Podcasts about connected products

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Best podcasts about connected products

Latest podcast episodes about connected products

Workforce 4.0
The Agency Era of AI (with Mark Beckmann, Microsoft)

Workforce 4.0

Play Episode Listen Later Jan 15, 2025 38:08


In this episode of Workforce 4.0, host Ann Wyatt converses with Mark Beckmann, Director of Manufacturing Industry Solutions at Microsoft, to explore the evolving role of AI in manufacturing and its transformative potential. This episode offers some great insight into practical applications of AI with a special emphasis on the concept of AI Agency as a growing trend for companies heading into 2025. Mark also discusses other big ideas such as AI democratization and adoption, AI skills for the future workforce and concerns about the longterm impact that AI will have on our everyday lives and the future of work for humans. In This Episode:-00:29: Mark Beckmann's Background and Role at Microsoft-03:14: Diving into AI and Future Trends-04:04: AI in Manufacturing and Task Automation-07:45: AI in HR and Performance Reviews-10:13: Career Opportunities and Skills in AI-12:54: Prompt Engineering Explained-17:00: AI Democratization and Business Impact-20:34: The Ubiquity of AI in Our Lives-21:31: AI in Manufacturing: Enhancing Efficiency-23:25: AI's Impact Beyond Manufacturing-26:35: AI in Healthcare: Transforming Patient Care-28:14: The Future of AI: Opportunities and Concerns-32:58: AI and Labor: A Symbiotic Relationship-34:57: Agriculture and AI: Feeding the Future-35:53: Conclusion and Contact InformationMore About Mark Beckmann:As a Director, Manufacturing Industry Solutions at Microsoft, Mark works with all manufacturers to consult with them on their Industry 4.0 and Digital Transformation Initiatives. In particular, helping them transform their innovation, operational excellence, supply chain, field and dealer management services to fuel their ability to grow and compete in the face of advances in technology and disruption. Mark frequently engages with and advises manufacturers on innovations related to the Internet of Things (IoT), Smart Manufacturing, Connected Products, Analytics, Artificial Intelligence and the application of these technologies to address their manufacturing challenges. Mark frequently speaks at conferences and industry events on topics in manufacturing and leads Microsoft work with the Digital Manufacturing Design and Innovation Institute. Mark has worked in the Information Technology field for 38 years as a consultant, partner manager, sales and sales management positions. To learn more about Mark, connect with him here. The Future of Work (and this Episode) Is Brought To You By Secchi:Secchi is a revolutionary workforce engagement tool created for organizations to make data-driven frontline decisions in real-time. By measuring and combining multiple people-related lead indicators, Secchi provides in-the-moment visibility into individual frontline employee performance, team performance, engagement/turnover risks, and positive employee behaviors all while removing the traditional barriers of administrative burden on leaders. To learn more about Secchi, check them out here.

The SupplyChainBrain Podcast
What's So Smart About ‘Smart' Connected Products?

The SupplyChainBrain Podcast

Play Episode Listen Later May 31, 2024 23:20


What exactly is so smart about “smart” connected products — and just what are they connected to?

smart connected products
Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
The Value of Connected Products: Textron CIO Todd Kackley on Strategic Alignment Across Customers, Products, and Business

Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)

Play Episode Listen Later Jan 11, 2024 29:14


836: The world of technology is increasingly becoming more and more connected offering valuable data to enterprises offering such products. At Textron, this data provides critical insight into product usage and allows the company to offer true value-added services to its customers. On this episode of Technovation, Global CIO Todd Kackley explains how he has built a better-connected business and aligned the IT function that reports to him. He discusses the collaboration between the Divisional CIOs, ascending to the Global CIO post, and the North Star Strategy he follows to foster this alignment. Todd also talks about the technology he uses including the adoption of generative AI tools, the advantages of digital twins, and the necessity of connected products. Finally, Todd covers his talent strategy, succession planning, and the trends in technology that are on his radar for the future.

Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
The Value of Connected Products: Textron CIO Todd Kackley on Strategic Alignment Across Customers, Products, and Business

Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)

Play Episode Listen Later Jan 11, 2024 29:14


836: The world of technology is increasingly becoming more and more connected offering valuable data to enterprises offering such products. At Textron, this data provides critical insight into product usage and allows the company to offer true value-added services to its customers. On this episode of Technovation, Global CIO Todd Kackley explains how he has built a better-connected business and aligned the IT function that reports to him. He discusses the collaboration between the Divisional CIOs, ascending to the Global CIO post, and the North Star Strategy he follows to foster this alignment. Todd also talks about the technology he uses including the adoption of generative AI tools, the advantages of digital twins, and the necessity of connected products. Finally, Todd covers his talent strategy, succession planning, and the trends in technology that are on his radar for the future.

Design Mind frogcast
Studio Sessions: The Future of Banking

Design Mind frogcast

Play Episode Listen Later Jun 29, 2023 55:21


Today on our show, we're talking about the future of banking. Or, more specifically, how the true next wave of financial services experiences are becoming so embedded into our everyday lives, such a part of everything we do, that banking may become invisible altogether. You're going to hear a conversation between three leading voices in this space. Stephen Dury, Vice President of Financial Services for frog's parent company Capgemini Invent, who hosts a discussion with Janine Hurt, Chief Executive Officer for Innovate Finance, and Michael Harte, Partner at United Ventures and Industry Research Fellow at MIT. The conversation spans everything from regulation in the age of fintech, to what it takes to stand out in an invisible banking landscape,  to financial literacy for children.Brought to you by frog, a global creative consultancy. frog is part of Capgemini Invent. (https://www.frog.co) Visit us to learn more about Next-Generation Financial Services at frog. (https://www.frog.co/sector/financial-service-design) Download the new frog Chief Challenges 5: Banking on Invisibility report. (https://go.frog.co/banking_on_invisibility) Listener note: we also filmed this conversation. Watch the full video and explore our interactive report here. (https://www.frog.co/insights/chief-challenges/banking-on-invisibility#banking-on-invisibility) Thanks to Steven Strange for this special episode's film/audio production (http://www.stevenstrange.com) and Richard Canham of Lizard Media for editing this podcast (http://www.lizardmedia.co.uk)

Design Mind frogcast
Shaping the World for Good

Design Mind frogcast

Play Episode Listen Later May 24, 2023 27:24


Industrial design is all about inventing the future and humanizing technological innovation. Today on our show, we're talking about designing the physical products that shape the world around us. To do this, we're joined by Inna Lobel, award-winning designer, Creative Director, Head of Industrial Design and Interim Head of Ventures in frog's New York studio. During her eight years at frog, her years prior at Apple and her time as a Graduate Research Assistant at MIT Media Lab, Inna has worked with some of the best and brightest on an enormous volume of design work. Now leading industrial design at frog and as an adjunct professor at New York University, Inna is guiding her teams and her students in designing products that make it to market and make an impact on society.Brought to you by frog, a global creative consultancy. frog is part of Capgemini Invent. (https://www.frog.co)Find episode transcripts and relevant info (https://www.frog.co/designmind/design-mind-frogcast-ep-34-shaping-the-world-for-good)frog is an official partner of Cannes Lions 2023. Hope to see you there! (https://cannes.frog.co/)Host/Writer: Elizabeth Wood, Editorial Director, frogResearch & Story Support: Camilla Brown, Senior Copyeditor, frogAudio Production: Richard Canham, Lizard Media (https://www.lizardmedia.co.uk)

Data Unlocked
How Connected Products Are Changing the Retail Market w/ Cindy Brown & Keith Turco, MERGE

Data Unlocked

Play Episode Listen Later Nov 8, 2022 28:11


In this week's episode of Data Unlocked, Jason sits down with Cindy Brown, Chief Performance Officer at MERGE, and Keith Turco, Chief Growth Officer at MERGE.Before taking her expertise to MERGE, Cindy was the founder and former CEO of Blue Moon Digital, a digital marketing agency.She's a digital marketing expert, and today, she's using her knowledge at MERGE.As for Keith, he is a seasoned marketing and advertising, and technology executive who started his career nearly two decades ago at AT&T.Today, he is MERGE's Chief Growth Officer.For those of you who won't know, MERGE is a company that merges storytelling with technology in order to make a meaningful difference in the human experience and promote health, wealth, and happiness in the world.In this episode, Cindy, Keith, and Jason discuss connected products, how they work, why they're changing the market, and more.Ready to learn?Let's dive in.Key Takeaways:Intro (00:00)Meet Cindy and Keith (00:31)A quick story (01:27)How COVID changed the market for brands (11:23)The potential uses of QR codes (19:33)Final questions (20:53)Additional Resources:Get in contact with Cindy here.Get in contact with Keith here.Learn more about MERGE here.>>Learn more about us here.Follow us on LinkedIn, Twitter, and Instagram.If you enjoyed this episode, please follow, rate, and leave a review on your favorite podcast platform!

