In the 82nd episode of Burning Platform, we host Maggie Slowik, and Andrew Burton. Global Industry Directors for Manufacturing at IFS presenting a shortened version of a session they hosted at their Unleashed Event in Miami a few weeks ago.
They talk about the many challenges manufacturers face from supply chain disruptions, talent issues, navigating inflation, cybersecurity threats, growing ESG and other regulations among them. Manufacturing today is not for the faint hearted, but they talk about so many new opportunities that have opened up from those who persist with smart, connected products; circular economy thinking, the move of value to data and the changing mix of data – from 40% generated by machines in 2021 to 60% in 2025.
They talk about the metaverse. IFS is already well ahead with use of mixed reality in its field service scenarios. Andy and Maggie talk about it in the context of the shop floor.
They cover changing ecosystems and shortening supply chains from a geographic perspective as companies rethink “lean” and lowest-cost sourcing,
2050 seems a long way off. But they quote a young blogger who says that much earlier, by 2030, things are going to be essentially ownerless. “We already see the beginning of that with certain things like bikes, clothing as a rental, certainly cars. So we're sort of heading towards ‘Servitization”, a service-oriented future.” They provide several examples of products evolving to services during the session.
Very nicely done in about 30 minutes.
In a session I will run next week, you will see Bas de Vos, who runs IFS Labs, present many examples of the technologies which are rapidly changing the shop floor and the man/machine symbiosis in manufacturing.
Burning Platform: The year in industry events and travel
In the 81st episode of Burning Platform, we host Jon Reed of Diginomica and Brian Sommer of Techventive to discuss the good and bad in industry events we experienced this year and on the state of business travel.
I carved the recording into two videos.
Part 1 covers the slides all three of us presented. Jon kicks it off at 0.59 “I felt before the pandemic events were largely what I would call legacy and not creative enough. And I felt the same as we went into virtual events that most of those events were really passive viewer experiences that really weren't very engaging and very good. Have however, seen a little bit of progress.” He provides a score card in his slides on how hybrid events have evolved.
Brian, starting at 12.00 is entertaining as he describes the trials and tribulations of post-COVID travel. He has several hilarious slides and also useful advice on what events should aim to deliver for customers, prospects and partners (and also how partners could be effectively using the events) – and yes, us analysts.
I start at 24.08. I had much less travel than either Jon or Brian last couple of years, But I made up with over 700 virtual conversations – about 200 for books by execs at IFS and SAP my team has contributed to and another 500 in various video episodes of Analyst Cam, Burning Platform and New Normal. I also describe the events I was at in-person and some of my travel experiences.
Part 2 is more of discussion between the 3 of us. We cover what we like and don’t like about keynotes and guest speakers, whether we prefer dedicated analyst summits or use conferences, need for expanding ecosystems and their presence at events, showcasing differentiation products and business models and lots of other areas event planners will find helpful
November 13, 2022 in Burning Platform, Industry Commentary | Permalink | Comments (0)