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the new revolution: how deloitte consulting is helping organizations get ready for industry 4.0

by:QY Precision      2019-10-30
Internet of Things (IoT)is a fast-
The rhythm of innovation everywhere took over our dayto-
Today, we want to disrupt business.
If you are not familiar with the internet of things, it consists of physical devices that connect to the Internet, connect to each other and exchange data.
These devices include your Fitbit, smart TV, smart appliances, vehicles, etc.
All of this poses unique challenges for businesses as they strive to maintain a leading position in smart technology.
Deloitte Consulting is at the forefront of technical consulting, providing consulting on human capital, strategy, operations and technology for global enterprises.
The key to this technology sector is the consumer and industrial product sectors.
After all, when we talk about the internet of things, we are actually talking about physical products.
Stephen Brown and Tim Hanley of Deloitte Consulting.
Tim Hanley and Stephen Brown, head of Deloitte\'s consumer and industrial products, are global leaders and Brown is a leader in Canada.
Haley and Brown are currently addressing business leaders on IoT best practices.
They recently wrote a review article on the Vancouver Sun and gave a speech for the Power Hour lunch at the Vancouver Trade Commission, \"discussing the impact of the internet of things, and research can make full use of this evolving technology.
Deloitte attended 2018 World Economic Forum in Davos, Switzerland.
Industry 4 is part of their Davos insights.
Are you ready? ” was released.
Key research industries 4.
0, provides an understanding of whether government and industry leaders are ready for IoT technology. Some 1,600 C-
A survey of top executives in 20 countries showed that most of the people surveyed were not prepared to deal with IoT innovation, but they soon had a glimmer of hope.
Highlights of the report include: only CXOs are very confident that their organization is ready to take full advantage of industry 4. 0’s changes;
The quarter of the CXOs surveyed is very confident that they have the right workforce composition and skills they need in the future;
Executives don\'t feel the urgency of addressing the future challenges of the workforce-there is no need to make fundamental changes at all, and ultimately get them where they need to go.
I attended the GVBOT Power lunch and had the opportunity to talk to Hanley and Brown about their insights into the internet of things, what is Deloitte\'s future, and how Deloitte can help businesses prepare for the industry. 0 revolution.
Mark Abbott: Considering the speed of the Internet of Things and the fact that smart technology has taken over our lives, companies are racing to launch smart products to consumers.
What impact does this have on the supply chain?
Centered on design and quality assurance?
What is the challenge?
Tim Hanley: it\'s mainly around brands and companies that protect their brands.
They are very smart when they fully understand what consumers want.
Potential growth opportunities are huge, but they grow so fast that they have to be careful about their supply chain.
Many of these companies are virtual. they outsource manufacturing.
They may have a product like a clothing product, they are a brand company, a design company, a lifestyle company, not a manufacturer.
So they have to be absolutely aware that if they don\'t have a proper supply chain or they have a contract manufacturer, that\'s where we see some of the companies going down (
Consider Apple.
And their contract manufacturers).
The best companies are very diligent in their supply chain and are sure they can keep up with the changing growth and demand.
Sometimes you have to change according to the customer\'s requirements.
Stephen Brown: I think there are a lot of cases now where the quality bar is more or less a bet on the table.
You will think about the development of the automotive industry, and how in a generation, from \"quality is work\" to \"of course, I expect 100,000-
Km warranty and my car can be used for 10 years, so the human factor for me --
Centered on design, put your customers at the center of everything you do and all the touches --
This is where the company won the battle.
Ma Yun: Maybe this is beyond your authority, but do you work with the company on cybersecurity?
Data protection, privacy laws and regulations
Especially in the internet of things?
We heard a lot about data leakage. SB: (Deloitte)
There are prominent businesses in cybersecurity, and we are working with some startups
Ups wants us to stamp the approval stamp on their regulatory compliance, especially on privacy.
We are working with a company set up in Vancouver who are moving forward with some amazing technology while realizing full compliance with privacy regulations.
They are using a technology called token to connect data;
Do not lose the mapping and do not violate the privacy agreement.
Ma Yun: In your speech, you all mentioned customer data, how they care about how their data is sold to unknown third parties.
Sometimes, I feel that customers are becoming more and more clear, but if they buy Amazon Echo, they don\'t think about what happens to any personal data that may be collected and shared. Any thoughts?
What\'s interesting about this-if you\'re there to post our comments on the ecosystem and the companies that work with others --
You have to have a network shot of the people you work.
Because sometimes Company A and Company B exchange data, you may think that cooperation has A good business purpose. you may think that your enterprise has all the right network security control, but you may not have an ecosystem partner.
So I think that part
Real Savvy companies are incorporating this thinking process into their decisions.
SB: what I \'ve heard in the last few weeks is the use of blockchain --
I don\'t know what this is all about.
In order for you and I to be able to control and measure the use of our personal data at the time and place we deem appropriate, and to be able to monetize our own data.
You start thinking about your health and the use of these things (
Point to Fitbit watch)
All your online shopping and financial information, able to control and monetize your own data.
Think about the value of it, it really mind --blowing.
Ma: What do you think of this relatively new evolution of the public?
Private collaboration in IoT and smart technologies?
For example, progress in self-respect
Driving a vehicle or letter (
Parent company of Google)
The Sidewalk Lab, in partnership with downtown Toronto, created a \"smart community \".
Is this a challenge?
I think this is a challenge and an opportunity.
In fact, it\'s interesting for you to ask this question.
You might have heard me say I\'m at the Consumer Electronics Show. CES)
At CES, Deloitte was chosen to hold a two-day party at the intersection of smart city and smart mobile.
As part of our overall effort, we had people from the sidewalk lab do a demo.
We held the theme of the day is the progress of the smart city, the theme of the next day is smart mobile, self-driving cars --
Sharing and so on.
Toronto is one of the world\'s leading cities and you should be proud of it.
At CES, people on the sidewalk talked about the Toronto project.
But you might have heard me say that, too. Ford Motor Co. CEO)
Jim Hackett gave a keynote speech.
His speech involves not only Ford\'s smart city solution, but also smart city and future city and how it will work.
I think this is a very interesting topic.
Deloitte\'s customers are also very interested in this.
SB: based on the questions you ask, take Toronto as an example and you have a mayor who is very enthusiastic and supportive.
You have a federal government that is very important in terms of innovation, and as a country you need to choose our place and study it in depth.
As I learn more about artificial intelligence, Canada has an amazing place in the world in terms of depth of knowledge.
Some of the founding members of the technology are Canadians.
I think we are facing some very exciting opportunities.
It won\'t make me have any anxiety about the public.
Private partnership;
In this case, it will be essential. I’m optimistic.
Mark Abbott is a contributor to technical and business writing in the province.
His areas of interest include the Internet of Things (IoT)
Data protection, privacy law, and cyber security.
He lives in Vancouver.
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