Technology

Digitizing a Thing’s Life: Part 3 — Consumption

New modes of consumption changes how assets are owned, operated, and paid for. New ways of consuming products alters the entire Thing Lifecycle — from product design to asset operations, not just the making of an Internet of Things product. We saw in previous articles in this series on digitization of a physical thing how the four stages …

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Digitizing a Thing’s Life: Part 2 — Production

The design and manufacturing processes are profoundly impacted by the digitization of a physical thing. Digitization of a physical thing is more than the Internet of Things (IoT). More than connecting the thing and performing predictive maintenance. We saw this in part 1 of this series. In part 2, we will take a closer look at …

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Digitizing a Thing’s Life: Part 1 — Beyond Maintenance

Digitization has a profound effect on the lifecycle of a Thing, from design to its demise. Don’t we love stories of IoT (Internet of Things) and how predictive maintenance delivers economic value? We are fascinated by the phase of a Thing’s life that deals with operations and maintenance. Many consider a digital twin as a means …

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