Transcript 0:00 [upbeat music] Welcome to The Peggy Smedley Show, the podcasting voice of IoT and digital transformation with your host, Peggy Smedley. 0:21 Hello, listeners, and welcome to today's edition of The Peggy Smedley Show. As always, I'm your host, Peggy Smedley, and what a great day to be on the radio. 0:31 We've been talking about 5G so far in twenty nineteen, and that's because it's going to be so important to the future of the Internet of things. 0:40 And during the month of June, I'm going to be looking forward to more great discussions about 5G, and this time within the context of the workplace, and how might 5G affect workplaces. 0:57 You need to go up to our website at connectedworld.com and read our latest feature, and this will give you a very good idea about how to answer this question. And here on the show today, we'll explore this topic as well. 1:12 Today on segment one, I'm going to be focusing on how 5G and specifically in manufacturing. 1:19 Then later on in the show, I'm going to be talking to David Van Dorselaer, who's the Industry Solutions General Manager for Manufacturing, Transportation, and CPG at AT&T Business. 1:32 He's actually gonna be here right in the studio today, so I'm pretty excited about that. 1:37 And then I'm gonna wrap up the show with Susan Dalton, who's the Vice President of Smart Technologies and IoT of GCP Applied Technologies, and we're gonna have an incredible conversation, so stick around for that as well. 1:51 So let's get started. 5G is really in its infancy, and it's really hard to understand, but during this early phase of technology development to under-- really kind of understand all the ramifications. 2:06 But the reality is 5G is exciting. But I, I think I can say this. 2:14 5G is expected by many to be disruptive technology that will bring a lot of economic value to our society. Now, what kind of value are we talking about? What kind of value am I talking about? 2:29 Well, according to Research and Markets, the global 5G market is expected to reach two hundred and seventy-seven billion by twenty twenty-five, growing at a compound annual growth rate of a hundred and eleven percent between twenty nineteen, this year, and twenty twenty-five. 2:50 So 5G is going to support the growth of the IoT, including autonomous robots in a myriad of industries and connected devices in sectors like retail, manufacturing, energy, among a whole host of others. 3:04 If you're still not sure what the hype is all about with 5G, let me fill you in briefly because I think this is important. 3:13 The fifth generation of cellular mobile communication will offer really low latency and high bandwidth. 3:19 Now, you've heard me say that many times before, but the speed and low latency will enable new use cases across every vertical market. 3:29 Now, AT&T is on the record saying the arrival of 5G technology will prompt manufacturers' biggest transformation yet, surpassing all previous industrial revolutions. Now think about that. 3:44 That's a pretty bold statement. Now, 5G offers operational intelligence, the holy grail for enterprises competing for businesses in a connected world. 3:57 So the factories of tomorrow will run on insights derived from operational intelligence. 4:03 So sensors monitoring every aspect of a factory work-- ev-- kind of a factory's working environment will rely on 5G connectivity to deliver real-time data that can make operations more efficient. 4:19 Now let's take a look at how this may work, I think in real life, what we're talking about today and the way we live. 4:27 If you attended IMTS, the International Manufacturing Technology Show, just last fall, you may be familiar with aspects of this case study. And I know you might have heard this, but let me kind of repeat it again. 4:41 The Fraunhofer, if I'm saying it right, the Fraunhofer Institute of Production Technology teamed up with Ericsson and GF Machining Solutions to present a 5G-enabled adaptive manufacturing solution that demonstrates how 5G could impact industry so much. 5:01 And I think this is so cool that I'm really excited about what they're showing because first the... First things first. Let, let me s- take a step back here. 5:10 As many of you know, when milling parts are at high speeds, vibrations can kind of create havoc, creating defects and forcing costly rework. 5:21 Even the slightest surface defects aren't going to fly in some sectors that have really strict compliance controls like aerospace. Now, here's what has been happening. 5:34 Blades, integrated discs, which are a component of the jet's engine's compressor, were coming out subpar.Now think about that for a second. 5:44 Up to twenty-five percent of these disks needed rework, and this was costing a lot of time and money. Now think about the time and money just in this. 5:54 So Fraunhofer and Ericsson and GF Machining Solutions came together to create a real-time processing monitoring solution based on 5G technology that can communicate with sensors and machines to reduce errors in jet engines milling production. 6:14 To give you a sense of what we're talking about here, 5G can deliver sensor and production data in less than one millisecond. One millisecond. 6:24 So the ultra-low latency of Ericsson's 5G network unlocked better production control, allowing for fault detection and adjustment of the cutting parameters in real time. 6:38 So this of course led to better quality and far less rework. Now, as a manufacturer, you're getting this. You are totally understanding, and I'm betting you're, you're digging exactly what I'm saying here. 6:50 So put a number on it. The customers estimate, and all these companies are estimating, that by using 5G-enabled process monitoring, a factory could save up to thirty million annually. 