Hydraulic Valve Dialogue
Anne Marie Johlie and Sharlette Carey: IOT and Connected Products

Hydraulic Valve Dialogue

Play Episode Listen Later Apr 12, 2022 58:53


This week we sit down with Anne Marie Johlie and Sharlette Carey to talk about IOT, connected products, and how Parker is collaborating with industry partners to make an impact. Learn about our journey to doing things smarter, integrating electronics, and the path to improved performance and efficiency. This is one episode you won't want to miss!   

Manufacturers Alliance Podcast
How Connected Products Increase Capacity

Manufacturers Alliance Podcast

Play Episode Listen Later Feb 22, 2022 26:41


In this episode, Mark Stevens shares from his 25 years of experience in guiding companies through technology integrations and operational experience. Once you connect your equipment on the shop floor the data you collect can help you increase equipment uptime and availability, accelerate the pace of problem-solving, and improve your companies output despite material and labor shortages.   You might be thinking that connecting equipment is limited to the new machines or big companies with big budgets, but even small manufacturers can do it, with these few important things in place.  Enjoy the conversation with Mark Stevens who heads up Wipfli's manufacturing consulting practice. Our discussion draws from his 25 years of experience in guiding companies through technology integrations and operational experience Special thanks to Wipfli.  Their manufacturing team will guide you through the technology of tomorrow while optimizing your finances and operations of today. From optimizing production to managing distribution, we help manufacturers level up their operations and turn obstacles into opportunities. Learn more at www.wipfli.com/manufacturing

Up Next In Commerce
The Circular Economy: How Avery Dennison is Closing the Gap Between The Physical and Digital World with Max Winograd, VP of Connected Products

Up Next In Commerce

Play Episode Listen Later Sep 16, 2021 45:43


Efficiency, transparency, trust. These are all things that both businesses and consumers crave, but don't always achieve. Especially not all with one solution. But thanks to digital identities, and the technology that's coming out of Avery Dennison, that's about to change. Avery Dennison, a Fortune 500 global materials science company, is taking digital identities past the point of simple QR codes and RFID tags, and into a place where brands and consumers will be able to do more with individual products than ever before. We're talking about a world where you can track the tiniest details of a product in shipment, like its exact origins to its temperature. And brands will have the ability to create more sustainable, reusable products that can learn from consumers each time they use and scan the digital identifiers, making it possible to adapt to changing consumer behavior in real time. To learn more about this new circular economy, I invited Max Winograd to the show, who serves as the VP of Connected Products at Avery Dennison and one of the founders of atma.io. On this episode of Up Next in Commerce, Max and I talked about all the ways that digital identities are already being used today, and what the future holds in terms of the connected experience that digital identities provide for brands and consumers. There are so many possibilities and upsides to the technology that Max and his team are creating at Avery Dennison, so keep your ears perked up for this awesome conversation! Main Takeaways:Individual Focus: Investments in innovative technology is helping make possible a future that will see consumers more in control of and informed about individual product journeys. Rather than simply tracking an item from the manufacturer to its final destination, consumers can get all the microdetails of a product. So whether you are expecting a shipment of produce or medical supplies and vaccines, Bluetooth, RFID, and other digital identity technology will make it possible to keep an eye on all of the minuscule details, like the temperature of the truck the product is being shipped in.So Long, Single-Use: How we package products is likely to undergo a fundamental change over the next few years. Rather than single-use anything, consumers will be encouraged and ultimately rewarded by having reusable individual containers that have unique digital IDs. So, rather than going to the store to buy a gallon of milk, so can have your own container, scan its QR code or other identifier at your local market, and the backend system will know who you are, what kind of milk you like (skim, oat, almond, etc.) and the exact amount, and will dispense that into your container.A Circle Is Round, It Has No End: Consumers are much more interested in taking part in a circular economy. There is more activity in re-commerce than ever before as customers turn to the resale marketplace. The need for product-level identification becomes crucial here because you can not only trace a product's origins, you can also pass along all of its information in the resale market, including selling it to be recycled and then have the recycled materials continue to be traced all along their journey.For an in-depth look at this episode, check out the full transcript below. Quotes have been edited for clarity and length.---Up Next in Commerce is brought to you by Salesforce Commerce Cloud. Respond quickly to changing customer needs with flexible Ecommerce connected to marketing, sales, and service. Deliver intelligent commerce experiences your customers can trust, across every channel. Together, we're ready for what's next in commerce. Learn more at salesforce.com/commerce---For a full transcript of this interview, click here. 

Connected & Ready
Connected products and the circular economy, with Annie Gullingsrud

Connected & Ready

Play Episode Listen Later Sep 15, 2021 34:51


Gemma Milne talks with Annie Gullingsrud, Chief Strategy Officer at EON, about the impact of IoT on fashion, understanding the “identification problem” in the clothing circular economy, why her company prioritizes customers over technology, and the value of solving the identification problem for consumers. Topics of discussionThe evolution of the “circular economy” in the fashion world (2:52)The connection between marketing and sustainability (10:41)How technology unlocks the possibilities of “digital identities” for clothing (13:45)The implications for data and monetization (19:39)The business case for systemic change in fashion (30:50)Where the future of digital identities might lead (31:04)About Annie Gullingsrud:Annie Gullingsrud is Chief Strategy Officer of NYC-based technology company EON, fashion and retail's Connected Product Cloud. EON is redefining the way people buy, sell, own, use and connect with products by giving each garment a unique cloud-hosted Digital Identity—powering retail's transition to a sustainable and circular model for commerce.Annie's experience lies at the intersection of technology, systems-based design, and sustainability to scale circular fashion. Before leading Eon's global strategy, Annie led the Cradle to Cradle Products Innovation Institute's fashion sector and has worked with a vast variety of fashion brands and designers, material producers, industry organizations, innovative recyclers and recommerce partners in the shift toward a more sustainable and circular fashion industry.   Annie is author of Fashion Fibers: Designing for Sustainability (2017), Bloomsbury, New York; is an advisor to the brand Pangaia; and has previously served on the board of Goodwill San Francisco area.Learn more:https://www.eongroup.co/ Sponsor linkLearn how Microsoft Dynamics 365 Supply Chain Management is helping businesses build agile and resilient supply chains. Request a live demo today:https://aka.ms/AA8l720 Contact usEmail: connectedandready@microsoft.com Follow us on social mediaTwitter: https://twitter.com/msftdynamics365LinkedIn: https://www.linkedin.com/showcase/microsoft-dynamicsYouTube: https://www.youtube.com/channel/UCJGCg4rB3QSs8y_1FquelBQ

Fashion Is Your Business - a retail technology podcast
Creating Chain Transparency and Accelerating a Fashion Circular Economy with atma.io - Max Winograd of Avery Dennison

Fashion Is Your Business - a retail technology podcast

Play Episode Listen Later Apr 27, 2021 35:13


Drawing on use cases, such as the work with adidas, Max Winograd (Vice President, Connected Products, Avery Dennison) shares insights into digital triggers and how they are enabling brands to create more sustainable, resilient and circular supply chains. Opaque supply chains are one of the most systemic issues in the fashion industry, we have the tech to solve this issue but why is adoption not yet solved? Max is responsible for leading Avery Dennison's digital venture atma.io, which has built the world's leading connected product cloud, enabling any everyday item to have a unique digital identity. It is already being used by adidas which will tag all of the 1.2 billion products it makes each year. adidas is utilizing the cloud-based platform for circularity and unique consumer-product interactions. It means buyers will be able to sell products back to adidas, giving them a second life. As well as adidas, three of the five largest apparel companies in the world are using it. With guest host Simeon Siegel. See omnystudio.com/listener for privacy information.

Unter Strom
Einmal Japan und zurück

Unter Strom

Play Episode Listen Later Mar 23, 2021 56:04


#SEunterstrom #013Abonniere unseren Podcast und finde alle 14 Tage eine neue, unterhaltsame Folge direkt aus den Secure Power Home Studios.https://unter-strom.simplecast.com/Folge uns auf Apple Podcast, Spotify, Google Podcast, PlayerFM und Deezer... 

