“We must develop a comprehensive and globally shared view of how technology is affecting our lives and reshaping our economic, social, cultural, and human environments. There has never been a time of greater promise, or greater peril.” — Klaus Schwab
We are just starting 2019, with new hopes, ideas and projectsaround Innovation in Education and Training.
The opportunities that will be available to enterprises when the Fourth Industrial Revolution begins to take shape, like increased productivity and efficiency, improved customer quality service, faster access to data and value information, and massive improvements in enterprise. These are the 4 key success factors for the next years.
Investment increasing competitiveness: A clear majority of companies believe that the digital transformation to Industry 4.0 will increase their competitiveness. Utilise opportunities and reduce risks: Industry 4.0 represents a number of major opportunities for all companies. It will open up new ways for companies to integrate their customers’ needs and preferences into their development and production processes.
Standardisation through Integration IT Tech and Digital Data: There is some confusion with companies trying to innovate as to which standards will be adopted in the next five years. A huge challenge to overcome will be to derive a standardized system that works for all parties and allows for both horizontal and vertical integration, and results in maximum value for both present and future investments.
Workforce and new skills development: Adjusting talent and IT resources. Most of the companies noted that in many areas, they do not have all the staff they need to make the digital transformation to Industry 4.0. The need for efficient and effective workforce training and operation in the industry worldwide has become acute. Thanks to VR/AR, «advanced reality technologies and» digital information, technicians can focus in operation & maintenance task enables them to cut down on time spent on administrative tasks, significantly increasing productivity.
Disruptive Innovation through empowering exponential technologies: A majority of companies agreed that there are several key technologies “AI, IoT, BC, 3D printing, XR or Digital Twins” will accelerate the transformation process. Most companies are only just beginning to use these technologies and there is a risk that they may miss the opportunity, because some competitors have already been implementing it for several years and are developing the next generation of applications.
Simulation-based training, prefaced with traditional training methods on process fundamentals, is the most efficient and fastest way to train new employees and prepare them for their daily work providing huge added value and benefits.
Imagine how data transmitted from a Wind Turbine engine while operates can provide advance notice of potential failures. How use digital twins for engines to monitor their performance and carry out preventive maintenance. How digital twin technology is helping Companies understand and manage the operation of machines operating around the world, and craft next generation wind turbines and engines.
What is the digital twin?: A digital twin, according to Gartner, is a digital representation of a physical object. It includes the model of the physical object, data from the object, a unique one-to-one correspondence to the object, and the ability to monitor the object.
Digital twins have been around since 2002, but only gained momentum in 2017 when they became cost-effective thanks to an increase in the adoption of the Internet of Things (IoT) and cloud technologies, which enable low cost, high storage and compute, high throughput messaging, security, and more.
Now, you can join Carlos J. Ochoa Fernández and ONE Digital Consulting at VR/AR webinar to discuss the ‘Impact and ROI of VR/AR in Training‘ released last January 16, 2019. With David Trainor, Jeff Meador, Marlo Brooke. With 300+ registered attendees for this live session including Q&A.
The VR/AR Association (VRARA) is an international organization designed to foster collaboration between innovative companies and people in the VR and AR ecosystem that accelerates growth, fosters research and education, helps develop industry standards, connects member organizations and promotes the services of member companies
Carlos J. Ochoa Fernández