{"id":2355,"date":"2017-10-26T15:13:16","date_gmt":"2017-10-26T20:13:16","guid":{"rendered":"https:\/\/blogs.autodesk.com\/inthefold\/?p=2355"},"modified":"2017-10-26T16:33:53","modified_gmt":"2017-10-26T21:33:53","slug":"iot-data-new-gold","status":"publish","type":"post","link":"https:\/\/blogs.autodesk.com\/inthefold\/iot-data-new-gold\/","title":{"rendered":"IoT Data is the New Gold"},"content":{"rendered":"<p>By: Lona Dallessandro, senior product manager for IoT at Autodesk<\/p>\n<p>It is not hard to believe that the Internet of Things (IoT) is making an impact on manufacturing, especially if you read the reports about how much is being spent (IDC: $178B in 2016). GE Digital analyst Andy Henderson has this to say in his end of 2016 <a href=\"https:\/\/www.ge.com\/digital\/blog\/state-manufacturing-2017-outlook\">State of Manufacturing<\/a> outlook report, \u201cthe predominant theme in manufacturing remains the concerted effort to move manufacturing to its smarter, more efficient, more innovative future.\u201d Even back in 2015, <a href=\"http:\/\/www.industryweek.com\/manufacturing-smarter\">Industry Week reported<\/a> that manufacturers were ready, noting \u201cabout 40% of survey respondents believe that smart manufacturing along with its foundational technology\u2014the Internet of Things\u2014is ready and that it\u2019s the right time to invest.\u201d Clearly, IoT is making it exciting times for manufacturing.<\/p>\n<p>In our own conversations with customers in the last two years, we see similar positive sentiment, and, more importantly, a movement from \u201cthinking about it\u201d to \u201cdoing it.\u201d An <a href=\"https:\/\/3nqj2ibs8ev234yxb31usk21-wpengine.netdna-ssl.com\/wp-content\/uploads\/2016\/11\/autodesk-fusion-connect-taxal-research-study-of-iot-trends-2016-infographic.pdf\">Autodesk and Taxal survey<\/a> from summer 2016 indicated that half of the respondents were actively working on some IoT initiative, and that they expect it to help them address their need for competitive differentiation, additional profit, or save costs in the next 2-3 years.<\/p>\n<p>Now, in the first of its kind, <a href=\"http:\/\/www.industryweek.com\/webinar\/early-iot-adopters\">Autodesk teamed up with Penton<\/a> on an aggregation survey to research how those initiatives are working for some of the manufacturers who invested in IoT in the last few years.<\/p>\n<p><a href=\"https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/IoT-Disrupts-Design-Panel.jpg\" rel=\"attachment wp-att-2356\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-2356\" src=\"https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/IoT-Disrupts-Design-Panel-1024x535.jpg\" alt=\"\" width=\"640\" height=\"334\" \/><\/a><\/p>\n<p>As hoped for, IoT seems to be living up to the hype. About half of the survey respondents state that they are using IoT data today to deliver remote services, offer predictive maintenance and improve product quality, and for a quarter of them, doing that has already helped them create competitive differentiation and drive incremental revenue. Additionally, most are planning to add some other IoT-enabled business offering in the near term, from pay-for-service models to new performance-based billing and pay-as-you-go warranties.<\/p>\n<p><a href=\"https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/IoT-is-the-New-Gold-Panel.png\" rel=\"attachment wp-att-2357\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2357\" src=\"https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/IoT-is-the-New-Gold-Panel.png\" alt=\"\" width=\"914\" height=\"732\" srcset=\"https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/IoT-is-the-New-Gold-Panel.png 914w, https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/IoT-is-the-New-Gold-Panel-300x240.png 300w, https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/IoT-is-the-New-Gold-Panel-768x615.png 768w\" sizes=\"auto, (max-width: 914px) 100vw, 914px\" \/><\/a><\/p>\n<p>The businesses surveyed in this report are indeed trailblazers, but the value of these new business models isn\u2019t just for them. It is for your business, your employees and, most importantly, your customers. We know now that success is possible \u2013 you can take machine data, make it relevant and actionable, and transform your business to make more money and offer a better customer experience.