Random but Memorable
Indigestion Of Turkey Special with Jen Caltrider from Mozilla

Random but Memorable

Play Episode Listen Later Dec 15, 2020 43:47


From eavesdropping robot vacuums to smart-connected cat litter boxes, join us this week for our Internet of Things Special (or Indigestion of Turkey Special) as Matt coined it. Listen as we unravel a whole host of fun and frightening stories around smart devices.Just in time for Christmas, Jen Caltrider from Mozilla joins the show to walk us through "Privacy Not Included: A Buyer's Guide for Connected Products" to help you shop for safe and smart products that connect to the internet.Plus, keep listening for Play Your Passwords Right: Gaming Edition  

How I Launched This: A SaaS Story
Internet-Connected Products and the Importance of Giving Back with Aeris CEO Marc Jones

How I Launched This: A SaaS Story

Play Episode Listen Later Aug 30, 2020 48:04 Transcription Available


Welcome back to How I launched this, A SaaS Story! This week, Carter (@carterthecomic) and Stephanie (@swongful) welcome Marc Jones, President, CEO & Chairman of Aeris, a technology company that helps organizations create and sell internet-connected products that consumers and businesses love. Aeris’ software powers 15 million connected devices worldwide, enabling medical professionals to remotely monitor patients, homeowners to remotely lock their doors, and vehicle owners to download self-driving capabilities at the push of a button. With a long-term view of how hardware and software will necessarily converge, Marc explains how he and his colleagues jumped into Aeris and refocused the company in the early 2000s, harnessing the power of wireless connectivity to help businesses do more things more easily. We hear the story of growth as Aeris grew 35% year-on-year, from zero revenue in 2009 to more than $100M in annual revenue today -- all leveraging its own profits and with no venture capital investment.Later in the show, we discuss race and how it has influenced Marc's path, and he offers valuable advice and inspiration for other Black entrepreneurs as they begin their careers. Emphasising the importance of responsible risk-taking, Marc explains why he feels people of color are underrepresented in the technology industry and how he hopes to improve this situation through his involvement in Management Leadership for Tomorrow (MLT). MLT works to mentor and support men and women of color, providing them with the opportunity to network with and learn from successful role models.We wrap up the show with a look at how Aeris is connecting the world and helping non-profit companies leverage connectivity technology to accelerate their impact. Marc provides powerful examples from around the world -- from Syrian refugees to African farmers --, showing us how people and companies working for good can create a better planet for everyone. He takes a look into the future and tells us the advancements he'd like to see, not only in the technology space, but in society, and how the two can help each other.Episode Links:AerisMLT

Innovation Roundtable Insights
52. Creating IoT Solutions with Lean Startup and Other Iterative Methodologies

Innovation Roundtable Insights

Play Episode Listen Later Jun 3, 2020 14:45


Andreas Haegele, Vice President IoT in Thales Global Business Unit Digital Identity & Security (DIS), discusses the inner-workings of the Digital Factory at Thales and how it is connected with the rest of the organization. Andreas details the organizational changes which Thales has undergone to run IoT successfully. He also discusses the role of digital ecosystems, challenges in attracting and retaining digital talent, and moving to a product-as-a-service business.This episode was recorded at the Innovation Roundtable workshop hosted by Procter & Gamble in Frankfurt on Value Creation with Connected Products & IoT.Visit InnovationRoundtable.online to watch this interview and hundreds of other presentations.

Ten Thousand Feet, the OST Podcast

There are inherent security risks as we invite 'things' onto our networks and into our homes. As a business, we're charged with managing the devices on our network and making sure they only have access to the right data at the right time for the right reasons. But as consumers, we are often fueled by excitement, going through installation steps and loving the new way we can set our temperature, unlock our doors and automate our homes. We may not pay attention to the recommended two-factor authentication or the buried privacy setting that protects us from hackers and exposing our private lives to these devices. IoT experts Jim Vandermey of OST and Alex Jantz of AWS discuss where the security responsibility lies: with the business or with the consumer. Enjoy!

