liveworx.com #LIVEWORX THINGWORX: PLATFORM FOR MANAGEMENT REVOLUTION W. David Stephenson Stephenson Strategies
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liveworx.com # L I V E W O R X
THINGWORX: PLATFORM FOR MANAGEMENT REVOLUTION
W. David Stephenson Stephenson Strategies
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KEY POINTS
1. Radical management change
2. Major shift in management thinking
3. Results: efficiency & precision, AND creativity, revenue streams, customer loyalty
4. Total transformation!
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IOT: TOTAL REVOLUTION!
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THE CIRCULAR COMPANY
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“For companies grappling with the transition [to the IoT], organizational issues are now center stage
—and there is no playbook. We are just beginning the process of rewriting the organization chart that has been in place for decades.”
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everyone needing real-time data about things to make better decisions and/or run things better,
can share it instantly.
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COLLECTIVE BLINDNESS
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• tell if machine was going to fail
• optimize assembly lines
• predict traffic
• predict when parts were needed
• tell how customers used our products
WE COULDN’T —
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HIERARCHY
Source: China Tour Guide
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LINEAR PROCESSES
Source: Pinterest
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“.. scientists adopt new instruments .. look in new places… more important … scientists see new and different things when looking with familiar instruments in places they have looked before.— Thomas S. Kuhn
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EVERYONE SHARING REAL-TIME DATA
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99.9988%
UNPRECEDENTED PRECISION
Source: Siemens
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MAGIC OF COLLABORATION
Source: Clixmarketing Source: Clixmarketing
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HOW THINGS REALLY WORK
Source: PTC
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TRANSFORM DESIGN PROCESS
Source: PTC
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CLOSE THE LOOP
Source: PTC
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DATA-CENTRIC COLLABORATION
Source: Apple HomeKit
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EMPOWERED USERS
Source: IFTTT
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DEMOCRATIZE DATA!
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FEW PRECEDENTS
Source: Infinitive
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FEW PRECEDENTS!
Source: Dan Nuyen
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NEW ATTITUDES VITAL:
SHARE DATA, DON’T HOARD IT!
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NEW ATTITUDES VITAL: CLOSE LOOPS
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ACCOUNTABILITY
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NEW ATTITUDES VITAL: RETHINK PRODUCTS
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REVOLUTION INEVITABLE?
Source: TEDed
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