<\/p>\n<p>If you\u2019re interested in learning about the Autodesk IoT Discovery Toolkit and how it enables IoT business transformation, check out: <a href=\"https:\/\/autodeskfusionconnect.com\/toolkit\/\">https:\/\/autodeskfusionconnect.com\/toolkit\/<\/a><\/p>\n<p>For information about Fusion Connect, Autodesk\u2019s IoT solution, please visit: <a href=\"https:\/\/autodeskfusionconnect.com\/\">https:\/\/autodeskfusionconnect.com\/<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><em><a href=\"https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/Lona-Dallessandro_Headshot.jpg\" rel=\"attachment wp-att-2358\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2358 size-thumbnail\" src=\"https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/Lona-Dallessandro_Headshot-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/Lona-Dallessandro_Headshot-150x150.jpg 150w, https:\/\/blogs.autodesk.com\/inthefold\/wp-content\/uploads\/sites\/71\/2017\/10\/Lona-Dallessandro_Headshot-190x190.jpg 190w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><br \/>\nLona Dallessandro is the senior product manager for IoT at Autodesk. She builds on 20 years of experience in the internet and software industries to lead business development and product integration activities for Autodesk&#8217;s IoT products. In this role, she forges strategic relationships for Autodesk and its customers throughout the IoT ecosystem, including hardware, Internet access technologies and software integrations. She holds her MBA from the University of Phoenix and her BS in Biological Science from Penn State University.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By: Lona Dallessandro, senior product manager for IoT at Autodesk<\/p>\n<p>It is not hard to believe that the Internet of Things (IoT) is making an impact on manufacturing, especially if you read the reports about how much is being spent (IDC: $178B in 2016). GE Digital analyst Andy Henderson has this to say in his end of 2016 <a href=\"https:\/\/www.ge.com\/digital\/blog\/state-manufacturing-2017-outlook\">State of Manufacturing<\/a> outlook report,<\/p>\n","protected":false},"author":287,"featured_media":2359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[20,11],"tags":[410,595,518,422,596],"class_list":["post-2355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-future-of-making-things","category-manufacturing","tag-fusion-connect","tag-industrial-iot","tag-internet-of-things","tag-iot","tag-iot-discovery-toolkit"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IoT Data is the New Gold - In the Fold<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.autodesk.com\/inthefold\/iot-data-new-gold\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Autodesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/\"},\"author\":{\"name\":\"Autodesk\",\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/#\\\/schema\\\/person\\\/2fe6071949598957391b579ca67e73a9\"},\"headline\":\"IoT Data is the New Gold\",\"datePublished\":\"2017-10-26T20:13:16+00:00\",\"dateModified\":\"2017-10-26T21:33:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/\"},\"wordCount\":509,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2017\\\/10\\\/Fusion_Connect.jpg\",\"keywords\":[\"Fusion Connect\",\"Industrial IoT\",\"Internet of Things\",\"IOT\",\"IoT Discovery Toolkit\"],\"articleSection\":[\"Future of Making Things\",\"Manufacturing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/\",\"url\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/\",\"name\":\"IoT Data is the New Gold - In the Fold\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2017\\\/10\\\/Fusion_Connect.jpg\",\"datePublished\":\"2017-10-26T20:13:16+00:00\",\"dateModified\":\"2017-10-26T21:33:53+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/#\\\/schema\\\/person\\\/2fe6071949598957391b579ca67e73a9\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/iot-data-new-gold\\\/#primaryimage\",\"url\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2017\\\/10\\\/Fusion_Connect.jpg\",\"contentUrl\":\"https:\\\/\\\/blogs.autodesk.com\\\/inthefold\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2017\\\/10\\\/Fusion_Connect.jpg\",\"width\":6000,\"height\":6000,\"caption\":\"2017 SeeControl product hero image. 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