WBSP584: Grow Your Business by Learning the State of Data of Industrial Systems w/ Mike Bowers
May 6, 2024
auto_awesome
Mike Bowers, industrial data expert, discusses the state of industrial data today. Topics include evolution of technologies like JSON and SQL, importance of data collection from edge devices, and adoption of newer methods for real business value in manufacturing systems.
Newer technologies have a place, but traditional database programming is crucial for transactional integrity.
Industrial data collection requires a balance of new and traditional technologies like JSON, SQL, and NoSQL databases.
Efficient data collection through edge computing with standardized protocols drives operational efficiency in manufacturing businesses.
Deep dives
Challenges of Custom Software Development in Manufacturing
In manufacturing, a shift is necessary from custom software to standardized solutions in order to streamline process efficiency and reduce costs. Custom software solutions often lock companies into proprietary systems, hindering scalability and innovation. The importance of aligning people, processes, and technologies is crucial for sustainable growth in manufacturing businesses.
Evolution of Industrial Data Technologies
The industrial space requires a balance of new and traditional technologies, such as JSON and XML, SQL and NoSQL databases, to effectively collect and analyze data. Standardizing data collection methods across various equipment and protocols is essential in driving real business value. Industry leaders like Mike Bowers emphasize the significance of adopting newer methods to enhance data collection and integration processes.
Impact of Transactional Integrity in Database Programming
The debate between SQL and NoSQL databases centers around transactional integrity, especially critical for financial and manufacturing operations. While newer technologies offer simplicity and accessibility, traditional database programming remains crucial for ensuring data reliability and accuracy. Companies like Faircom focus on providing transactional database solutions that balance the benefits of SQL and NoSQL technologies.
Advantages of Edge Data Collection in IoT Platforms
Efficient data collection and aggregation locally through IoT platforms offer significant advantages over cloud-based solutions in terms of speed, reliability, and cost-effectiveness. Edge computing facilitates real-time data processing and analysis, enabling seamless integration of data from diverse sources. Embracing standardized protocols like JSON and MQTT empowers manufacturers to overcome data accessibility challenges and drive operational efficiency.
Struggles of Real-Time Data Access and Integration in Manufacturing
Real-time data access challenges face manufacturers, especially when dealing with proprietary protocols and disconnected systems. Transitioning towards standardized data formats and protocols like JSON and MQTT enables seamless data flow between equipment and enterprise systems. Companies aiming to improve inventory management, equipment maintenance, and overall operational efficiency must prioritize accessible, reliable, and cost-effective data collection methods.
The newer technologies seem to have a claim of being easier without requiring the complexity of database programming. The reality is that newer technologies have a place, and they are suitable for those use cases. But that doesn’t make database programming nay inferior. They are both a place depending upon the need for transactional integrity. The OT and industrial space is especially unique with various types of datasets. So, how is the state of industrial data as of today?
In today's episode, our guest, Mike Bowers, discusses the state of data of industrial systems. He also discusses the evolution and differences of various technologies such as JSON and XML, SQL vs NoSQL databases, and MQTT vs traditional protocols. Finally, he shares the importance of data and that manufacturers need to adopt newer methods of collecting data from edge devices to drive real business value.
For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode