why hardware and software may be your worst iiot investments

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KCF Technologies, Inc. - Copyright 2018 November 1, 2018 Ben Lawrence, Vice President Why Hardware and Software may be your WORST IIoT Investments

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KCF Technologies, Inc. - Copyright 2018

November 1, 2018Ben Lawrence, Vice President

Why Hardware and Software may be

your WORST IIoT Investments

PROBLEM #1:

Too many broken bottles

PROBLEM #2:

Make it faster

Global Head of

Reliability

Data Analyst

IT Dept.

VP Operations

Newest Equipment + Leading IT Systems + Weak Field Leadership =

80% lower ROI vs. the competition + Desperate but not ready for IPO + A Field Team who RESISTS corporate mandates.

Case Study #1: Oil & Gas Company A

Oldest Equipment + Archaic IT Systems + Strong Field Leadership =

$50 Million Add’l Profit + $300M Successful IPO + A Field Team who CARES…

In half the time of Company A

Case Study #2: Oil & Gas Company B

Key Takeaways

• Give your shop floor workers a voice

• Partner with IIoT companies who have rough hands and dirty fingernails

© Siemens AG 2017

April 2017Page 264 siemens.com