Ten Thousand Feet, the OST Podcast
Dysfunctions of Digital Teams

Ten Thousand Feet, the OST Podcast

Play Episode Listen Later Mar 12, 2019 26:45


Designers, developers, marketers, operations and finance are just a sampling of the parties that are coming together to make digital products for enterprises. As you can imagine (and have probably experienced), getting these often separate groups of people to march in the same direction can be difficult. On this episode, we talk with Director of Product Design, Christy Ennis-Kloote & Connected Products & Data Analytics Practice Lead, Aaron Kamphuis about the pitfalls some digital teams face as they attempt to organize and make something great. From team size and deadlines to communication and agile process, Christy & Aaron break down these common issues and suggest some alternative ways to assemble and work toward a common goal. Christy & Aaron mention a few recommended books in this episode, including: The 5 Dysfunctions of a Team https://www.amazon.com/Five-Dysfunctions-Team-Leadership-Fable/dp/0787960756 If videos are more your thing, the author has 40-minute talk that summarizes the content well. https://www.youtube.com/watch?v=wHpB1EBufFo The Trusted Advisor https://www.amazon.com/Trusted-Advisor-David-H-Maister/dp/0743212347 The Phoenix Project https://www.amazon.com/Phoenix-Project-DevOps-Helping-Business/dp/0988262592 Enjoy!

Embedded
249: It Depends

Embedded

Play Episode Listen Later Jun 14, 2018 73:38


Claire Rowland (@clurr) joined to discuss creating good user experiences for the Internet of Things. Claire is the lead author of Designing Connected Products: UX for the Consumer Internet of Things. You can find more about her on clairerowland.com, from her talks (including Interusability: UX for Connected Products), her book's website, and her guest appearance on the IoT Podcast (episode 21). Her new report about user experience and the IoT will be on Iotuk.org.uk in June of 2018. Elecia was also on the IoT Podcast: episode 158. It was @SwiftOnSecurity who posted the tweet about experts and their typical response.

internet iot internet of things consumer internet iot podcast connected products swiftonsecurity elecia
Mister Beacon
Connected Products - Talkin' Things

Mister Beacon

Play Episode Listen Later Jan 22, 2018 40:04


Can you even imagine any reason your motor oil would need to be a connected product? To stretch your thinking a bit more, how about pharmaceuticals? These are some of the cutting edge examples of how connectivity in packaging and everyday products is making a difference both to the consumer and the cost and production inherent in bringing those products to market.In this episode of Mr. Beacon, Steve talks with Marcin Pilarz, CEO of Talkin’ Things, a company that integrates connected technologies with everyday products. In this conversation you will hear why this particular application of NFC technology is beneficial, the particular hurdles encountered when implementing it - especially with well-established brands, and how the industry is poised to grow in the next few years. See acast.com/privacy for privacy and opt-out information.

ceo nfc beacon connected products
AWS re:Invent 2017
IOT313: AWS IoT and Machine Learning for Building Predictive Applications with Smart Connected Products by SKF

AWS re:Invent 2017

Play Episode Listen Later Nov 30, 2017 52:22


In this session, we present AWS IoT and Amazon Machine Learning (Amazon ML) to demonstrate how you can use these services together to build smart applications. Customer SKF presents their use case around AWS IoT and Amazon ML in their wind turbines.

AWS re:Invent 2017
ALX201: Building Alexa-Connected Products and Experiences with Alexa Gadgets Developer Tools

AWS re:Invent 2017

Play Episode Listen Later Nov 30, 2017 36:19


In this session, we will teach you the technology behind Alexa Gadgets – a new category of connected products and developer tools that enable you to create your own Alexa-connected product or game skill that work with Echo Buttons. You will hear from the GM of Alexa Gadgets, as well as early Alexa Gadget developers, Musicplode Media (the makers of Beat the Intro) and Gemmy Industries (the makers of Big Mouth Billy Bass).

