TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Internet of Things

Internet of Things

Accenture to create apps on Siemens MindSphere for industrial companies

Via Accenture Newsroom

Oct 6, 2016

Range of Apps for original equipment manufacturers could help reduce maintenance costs by up to 30 percent

NEW YORK; Oct. 6, 2016 – Accenture is building a range of applications for MindSphere, a cloud based platform from Siemens to enable industrial equipment makers to benefit from new services based on data insights.

MindSphere is an industrial IoT ecosystem with easy connectivity for all types of industrial assets. It enables the development of applications from Siemens and third party suppliers. Accenture is aiming to support original equipment manufacturers (OEMs) by building a suite of applications for MindSphere to enable new digital services, such as predictive maintenance or remote condition monitoring.

Accenture’s apps on Siemens MindSphere for Industrial Companies to enable new #digital services

Using these applications, manufacturers of machines and industrial equipment will be able to benefit from increased revenues and customer satisfaction while reducing claims and warranty costs. Their customers can reduce downtime, maintenance related costs and energy consumption, while increasing the lifetime of their machinery.

OEMs will have timely and continuous visibility into assets and equipment as a result of the convergence of Operational Technology (OT) with Information Technology (IT) and machines becoming increasingly connected with production management, manufacturing execution, logistics and enterprise planning systems. By applying advanced analytics from Accenture to the data their systems generate, they can identify and predict performance bottlenecks and make smart decisions about how to improve asset operations, manage workforce, optimize supply chain risks, and enhance the product design process.

Accenture research has shown that predictive asset maintenance can save up to 12 percent in scheduled repair costs, reduce overall maintenance costs by up to 30 percent, and result in up to 70 percent fewer breakdowns.

“Accenture’s digital capabilities, wide range of client relationships with leading industrial companies and proven track record in systems integration makes them a valuable alliance partner for Siemens and our customers,” said Ralf-Michael Wagner, Head of Plant Data Services at Siemens. “Our collaboration will allow us to build on our ecosystem related to MindSphere for current and future clients.”

Patrick Vollmer, managing director at Accenture, said, “The shift to digital is putting more pressure on industrial companies to ensure their production data is contributing to the success of the company. Accenture’s vast experience in industrial analytics, data monetization and industrial internet of things are being applied to create the best use of MindSphere and the implementation of data driven business processes to create a new range of services for OEMs and their customers.”

Accenture is starting to work with MindSphere customers to help define business opportunities by using production asset data and by defining new business services. Accenture is applying its broad range of digital consulting, analytics and system integration capabilities for these customers. Siemens has designated Accenture as one of the preferred systems integrator for MindSphere.

MindSphere has been designed as an open ecosystem to optimize plant performance by collecting and analyzing large datasets in industry. MindSphere also forms the basis for applications and data-based services from Siemens, such as for the predictive maintenance of machine tools (Machine Tool Analytics) or integrated drive systems (Drive Train Analytics).

Related Topics
  • Accenture,
  • Announcement,
  • Cloud,
  • Device Software & Apps,
  • Digital Platforms and Services,
  • Industrial IoT,
  • Internet of Things,
  • News,
  • North America,
  • Tracker

More Like This

Access Evolution

What’s up with… VMO2, CityFibre, Openreach, AT&T, Nokia

Mar 20, 2023

Digital Platforms and Services

More change at Vodafone’s top table

Mar 16, 2023

Access Evolution

Amazon unveils Kuiper satellite terminals way ahead of service launch

Mar 15, 2023

Access Evolution

What’s up with… Infinera, AST SpaceMobile, stc, mobile pricing

Mar 14, 2023

Access Evolution

OQ Technology to become world’s largest 5G NB-IoT LEO-satellite operator

Mar 13, 2023

This content extract was originally sourced from an external website (Accenture Newsroom) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

10:43

MWC23 interview: Mari-Noëlle Jégo-Laveissière, deputy CEO of Orange

12:45

MWC23 interview: Abdu Mudesir, Group CTO, Deutsche Telekom

9:26

MWC23 interview: Greg McCall, Chief Networks Officer, BT

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us

  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).