The battery pack cost of $100/kWh is a primary target for Tesla. To achieve this, the company must solve one of the world's most demanding technology challenges - and it is how to increase the volumetric energy density of battery cells while slashing production costs.
By mirroring physical assets as digital systems, manufacturers create products better and cheaper than ever before and, by bridging the physical and digital worlds, solve physical issues faster.
The idea of machine to machine communication has raised the initial excitement and high hopes but now owners of mid-size and small factories ask: "What's next? How do I start adopting these technologies in my factory?"
In the manufacturing context, an example of a pattern might be the ways in which a set of parameters contained in that data, which are related to a process in a factory, vary together.
UrsaLeo is an IoT platform company that aims to make it easy for companies to collect their sensor data in the cloud, store it, visualize it and integrate it with other IT systems. This is done in a highly secure and scalable fashion.
To successfully empower product and developer teams with data, iteration speed matters. Rather than having a central team determine what data can be used and who can access it, agility is essential.
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