FCPA Compliance Report
Day 9 of One Month to Operationalizing Your Compliance Program

FCPA Compliance Report

Play Episode Listen Later Mar 13, 2017 12:07


  If there is one over-riding theme from the recently released Evaluation of Corporate Compliance programs it is that a corporate compliance program must be operationalized. Indeed that is the theme of this month’s series of podcasts. Another way to think about operationalization is the connectedness of compliance throughout an organization. In an article from the Harvard Business Review (HBR), entitled “How Smart, Connected Products are Transforming Companies”, by Michael E. Porter and James E. Heppelmann, focused on the new products. It provided some interesting insights into both the interconnectedness of processes and structures, which apply to the compliance practitioner going forward. I call it “connected compliance.” It provides another mechanism for you to consider in operationalizing your compliance program.   Process in Connected Compliance   Processes are being reshaped by the data which is now available and more “intense coordination among [corporate] functions is now required.” Regarding structures, the authors believe, “new forms of cross-functional collaboration and entirely new functions are emerging.”   Obviously compliance is a business process. Yet it should also be a continuous process. The data from a wide variety of sources should be used to track the types of risk that compliance professionals must manage. This begins with third parties. Continuous monitoring of third party watch lists seems almost pedestrian now yet many companies do not understand they have a continuing obligation to understand who they are doing business with, even after the contract is signed. Put simply, due diligence once every two years is a recipe for trouble. But this type of information should not only be limited to third parties’ in your sales business. You should also consider your exposure from your customers.   However, what if a large part of your company is exposed to the financial risk of a corrupt company slowing down its business? If you are in the auto supply business or even the software industry, have you considered how much of your business is at risk through your relationship with a company like Volkswagen (VW)? Most Foreign Corrupt Practices Act (FCPA) risk analysis considers corruption risks involving third parties in the sales arena or vendors that come in through the Supply Chain, now, based upon the VW, Petrobras or you name the scandal, you may need to know the corruption propensity of your  customers as well.    Finally, connected compliance will help make people, materials, energy, plant and equipment far more productive, and the repercussions for business processes will be felt throughout the economy. The authors’ state, “We will see a whole new era of “lean.” Data flowing to and from products will allow product use and activities across the value chain to be streamlined in countless new ways.” For the compliance practitioner, waste will be cut or eliminated. Connected compliance will also allow a compliance solution to be delivered when certain thresholds are met, rather than according to a schedule. New data analytics will lead to previously unattainable efficiency improvements and allow you to do more business in compliance going forward.  Structures in Connected Compliance  Just as processes have evolved in connected compliance, so do structures. The classical organizational approach combines “two basic elements: differentiation and integration. Dissimilar tasks, such as sales and engineering, need to be “differentiated,” or organized into distinct units. At the same time, the activities of those separate units need to be “integrated” to coordinate and align them.” Connected compliance will have a major impact on both differentiation and integration in your company going forward.   This structural changes means that compliance will be integrated into diverse functional units of the company such as manufacturing, logistics and SC, sales and finance. This integration across functional units will occur through the business unit leadership team and through the design of formal processes for connected compliance with multiple units having roles. This sounds quite like operationalizing compliance, exactly as specified by the DOJ in the Evaluation document. However connected compliance gives you the means and methods to think through how to accomplish this goal. You will have to coordinate between and across multiple functions within your organization. It will require the critical function of not only data management but also data analysis. What does it all mean? Such an approach will require “dedicated data groups that consolidate data collection, aggregation, and analytics, and are responsible for making data and insights available across functions and business units.” Once again the compliance function is uniquely situated to be at the fulcrum of this connectedness. But more importantly, you already have this information inside your organization but most usually the compliance function does not have visibility into the data. Compliance must find the tools and processes to cut through the siloed nature of corporate information.  It is through connected compliance that all groups within a company will become responsible for compliance. The integration of this data into compliance is still viewed as cutting edge; nonetheless companies have this data, structured within their own ERP systems. Connected compliance will allow senior management to view information to make the business more efficient and allow a company to take more risk because the risks will be managed more effectively.  Three Key Takeaways Connected compliance is the inter-relatedness of interconnectedness of compliance processes and structures. Compliance should be ongoing and a continuous process. Compliance must use data analytics tools to cut through the siloed nature of corporate data. This month’s podcast series is sponsored by Oversight Systems, Inc. Oversight’s automated transaction monitoring solution, Insights On Demand for FCPA, operationalizes your compliance program. For more information, go to OversightSystems.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

TransmitVOX: The Voice of Moonshot
TransmitVOX Episode 1: Talking Connected Products with Glance Displays

TransmitVOX: The Voice of Moonshot

Play Episode Listen Later Feb 8, 2017 34:25


TransmitVOX Episode 1 is an interview of special guest Dave Krawczyk, CEO & co-founder of Glance Displays, Inc. The interview is hosted by Saul Delage, Moonshot’s VP Growth, along with team members Jeff Kirk, VP Innovation, and Mike Edmonds, VP Digital Products. The TransmitVOX podcast is a production of Moonshot by Pactera Digital. The intent of these periodic podcasts is to share information pertinent to professionals focused on intelligent digital technology and facilitate connections between Moonshot, 1871, and the broader global community.

The Smart Home Show
Smart Home Show: Heading Out To The Smart Garage With Chamberlain

The Smart Home Show

Play Episode Listen Later Mar 14, 2015 25:16


Guest: Cory Sorice, VP of Marketing, Connected Products for Chamberlain. What is the #1 reason people stress they forgot to do when they left home? If it isn't closing the garage door, I'd be surprised. So it's no wonder Chamberlain - a garage door powerhouse - got on the smart home trend early. In this podcast I talk to Cory Sorice, who heads up marketing for Chamberlain's connected products. You can find out more about Chamberlain's smart garage door efforts here: http://www.chamberlain.com/smartphone-control-products You can find more Smart Home Shows here: www.thesmarthomeshow.com http://knit.audio/podcast-advertising (via Knit)

Peggy Smedley Show
11/25/14 A 3D Hand, Shopping Worries, and Movie Piracy; The Potential of the IoT; The Value of Advisory Assistance in IoT; The Future of Smart Connected Products

Peggy Smedley Show

Play Episode Listen Later Nov 25, 2014 13:01


Peggy Smedley Show
11/25/14 A 3D Hand, Shopping Worries, and Movie Piracy; The Potential of the IoT; The Value of Advisory Assistance in IoT; The Future of Smart Connected Products

Peggy Smedley Show

Play Episode Listen Later Nov 25, 2014 13:01


Peggy Smedley Show
11/25/14 A 3D Hand, Shopping Worries, and Movie Piracy; The Potential of the IoT; The Value of Advisory Assistance in IoT; The Future of Smart Connected Products

Peggy Smedley Show

Play Episode Listen Later Nov 25, 2014 15:00


Peggy Smedley Show
11/25/14 A 3D Hand, Shopping Worries, and Movie Piracy; The Potential of the IoT; The Value of Advisory Assistance in IoT; The Future of Smart Connected Products

Peggy Smedley Show

Play Episode Listen Later Nov 25, 2014 15:03


Peggy Smedley Show
11/25/14 A 3D Hand, Shopping Worries, and Movie Piracy; The Potential of the IoT; The Value of Advisory Assistance in IoT; The Future of Smart Connected Products

Peggy Smedley Show

Play Episode Listen Later Nov 25, 2014 15:03


Peggy Smedley Show
11/25/14 A 3D Hand, Shopping Worries, and Movie Piracy; The Potential of the IoT; The Value of Advisory Assistance in IoT; The Future of Smart Connected Products

Peggy Smedley Show

Play Episode Listen Later Nov 25, 2014 15:00


Peggy Smedley Show
11/25/14 A 3D Hand, Shopping Worries, and Movie Piracy; The Potential of the IoT; The Value of Advisory Assistance in IoT; The Future of Smart Connected Products

Peggy Smedley Show

Play Episode Listen Later Nov 25, 2014 14:20


Peggy Smedley Show
11/25/14 A 3D Hand, Shopping Worries, and Movie Piracy; The Potential of the IoT; The Value of Advisory Assistance in IoT; The Future of Smart Connected Products

Peggy Smedley Show

Play Episode Listen Later Nov 25, 2014 14:20


IBM Rational software podcast series
Innovate 2014: Continuous Engineering: Speed Delivery of Complex and Connected Products

IBM Rational software podcast series

Play Episode Listen Later May 27, 2014 14:20


This podcast will feature Bret Greenstein, VP Continuous Engineering, and Brian Dalgetty, Director Continuous Engineering Marketing, as they discuss key capabilities of continuous engineering, including: Unlocking Engineering Knowledge--“Turn Insight into Outcomes”, Continuous Verification--“Measure twice, cut once”, Strategic Reuse--“Don’t reinvent the wheel”. They will also highlight the many activities at the upcoming Innovate conference featuring continuous engineering. Speakers, Bret Greenstein, Brian Dalgetty and Kimberly Gist