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
EP043: How to Build Connected Apps for Digital Transformation Across the Entire Organization with Platforms – An Interview with Howard Heppelmann of PTC
EP042: How to Deploy Transformative IIoT Solutions at Scale – An Interview with Jeff Miller of PTC
EP041: Cybersecurity, reliability, and safety in an industrial environment - An Interview with Jesus Molina of Waterfall Security
EP040: Extracting value from data analytics - an Interview with Ed Kuzemchak of Software Design Solutions
EP039: How to ensure connectivity for brownfield sensors - An Interview with Michael Hilgner of TE Connectivity
EP038 - Security and Trustworthiness in IoT Deployments - An Interview with Sven Schrecker of Intel
IIC x IoT ONE Industrial IoT Spotlight Podcast EP037: The future is already here; it is not just particularly well-distributed - an Interview with Jim Morrish of Nokia
IIC x IoT ONE Industrial IoT Spotlight Podcast EP036: How to succeed with Industrial IoT — an Interview with Peter Klement of DXC
IIC x IoT ONE Industrial IoT Spotlight Podcast EP035: Are communication standards really important? — An Interview with Stan Schneider of RTI
IIC x IoT ONE Industrial IoT Spotlight Podcast EP034: How to sell IIoT solutions using testbeds – An Interview with Mitch Tseng of Huawei
EP33c: How to engage customers and prove your value? — An Interview with Drew Conway of Alluvium
EP33b: Machine learning is not a magic box that takes data and gives magic findings — An Interview with Drew Conway of Alluvium
EP33a: Stability of an oil refinery = S&P 500 index — An Interview with Drew Conway of Alluvium
EP32: IoT is not new in China but what are the trends and challenges in this highly attractive and confusing market? -- An Interview with Hunter Dong of SAP
EP 31b: Investment market in IoT — An Interview with Clint Bundy of Bundy Group
EP 31a: Valuation methods for automation companies — An Interview with Clint Bundy of Bundy Group
EP30b: How to achieve ROI within 6-12 months of deployment 65% of the time -- An Interview with Vinay Nathan of Altizon
EP30a: How to build an IoT enterprise platform -- An interview with Vinay Nathan of Altizon
EP029c: We are all becoming human data producers -- An Interview with David Knight of Terbine
EP029b: Distributing data like Amazon Prime? -- An Interview with David Knight of Terbine
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