The rapid proliferation of service-based models, including Software-as-a-Service (SaaS) and asset management, is attracting new market participants to the analytical instrumentation space. In just a few years, analytical SaaS instrumentation and...
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Dec 20, 2018 • News • Connected Assets • Connected Field Service • Frost and Sullivan • Future of FIeld Service • field service • Test & Measurement • Managing the Mobile Workforce
The rapid proliferation of service-based models, including Software-as-a-Service (SaaS) and asset management, is attracting new market participants to the analytical instrumentation space. In just a few years, analytical SaaS instrumentation and cloud-based alternatives to legacy solutions will dominate the industrial sector due to the shift in customer focus from instrumentation features to the ways in which the technology can help enhance business outcomes.
"As the data collected from instruments can potentially deliver more value than the hardware, there is high demand for analytical instruments that mine data and convert it into actionable insights,” said Mariano Kimbara, Senior Industry Analyst, Industrial Group at Frost & Sullivan.
"Consequently, service providers are delivering software solutions that help digitize lab operations by intelligently connecting people, processes, data, and instruments. These solutions will allow users to target services more strategically, better utilize assets, reduce downtime, and plan program schedules."
Frost & Sullivan’s recent analysis, Advanced Services in the Analytical Instrumentation Market, Forecast to 2022, identifies new areas of advanced services, including asset management services, radio frequency identification (RFID) inventory control services, laboratory intelligence services, consulting services, and compliance services. It also offers a deep dive into new data-driven business models.
For further information on this analysis, please visit: http://frost.ly/2ze
"In the current connected era of continual business transformation, there is an intense need to consolidate all work order management activity into a unified, automated data platform to optimize costs," noted Kimbara. "System vendors are, therefore, offering new, unified platforms that remove organizational silos and ensure connections among cross-functional divisions, linking sales, procurement, finance, logistics, suppliers, and scientists."
In addition to developing integrated service capabilities, market vendors could explore the growth opportunities present in:
- Delivering an OPEX model. Create an asset management service that increases visibility into the condition of existing assets.
- Shifting from a reactive business model to a proactive business model. A central data platform with automated allocation of instruments and inventory based on project demand and timelines can help anticipate events and lower costs.
- Tapping opportunities to cross-sell. The growth of asset management services could lead to revenue opportunities from rental services.
- Delivering offline and online measurement services. They can expand service lines through partnerships with software analytics providers.
- Making available expert, multi-vendor instruments service support for instruments in the entire laboratory.
Advanced Services in the Analytical Instrumentation Market, Forecast to 2022 is part of Frost & Sullivan’s global Test & Measurement Growth Partnership Service program.
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Dec 10, 2018 • video • Features • Astea • Connected Field Service • Future of FIeld Service • future of field service • IIOT • field service • field service management • Industrial Internet • Internet of Things • IoT • Service Management • John Hunt • Managing the Mobile Workforce
In this third excerpt from an exclusive fieldservicenews.com presentation Kris Oldland, Editor-in-Chief, Field Service News is joined by John Hunt, Managing Director, EMEA, Astea to discuss the key findings of a research project Astea undertook with...
In this third excerpt from an exclusive fieldservicenews.com presentation Kris Oldland, Editor-in-Chief, Field Service News is joined by John Hunt, Managing Director, EMEA, Astea to discuss the key findings of a research project Astea undertook with WBR.
Here, they turn their attention to the findings that were uncovered as the research focussed in on the adoption of IIoT amongst manufacturers as the two discuss just how widespread the adoption of connected field service is in today's business eco-system.
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Nov 27, 2018 • News • Connected Field Service • Future of FIeld Service • Berg Insight • field service • field service management • Internet of Things • IoT • Service Management • Field Service Technologies
Berg Insight presents a unique database covering the 350 largest cellular IoT deployments identified as part of the company’s world-class IoT market research activities since 2004.
Berg Insight presents a unique database covering the 350 largest cellular IoT deployments identified as part of the company’s world-class IoT market research activities since 2004.