7:04 Now think about that, thirty million annually. So this is really important, folks. This is what we're talking about. So but let's talk about a few more ways 5G could impact manufacturing. How about video speeds? 7:18 We tend to think faster, reliable video will benefit other industries, but manufacturers will be really excited about it as well. So let's think about this. 7:29 Consider factory video monitoring and the use of artificial intelligence to analyze video feeds in real time for product quality, machine health, and even safety issues. This application will certainly benefit from 5G. 7:46 So if you think about it more like this, in reality, any industry that currently uses or may use remote training or video conferencing solution will also benefit from 5G, and we're talking about manufacturing. 8:00 Now remember, my roots all come from manufacturing, so I can really get to the heart of why manufacturing is going to get this. 8:09 So if any of you know, and you're sitting there going, "Peggy, I get it, because you understand manufacturing. That's where you started all of this." 8:16 So similarly, any business that relies on mobile connectivity indoors, especially in a warehouse or in a factory environment with a ton of square footage, will also benefit from 5G's improved indoor connectivity. 8:32 So think about all the benefit here. 5G will also help enable key Industry 4.0 trends such as digital twins automation and robotics, which are already taking the manufacturing world by storm. 8:48 I mean, we're all talking about the digital twin. I mean, it's so cool when you think about the possibilities. 8:54 Automation, we've been talking about robotics, we're talking about cobots, we're talking about collaborative ways of working together. 9:02 You know, and if you think about this even more, we should also consider how 5G may impact equipment fleet management for manufacturers. 9:11 Remote management of equipment is an important part of achieving optimal operations. I mean, those are really critical. 9:20 You know, diagnostic data can also be for predictive maintenance, which can give any manufacturer an edge in predicting faults, assessing issues, and maintaining all of the machines throughout its life cycle. 9:36 Sometimes we forget that, but that's really critical when we're trying to keep things humming along. It's so very important. 9:44 So if you really think about this and you really take time to really look at the importance here, 5G is going to make all of this smoother, which is going to add to a manufacturer's bottom line overall. 9:59 We're talking about keeping improvements, we're talking about making things more profitable, and we're talking about improving efficiency quicker, faster. So here's my opinion for today. 10:12 Manufacturers and manufacturing is in for a big change thanks to 5G, and I think a lot of us aren't really thinking about that, but we need to. 10:21 We've been talking about this fourth industrial revolution as a result of the IoT for a while now, but I believe 5G is going to help push us into this new era of manufacturing. 10:36 We've been saying that manufacturers have been reluctant to move, but 5G is going to be the impetus that's going to push us forward, and we're going to actually see some really incredible changes faster than ever before. 10:53 And here's my tip. So I want you to take this into consideration. If you're in manufacturing, 5G may come sooner than it will in other industries, and you should be very prepared for this. And here's why. 11:07 Look at what Ericsson and the Fraunhofer Institute for Production Technology may have been able to do. I mean, that's a really good example. What could your business gain from 5G? What was the lesson of that? 11:23 So if you look at what FIP did, what can you learn from that? You need to be able to answer this question internally so you don't miss out. What I would say is, what can your business gain from 5G? 11:38 You know, I encourage you to check out our website all month long for interesting discussions on 5G. So we're running out of time.But as always, I want you to tweet at us at connectedwmad. 11:50 [upbeat music] Check out our website, connectedworld.com, or our show site at thepeggySmedleyShow.com. Now, don't go away, we've got a great co-guest coming right here into our studio. 12:01 So as always, this is The Peggy Smedley Show, the podcasting voice of IoT and digital transformation. Remember, with great technology comes great responsibility. We'll be right back after this commercial break. 12:13 [upbeat music] Everyone is constantly on the go, and relying on technology can help keep us in the know. Use your voice-activated service to connect to the most influential Internet of Things podcast. 12:29 It's as simple as, "Alexa, play The Peggy Smedley Show podcast." Listen to current and archive shows or let Alexa assist you in subscribing. Never miss an episode. Alexa, play The Peggy Smedley Show podcast. 12:46 [upbeat music] Peggy is taking it on the road in twenty nineteen with live audio, video, and onsite appearances. 12:53 The Peggy Smedley Show will be live at Internet of Manufacturing Midwest, IFT nineteen, Liveworx, and Constructek Technology Days, covering the IoT, AI, machine learning, and other emerging trends in the markets that touch your businesses. 13:08 To learn more about upcoming tour dates, visit peggysmedleyShow.com or connectedworld.com. I've heard this is, like, one of the best pizza spots in town. Yes, it is. I'll do a slice of pepperoni, slice of vegetarian. 13:22 You got it. And I will pay for all of that in three days. In three days? [laughs] Oh, it's... 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