufacturing
– Warehouse
– Distribution
– Logistics
– Retail
– Medical
– Energy and Utilities
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19. Augmate IoT Starter Kits for Industry Pilots
AR Smart Glasses and the Industrial IoT
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20. Thank You
From Augmate
Augmate Corporation
335 Madison Ave, 16th Fl
New York, NY 10017
http://www.augmate.com
https://twitter.com/augmate
https://www.facebook.com/augmate
https://www.linkedin.com/company/augmate
Pete Wassell, CEO
pete@augmate.com