The extensive list includes various types of projects and product categories deployed across all types of vertical markets including aftermarket automotive, fleet management & MRM, healthcare, OEM automotive, retail applications, smart homes and buildings, utilities, wearables & consumer electronics as well as industrial M2M and other. The database includes project size and geographical distribution by the end of 2017 as well as a 5-year forecast for each individual project.
“The projects included in the top-350 list together account for approximately 214 million active cellular IoT subscriptions”, said Rickard Andersson, Principal Analyst, Berg Insight. He adds that this corresponds to as much as 33.0 percent of the total number of cellular IoT connections worldwide at the end of 2017.
The 350 projects on the list are in the coming years forecasted to grow to 521 million units by 2022, corresponding to an overall compound annual growth rate (CAGR) of 19.5 percent. “More than 40 deployments on the list have surpassed 1 million subscriptions and the top-10 projects alone account for over 80 million units”, continued Mr. Andersson. Fleet management & MRM is the largest vertical in terms of the number of projects that made the top list, followed by retail applications, aftermarket automotive and OEM automotive as well as smart homes and buildings.
When comparing the number of active subscriptions represented by each vertical for the entries in the top-350 list, OEM automotive is instead the largest vertical, accounting for 46 million units, ahead of utilities at about 34 million units and fleet management & MRM representing 31 million units.
Download report brochure: The 350 Largest Cellular IoT Projects Worldwide
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Nov 14, 2018 • News • 5G • Connected Field Service • Future of FIeld Service • IIOT • field service • field service management • IoT
Fujitsu Limited and Ericsson have entered an agreement to deliver end-to-end 5G network solutions and related services under a strategic partnership. The two companies are joining forces to develop this based on their combined portfolios – spanning...
Fujitsu Limited and Ericsson have entered an agreement to deliver end-to-end 5G network solutions and related services under a strategic partnership. The two companies are joining forces to develop this based on their combined portfolios – spanning radio access and core network – for the dynamic 5G market in Japan, connecting communications service providers to the global 5G ecosystem.
The two companies aim to initially provide systems and solutions for the Japanese market, and seek to further expand their collaboration to other customers globally.
In the 5G era, mobile communications service providers anticipate the ability to provide highly scalable, and intelligent services through open and globally standardised technology for core and radio access network for more efficient network operations.
Ericsson and Fujitsu’s strength in research and development will ensure the best path for bringing global 5G solutions to Japan, as well as exploring a wider global market.[/quote]As a leading network technology provider, Fujitsu is making concerted efforts to support open standards activities driven by major telecommunications providers and aims to achieve broad interoperability for its radio access products in global markets.
As a world leader in 5G, Ericsson has worked closely with mobile operators around the world in the development of 5G, through standardization, trials, and prototyping.
Ericsson and Fujitsu’s strength in research and development will ensure the best path for bringing global 5G solutions to Japan, as well as exploring a wider global market.
Tango Matsumoto, Executive Vice President, Head of Network Business Group at Fujitsu, says: "Through this partnership with Ericsson, we will provide flexible 5G network systems that are open and standard compliant, and will leverage our expertise in wireless technologies and network integration to a wide range of customers in and outside of Japan. From mobile broadband, expected to be the first widespread use case of 5G, to the Internet of Things (IoT) and beyond, this partnership holds out the promise of exciting new business opportunities."
Fredrik Jejdling, Executive Vice President and Head of Business Area Networks at Ericsson says: “Our global expertise in 5G combined with our understanding of the local market puts us in an excellent position to support the introduction of 5G in Japan. By working closely with operators and partners, we are creating solutions that will bring successful use cases and applications to the market. With Fujitsu we get an excellent partner to accelerate this development.”
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Oct 24, 2018 • Features • Augmented Reality • Connected Field Service • Future of FIeld Service • future of field service • Mark Brewer • Remote Assistance • field service • field service management • IFS • Internet of Things • Service Management • Managing the Mobile Workforce
Mark Brewer looks at how and why the two big technologies that are set to alter our industry forever are likely to converge...
