In this episode of Tomorrow's Trends, Ira welcomes Scott Chapman, an experienced engineer with a diverse background in industrial automation. Scott shares insights from his 30-year career, discussing maintenance strategies from reactive and preventative to predictive and prescriptive maintenance. They explore the importance of data in maintenance, the role of AI, and the evolving landscape of maintenance technology. Scott also talks about the balance between maintaining ownership of maintenance versus leveraging specialized expertise.

This episode offers valuable perspectives on how businesses can improve their maintenance practices to enhance productivity and reliability.

00:00 Introduction to Tomorrow's Trends Podcast 00:30 Meet Scott Chapman: Industry Veteran 01:22 Scott's Journey in Industrial Automation and Maintenance 04:45 Reactive vs. Preventative Maintenance 07:20 The Shift to Predictive and Prescriptive Maintenance 09:35 Machines and Processes in Modern Maintenance 12:50 Security Challenges in Industrial Connectivity 15:10 Importance of Specialist Knowledge in Equipment Maintenance 17:36 The Future of Remote Monitoring and AI in Maintenance 20:02 Financial Aspects: CapEx to OpEx Transition 24:00 Real-World Applicability of Technological Innovations 26:45 Data Overload: Managing and Analyzing Industrial Data 30:15 Sustainability Targets and Power Monitoring in Modern Facilities 33:00 Closing Thoughts and Industry Insights

Connect with Scott on LinkedIn:

https://www.linkedin.com/in/scott-chapman-03/

Connect with Ira on LinkedIn:

https://www.linkedin.com/in/irasharpjr/

This episode is brought to you by Industry Sage Media.

Industry Sage Media is your backstage pass to industry experts and the conversations that are shaping the future of the manufacturing industry.

Learn more at: http://www.industrysagemedia.com

Ira Sharp is joined by industrial automation expert Vladimir Romanov, who shares his extensive experience and forward-looking views on the Industrial Internet of Things (IIoT). Vladimir discusses the evolution from legacy systems like ControlNet and DeviceNet to the advanced capabilities of modern edge devices. With a detailed look at data extraction, storage, and processing, this episode provides valuable insights for both operators and managers. Perfect for professionals in manufacturing, automation, and data analytics who are aiming to harness the power of IIoT for strategic decision-making and operational efficiency.

Connect with Vladimir on LinkedIn:

https://www.linkedin.com/in/vladromanov/

Connect with Ira on LinkedIn:

https://www.linkedin.com/in/irasharpjr

About Industry Sage Media:

Industry Sage Media is your backstage pass to industry experts and the conversations that are shaping the future of the manufacturing industry.

Learn more at: http://www.industrysagemedia.com

In this episode of Tomorrow's Trends, host Ira Sharp explores the hype and potential ROI of generative AI. The discussion covers AI's historical context, its rapid rise with ChatGPT, and examines practical uses and benefits of large language models (LLMs).

Ira also delves into the impacts on various industries like finance, healthcare, manufacturing, and education, and addresses the economic and infrastructural challenges posed by generative AI. By the end, you'll have a clearer understanding of how to leverage AI in your own business practices.

00:00 Introduction and AI Overview

00:26 The Buzz Around AI

00:51 The Impact of ChatGPT Since November 2022

01:08 Availability and Use Cases of Generative AI

02:06 Explanation of Generative AI Using Perplexity

02:55 Introduction to Large Language Models (LLMs)

04:29 Training LLMs on Custom Data

05:50 Real-World Applications of Generative AI

06:00 Producing Quality Content at Scale

07:22 Scaling and Repurposing Content

07:49 Bolstering Data Science and App Development

09:02 Generative AI in Sensitive Industries

10:31 Generative AI Across Various Sectors

11:07 ROI Discussion and Industry Readiness

12:32 Challenges in Data Centers and Infrastructure

13:33 Addressing Resource Demands

13:57 Hype Cycle and Long-Term Investments

15:15 Tools and Cautionary Notes on AI Usage

15:57 Closing Thoughts and Listener Engagement

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Connect with Ira Sharp on LinkedIn:⁠ http://www.linkedin.com/in/irasharpjr About Industry Sage Media:

Industry Sage Media is your backstage pass to industry experts and the conversations that are shaping the future of the manufacturing industry. Learn more at: ⁠http://www.industrysagemedia.com⁠