Asset Management through Wearable Technology
-
Upload
chet-johnson -
Category
Technology
-
view
112 -
download
0
Transcript of Asset Management through Wearable Technology
![Page 1: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/1.jpg)
ASSET MANAGEMENT
THROUGH WEARABLE
TECHNOLOGY HOW AND WHERE WEARABLE TECHNOLOGY CAN BE USED FOR ASSET
MANAGEMENT AND CONSIDERATIONS FOR THEIR USE
CHET JOHNSON
LEAD STRATEGIC BUSINESS CONSULTANT
![Page 2: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/2.jpg)
WHAT IS WEARABLE TECHNOLOGY AND WHY CARE?
• Any electronic product that can be worn on the body, either as an accessory or as part of material used in clothing.
• A major feature of wearable technology is its ability to connect to the Internet
• Growth expected to triple this year from last
• Currently being used in the Healthcare, Fitness, Airline, Warehousing, Logistics, Operations and Military industries
• CIO magazine devoted an entire special edition for its discussion
![Page 3: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/3.jpg)
WEARABLE PREDICTIONS • Sales jump from 2014 ($22M) to 2018 ($135M)
• 14x 2013 sales in 2018
• Smartwatches >50% of sales in 2018
• 50% of sales to devices that enhance user experience in 2018
• 250M devices in use by 2018
• Gartner predicts that wearables could help personnel diagnose and repair problems more quickly, saving up to $1 billion annually
• PwC’s 2015 CEO survey, mobility is one of the top three technology priorities
![Page 4: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/4.jpg)
WHAT IS THE VALUE TO THE ENTERPRISE?PROVIDES INFORMATION…• Monitor - the condition of the user
• Remote Guidance - an employee can show a problem via live video feed to an expert
• Instruct - the user in how to complete tasks
• Virtual Training - wearers are immersed into a training scenario without leaving their workstation
• Augmented Training - wearers are provided training while performing their work
• Navigation – devices can show forklift drivers the most efficient route to their next assignment, as well as the location of other forklift trucks for collision avoidance
• Warehouse Picking – augmented reality glasses can highlight pick locations, the quantity to pick, and an image of what they should be picking from that location
![Page 5: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/5.jpg)
WHAT IS THE VALUE TO THE ENTERPRISE?DISRUPTIVE, IN A GOOD WAY…
Hands-free makes wearables disruptive to business• Time savings; Field service 5%, Logistics 30-50%
• Mobility
• Information readily available
• Reduce walking distance
• Reduced transactional errors; Field service 17%, Logistics 20%
![Page 6: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/6.jpg)
WHAT IS THE VALUE TO THE ENTERPRISE?SUPPORTS LEAN OPERATIONS…All seven ‘wastes of lean operations’ can be positively effected through wearable technology • Transport: moving material and goods that are not needed
• Inventory: consuming material that does not directly fulfil the need
• Motion: complicated or difficult motion that is not necessary
• Waiting: idle time created by other inefficiencies
• Over-Processing: performing more work than necessary to accomplish the task
• Over-production: production exceeds requirements of the task
• Defects: reduce errors in the task
![Page 7: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/7.jpg)
WHAT IS THE VALUE TO THE ENTERPRISE?PERSONNEL SAFETY, A NEW FRONTIER…• Chemical sensors
• Temperature sensors
• RTLS (Real Time Locating System)
• High voltage sensors
• Accident condition monitors (hard hats, safety vest, gloves, boots)
• Warn of impending danger
• Lifting sensors
• Human Biometrics
![Page 8: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/8.jpg)
SMARTGLASSES: AUGMENTED VS VIRTUALWHAT'S THE DIFFERENCE?Virtual Reality
• User has no sense of normal reality and is isolated from the real world
• Cannot be used in an operational setting due to surroundings unawareness
• Can be extremely useful for training scenarios
Augmented Reality
• The blending of virtual reality with real life
• Provides additional information to users existing reality
• Provides the ability to interact with virtual contents in the real world
• Supplements user with information to aid in completing tasks
• Compatible with operational activities
![Page 9: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/9.jpg)
WEARABLE CHALLENGES
• Connecting to your database… the software
• Memory
• CPU speed
• Battery life
• Comfort of wear… user acceptance
![Page 10: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/10.jpg)
HARDWARE CONSIDERATIONS
• Operating systems
• Memory, Processor speed
• Battery life
• Connectivity options• Network Wi-Fi
• Bluetooth
• Cellular
![Page 11: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/11.jpg)
TYPES OF WEARABLESSMARTGLASSES…Considerations• Wearability
• User prescription needs
• Weight
• Eye fatigue
• Blind spots
• Distraction
• Screen size, limited real-estate
• Limited functionality
• Typically requires additional backend device for connectivity
![Page 12: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/12.jpg)
Considerations
• Wearability, weight
• Screen size
• Additional scanner device needed if barcoding used
TYPES OF WEARABLESWEARABLE COMPUTERS…
![Page 13: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/13.jpg)
TYPES OF WEARABLESSMARTWATCHES…
Considerations• Wearability
• Screen size, limited real-estate
• Limited functionality
• Typically requires additional backend device for connectivity
• Additional scanner needed if barcoding used
![Page 14: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/14.jpg)
TYPES OF WEARABLESHAND SCANNERS…
Considerations• Requires base computer/phone/watch/glasses
and only serves as an input device
• Wearability
![Page 15: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/15.jpg)
TYPES OF WEARABLESSMARTCLOTHING…
Considerations• Wearability
• User acceptance
• ‘Big Brother’ concerns
• HIPAA concerns
• Insurance concerns
![Page 16: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/16.jpg)
USE CASESWORK/ASSET MANAGEMENT…
• Work order review/updating
• Asset history
• Asset attributes review/updating
• Remote guidance (see what I see)
• Alerts (weather, communications, health)
![Page 17: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/17.jpg)
USE CASESSERVICE RESTORATION…
• Remote guidance (see what I see)
• Storm damage assessment
• Alerts (weather, communications, health)
• Real-time customer information
![Page 18: Asset Management through Wearable Technology](https://reader035.fdocuments.in/reader035/viewer/2022070520/58f0de3c1a28abec4b8b459d/html5/thumbnails/18.jpg)
USE CASESWAREHOUSING…
• Receiving
• Put-a-way
• Cycle counting
• Issuing (picking)
• Alerts (weather, communications, health)