Mark Brewer looks at how and why the two big technologies that are set to alter our industry forever are likely to converge...
To most people, the idea of a Digital Twin is largely just that - an idea. The concept may make sense, but they can’t be sure they’ve actually seen it demonstrated in the real world. Or at least not in any useful everyday purpose... yet.
It’s different for those working in Field Service.
Digital Twin is on everyone’s lips, an exciting buzzword that’s changing the shape of the sector and opening the door to new possibilities.
Forward-thinking Field Service organisations are already factoring it into their planning and monitoring activities and may even be deploying it where they can.
Why is Digital Twin such a hot ticket in our world?
Raising the game
The focus of Field Service centres on improving the reliability of an organisation’s assets. By enabling them to operate efficiently for longer, with less maintenance, you enjoy a greater return on investment while also spending less on upkeep and parts.
Clearly, the ability to accurately predict potential problems in those assets before they happen is a big help in achieving the above. Even more so, if steps can then be taken to not only rectify these issues but also provide a better experience for customers.
"A study by The Service Council found that four in ten incomplete service visits to fix equipment would benefit from the use of live video or AR..."
AR combined with the Internet of Things (IoT) does all this... which explains why the Field Service sector is so excited about it. The result is known as the Digital Twin – creating a bridge between the physical and the digital.
A study by The Service Council found that four in ten incomplete service visits to fix equipment would benefit from the use of live video or AR
Better connectivity, together with more accessible relevant tools were considered to improve the speed and quality of issue resolution - meaning that less pressure is put on company resources on-site.
A remote revolution
Thinking about practical examples, it’s not too difficult to see what a difference a Digital Twin would make, almost immediately.
Imagine you’re maintaining an elevator that’s installed in one of your customer’s offices.
Thanks to AR, your engineers can view a digital representation of that elevator, on their screen in your offices or on the road on their iPad, nowhere near the physical location of the asset. They can monitor operations virtually, from the comfort of their desk and without having to visit the elevator.
The 3D model on their screen is generated using engineering data with the output of the various sensors installed on the physical equipment augmented onto this. Some show power consumption, to see how efficiently things are running. Others might show spikes in voltage or the level of vibration and wear generated by the hoist as it runs up and down the building floors, whilst also indicating the number of trips completed and speed.
"On-screen augmentations and animated sequences give those involved an accurate visual indicator of any parts required, and how they may be assembled or disassembled..."
In short, it gives your engineer a comprehensive insight into the status and performance of the equipment.
When an issue does arise or a part needs replacing or upgrading, instead of having to drop everything and go directly to the site, they may instead be able to talk to a trained individual who may be based on-site, and direct them through the repair/replace process. Using a connected device such as an iPad or laptop, the on-site employee can share live footage and follow the remote engineer’s lead to perform the required maintenance.
On-screen augmentations and animated sequences give those involved an accurate visual indicator of any parts required, and how they may be assembled or disassembled. What’s more, the engineer can tag other team members who may either have useful knowledge to contribute or might just want to learn how to perform the task for next time around.
Sharing knowledge
Given that service parts and equipment are becoming increasingly complex and expensive, this process offers a great alternative for Field Service providers to continue providing excellent service while improving uptime and consequently saving customers time and money.
Moreover, it promotes the idea of ‘democratised knowledge’ - the sharing and passing on of vital skills and expertise from experienced engineers to workers that are onboarding. This way, as the seasoned workforce ages, their insights are therefore not lost but live on in even more tech-savvy younger employees. Which is a huge benefit when it comes to training and upskilling.
As said, the benefits of the Digital Twin in Field Service could be game-changing which is why so many of us in the industry are talking about it. Looking beyond predictive maintenance, the Digital Twin also opens up the opportunity to provide value-add recommendations to your customer in the use and operation of your equipment, as well as giving valuable insights to your own R&D organisation for future engineering changes.
