Episode 52: Unplanned Downtime

In episode 52 of the podcast (@AugmentedPod), the topic is: Unplanned Downtime. Our guest is Simon Kampa, CEO & co-founder, Senseye (@senseyeIO). In this conversation, we talk about Senseye's report, The True Cost of Downtime, investigating the impact of machine failure and unplanned downtime at the world’s largest manufacturers. We also discuss the coming consolidation of the industry due to technology maturity and customer preference for simplicity, quality, and scale. We briefly discuss the need for industrial interoperability in order to achieve the impact the industry desires.Augmented is a podcast for industrial leaders, process engineers and shop floor operators, hosted by futurist Trond Arne Undheim (@trondau), presented by Tulip, the frontline operations platform, and associated with MFG.works, the industrial upskilling community launched at the World Economic Forum. Augmented--the industry 4.0 podcast.Trond's takeaway: The True Cost of Downtime in manufacturing is enormous. Interrupting factory production is the last thing you want, yet it's the most common response to anomalies in the production process. Does it have to be that way? Realtime analytics carries the promise of predictive maintenance which can be carried out in downcycles or certainly more opportunistically. Thanks for listening. If you liked the show, subscribe at Augmentedpodcast.co or in your preferred podcast player, and rate us with five stars. If you liked this episode, you might also like episode 8, Productizing Quality, episode 42, Business Beyond Buzzwords, and episode 19, Machine Learning in Manufacturing. Hopefully, you'll find something awesome in these or other episodes. If so, do let us know by messaging us, we would love to share your thoughts with other listeners.The Augmented podcast is created in association with Tulip, connected frontline operations platform that connects the people, machines, devices, and the systems used in a production or logistics process in a physical location. Tulip is democratizing technology and empowering those closest to operations to solve problems. Tulip is also hiring. You can find Tulip at Tulip.co. Please share this show with colleagues who care about where industry and especially industrial tech is heading. To find us on social media is easy, we are Augmented Pod on LinkedIn and Twitter, and Augmented Podcast on Facebook and YouTube:LinkedIn: https://www.linkedin.com/company/augmentedpodFacebook: https://www.facebook.com/AugmentedPodcast/Twitter: https://twitter.com/AugmentedPodYouTube: https://www.youtube.com/channel/UC5Y1gz66LxYvjJAMnN_f6PQSee you next time. Augmented--industrial conversations that matter. Special Guest: Simon Kampa.