In this podcast, Eric hosts Ron Konezny from Digi, a company with a long-standing history in providing reliable hardware but has evolved to become a solutions provider focusing on IoT. Ron details his journey from his initial steps in the wireless communications industry to his role in integrating technology and business models at Digi, aiming to transform it into a solutions provider with a significant portion of its revenue being recurring.
They discuss how IoT has evolved, the importance of considering a holistic system rather than fragmented pieces, and the challenges of managing IoT solutions. Ron emphasizes the shift towards hardware-enabled recurring revenue models and the integration of software and services to create more resilient and adaptable solutions.
The conversation covers the role of AI in refining IoT data analysis, the potential and limitations of technologies like 5G and LoRa, and the strategic movement towards offering more comprehensive IoT solutions that allow customers to focus on leveraging data insights. Additionally, Ron reflects on Digi's venture into vertical integration with SmartSense, offering a turnkey IoT solution for condition monitoring, underlining the importance of domain expertise in developing impactful IoT applications.
00:11 The Evolution of IoT and Digi's Journey
01:32 The Transformation from Hardware to Solutions Provider
02:29 Navigating the IoT Landscape: Challenges and Opportunities
04:30 The Role of Services in IoT Solutions
16:27 Exploring Use Cases and the Impact of IoT
31:53 The Future of IoT: Technologies and Trends
36:24 Digi's Strategic Focus and Vision for IoT
EP 203 - Scaling AI: Revolutionizing Manufacturing Operations
EP 201 - Tap, Pay, and Play: The NFC Forum's Guide to Contactless Technology
EP 200 - How Can Generative AI Revolutionize IoT Applications?
EP 199 - Bring Real-Time Tracking Costs Down, and Scalability Up
EP 198 - Rethink Database Design for the AI Era
EP 197 - Rework Kills Your Margins - Eliminate it with Cumulus
EP 196 - Realize Visibility and Resilience in Commodity Supply Chain Management
EP 195 - Affordably Manage the Deluge of Unstructured Data
EP 194 - Convert WiFi Signals into a Sensor Network
EP 193 - Managing the Transition from Selling Units to Selling SaaS
EP 192 - Making 3D Printing Scalable with Physics Modeling
EP 191 - Creating and Retaining a High-performing Software Team
EP 190 - Transitioning from CAPEX to OPEX-based Offerings with IoT
EP 189 - Empowering IoT's Edge and Its Game-Changing Innovations
EP 188 - Decentralizing the Commercial Energy Landscape
EP 187 - Building the industrial metaverse, step by step
EP 186 - How does IoT enable workflow streamlining in cold chains?
EP 185 - Bringing AI to the edge with analog computing
EP 184 - Winning the Maintenance Market with a Focus on Simplicity
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