What could the Digital Twin mean to you, your organisation and the service levels you are able to deliver to your customers?
Mark Brewer, is Global Industry Director, Service Management, IFS
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Oct 19, 2018 • Features • Management • Connected Field Service • Jan Van Veen • moreMomentum • field service • IoT • Service Management • Managing the Mobile Workforce
Jan Van Veen continues his latest exclusive Field Service News series on how companies can monetise their services with IoT as he turns his attention to something many companies struggle with - better articulating their value proposition...
Jan Van Veen continues his latest exclusive Field Service News series on how companies can monetise their services with IoT as he turns his attention to something many companies struggle with - better articulating their value proposition...
Central question: How to monetise Services & IoT
Many manufacturers experience pressure on growth, revenue and margins.
Their products and services are being commoditised. Competition from lower-cost alternatives are arising. On the other hand, there are huge opportunities with new technologies, value propositions and business models.
One of the important trends is that value proposition and offerings become more data-driven and more service oriented. However, many manufacturers are product-driven businesses which do not fully appreciate the value service has for their customers and own business.
So, one of the central questions is: How to Monetise Services and IoT in order to Grow in a Disruptive World?
The capability to monetising service and IoT is mission-critical for sustainable performance and existence of manufacturing:
In a series of articles, we cover 3 critical steps which make the difference between success and failure in monetising services and IoT:
- Solve bigger customer problems, which is all about creating significantly more value for customers.
- Articulate the value
- Build internal momentum for monetisation
Common mistakes
Too often we see that (new) services, solutions or features are promoted without connecting the dots to their bigger problems.
For example, a client of mine – a major equipment manufacturer – experienced the power of explicitly connecting the dots. They were launching the first version of a portal to serve DIY clients which had their own maintenance departments.
They initially presented the benefit of the portal with many online manuals (version 1 of the portal) as a way to save time every time a maintenance engineer of their client would need to find the right manual. It appeared to be tough to sell paid subscriptions for this portal.
Only when the manufacturer articulated their view of the key problems of their clients’ maintenance departments and how the portal would solve these problems, did the clients get really interested.
The dominant problems of the maintenance departments were not finding manuals, but the daily pressure to increase availability and uptime at shrinking budgets and that, that their engineers had slow learning curves due to low volume of certain problem-solving work.
"A portal which would evolve into a broad toolset for best practices, troubleshooting and maintenance management was considered a crucial asset..."
A portal which would evolve into a broad toolset for best practices, troubleshooting and maintenance management was considered a crucial asset.
Furthermore, we often see manufacturers thinking and talking about features and activities, instead of customer value. Clients only pay for the value they perceive, not for what you do.
A striking example were field service engineers of another client, who would spend a full day in pairs to install equipment which was already delivered a couple of days before. A few days after installation, another colleague would visit the client for training and commissioning.
The two engineers would unpack all components and assemble the components, connect it to a couple of other devices from different brands which involved many integration issues, connect their equipment to the computer network – which involved loads of security and networking issues which the engineers had to solve with IT departments – which by nature tend to be reluctant.
And here is how they briefed their client when they started the job: “We are here to unbox the components, put the bits and pieces together and make sure everything is there, so the trainer is ready to go……”
Their client did not even know what kind of complex integration problems the engineers were solving. Actually, their client even wondered why his supplier did not have more mature and efficient processes to get the job done. And by no means are the engineers to blame for this.
Some practical solutions
You can easily start improving on these common mistakes:
Build a compelling story of your view of your customers' challenges, opportunities and problems, which is validated by (a segment of) your customers. Relate this as much as possible to strategic or crucial priorities of your clients.
- Include a view on how your clients could best pursue these opportunities and solve these problems. Don’t make this a big thing, just start with a first strawman version and let it grow in time.
- Link the characteristics and benefits of your solutions and services to the view of your customers.
- If possible, quantify the benefits in terms of the strategic or critical priorities.
- Ensure that your value story is well articulated in your messaging to (the specific segments of) your clients and is consistent across all touch points. This may involve some staff training..
The Benefit
Manufacturers which are better in articulating their value see that both customer-facing personnel and their clients better see the value, better appreciate the value and therefore also find it more logical pay for this value.
Hence, these manufacturers generate more new revenue streams with higher margins and differentiate more from their competition.
Give monetisation of services and IoT an Impulse
If you want to accelerate the monetisation of your (new) services and IoT, join our upcoming Impulse Sessions on “How to Monetise Service and IoT”. These are full day interactive meetings with like-minded peers, during which we will exchange experience, insights and challenges.
Book your seat @ https://moremomentum.eu/impulse-sessions/
Essence
Delivering value to customers does not automatically also capture the value – that is, monetise the value delivered. If the delivered value is not clearly articulated for clients (and staff), both will take it for granted or maybe even not recognise it.
Jan Van Veen, is Founder of MoreMomentum
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Oct 18, 2018 • Features • ABB • Connected Field Service • Future of FIeld Service • Podcast • field service • field service management • IoT • Service Management • Field Service Podcast • Kevin Starr • Service Automation
In this, the latest edition of the Field Service Podcast, Kris Oldland, Field Service News, Editor-in-Chief, is joined by Kevin Starr of ABB oil and Gas as they talk about the huge impact of automation within field service delivery.
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Oct 17, 2018 • Features • Connected Field Service • Future of FIeld Service • field service • field service management • IoT • Service Management • Curtis Thomson • Service Automation • SimPRO
The United Kingdom’s army of tradespeople who monitor, maintain and fix the billions of pounds of equipment that keeps offices, factories and shops open have become the new frontline in the advance of the Internet of Things (IoT).
The United Kingdom’s army of tradespeople who monitor, maintain and fix the billions of pounds of equipment that keeps offices, factories and shops open have become the new frontline in the advance of the Internet of Things (IoT).
As the internet and smartphones become primary necessities over paper and landlines, trade services must embrace the next phase of business evolution in order to remain relevant in the market and to appear dependable, effective and cutting-edge for the modern customer.
Though not a brand new concept, IoT has become the herald of this new chapter, facilitating unique connections with the latest job management and service technology and forever changing the way the industry operates.
The Internet of Things (IoT)
IoT has been defined as the concept of connecting any electronic device to the internet and to other connected devices. It works an application or service that uses information collected from sensors – or the “things” – and then analyses the data from the sensor to perform a specific function.
Through IoT, a giant online network is created which allows previously unrelated technology to speak to each other and combine forces to create new functions that generate new levels of convenience for the user. Many tech experts have used smart TVs or fitness watches that generate a tailored exercise plan as examples of IoT.
Why should trade services care?
According to Curtis Thomson, simPRO Director at one of the world’s leading job management software companies, IoT projects have now moved well beyond the initial trials and high-end proof of concepts and are being actively rolled out by leading service companies and manufacturers across the UK.
For these companies, however, it’s not about programming driverless cars or automatic toasters and coffee machines for the break room. Trade service companies are eager to get in on the IoT action because when their systems are all connected and talking to each other, they have the potential to improve their service delivery, considerably cut costs, and deliver an improved customer experience.
“Think about the IoT in terms of field service applications,” Thomson said.
“Say, for example, you have an accelerometer fitted to the cooling tower on top of a building that could take vibration readings, log them to your database, and alert you when the vibrations fall out of a range.
“Or, you have sensors in the fire detection or sprinkler systems all constantly monitoring and reporting back the current state of the equipment they are tasked to keep an eye on.
"When an event occurs that falls outside of a tolerable range for that piece of equipment, a notification is raised, a job is created to investigate, or an alert is sent to your customer..."
Then, when an event occurs that falls outside of a tolerable range for that piece of equipment, a notification is raised, a job is created to investigate, or an alert is sent to your customer.
“How could this impact your SLAs, or your costs, for that matter? What will your customers think about this – your ability to log, report and respond to potential defects before they even can tell something is wrong, and in between maintenance cycles?”
Thomson’s insight into the future of the trade service industry is why companies like simPRO are determined to add IoT to their repertoire. In 2018, simPRO customers across the UK have been able to access the company’s new IoT solution, which rolled out in June to more than 100,000 users across the globe to countries like Australia, New Zealand, the United States.
simPRO IoT takes hardware, software and data from businesses in the trade and field service industries and integrates them into one platform, allowing previously separate programmes and machines to talk to each other and provide automated solutions ordinarily requiring extensive manual effort.
simPRO’s IoT solution also includes machine learning, proactive action triggering and automation of field service activities, which significantly reduces the complexity of administrative tasks like selection, installation, integration and management, and can trigger field service activities for businesses in near real time.
The company has already begun working with airport lounge operator Swissport and facilities (building plant and equipment) management group Thermacell to keep guests at Luton Airport in the UK warm in winter and cool in summer.
IoT represents significant opportunity in the trade services market, with the number of connected IoT devices worldwide expected to jump 12 percent on average annually, from nearly 31 billion in 2018 to 125 billion in 2030, according to analysis from IHS Markit (Nasdaq: INFO). In the UK, statista reported that in 2018 the share of adults owned at least one connected device was 83 percent.
The ability for machines and data to connect and interact with one another goes far beyond allowing the human race to live like the Jetsons. The trade service industry’s IoT-laden future signals effectiveness, efficiency, profitability and all-around satisfaction for everyone involved.
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Oct 02, 2018 • Features • Astea • Connected Field Service • Future of FIeld Service • WBR • field service • field service management • IoT • Service Management
Adopting IoT as part of the greater service and business environment involves keeping up with industry changes as they take place.
Adopting IoT as part of the greater service and business environment involves keeping up with industry changes as they take place.
We recently looked at some research from Astea and WBR that looked at why companies were adopting IoT based approaches to service delivery. Now in the second excerpt from that same report, we look at the new challenges such new next-generation tools might bring to the table...
Is upgrading your field service systems a key issue for you?! There is a full white paper on this topic available to fieldservicenews.com subscribers - click the button below to get fully up to speed now!
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Now, the majority of field service companies are developing methods to make IoT-related services more efficient. Growth patterns suggest that they are being well received by customers as they use connected data to created advanced solutions.
Today, 75% of companies are using connected data and IoT to create advanced services; among them, 83% believe connected data and IoT lead to more profitable business decisions. Business decision makers who responded to the survey have identified several emerging applications of connected data where they are planning changes or are already seeing business results — security, product sustainability, new product technologies, and fleet management, among others.
Advanced Services in Practice
The research surfaced a wide-ranging and varied number of comments from service directors who participated which included:
“We are using connected data and IoT on an extensive level, with client dealings and remote problem solving with our advanced Affiliates Suite service to support client demands more efficiently. Under this service, we monitor data, alert clients about threats, and [provide] critical observation. With real-time data, threats can be diffused with faster diagnostics.”
“Recently, we have integrated IoT in order for vital health information to be passed on directly to those maintaining [the equipment]. With this innovation, the availability of details in timely manner is ensured, thus speeding treatment and dispensing medication. This solution will be subject to technological advancements from time to time with upgraded systems.”
“Once we derive information such as purchase patterns, market trends, [and] competitor stats, [connected data and IoT] is used to develop substantial products that are able to withstand and supply changing mechanisms. Advanced solutions using connected data and the latest upgrades benefit customers and organisation alike.”
Want to know more?! There is a full white paper on this topic available to fieldservicenews.com subscribers. Click the button below to get fully up to speed!
Sponsored by:
Data usage note: By accessing this content you consent to the contact details submitted when you registered as a subscriber to fieldservicenews.com to be shared with the listed sponsor of this premium content who may contact you for legitimate business reasons to discuss the content of this content.
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