INTERNET OF THINGS-ENABLED SERVITIZATION FOR SMES COURTNEY THORNBERRY WMG, UNIVERSITY OF WARWICK 26 MAY 2015 OUTLINE • About me and the EngD • Research challenge • Research aims and objectives • Research design • Case study • Next steps • Questions ABOUT ME • Final year, Engineering Doctorate, sponsored by PTC • Portfolio of work- CAD, PLM tools, collaboration, SMEs, Servitization, IoT • Background: • Physicist (research areas- Astrophysics and Photovoltaics) • Technologist (research area- Alkaline Anion Exchange Membrane Fuel Cells) • Future plans: work in UK, perhaps with Catapult and Innovate UK (TSB) RESEARCH BACKGROUND- HOW DID I GET HERE? • Open Source Hardware Design, Collaboration, SMEs (Formula Student) 2012 • UK Manufacturing industry (Submission 1) • Placement with PTC- direction towards Servitization and IoT (Submission 2) 2013 • Relationship established with case study SME in London • Concluded two year investigation into UK Fuel Cell Industry (Submission 3) 2014 • Developed final research idea merging SMEs, Servitization and IoT • Case study work with SME (Submission 4) 2015 • Innovation for PTC- feedback (Submission 5) RESEARCH CHALLENGE • Merging of three main research interests • SMEs in the UK (Scope is Engineering/Technology/Manufacturing) • Servitization • IoT, Cloud, Big Data SMEs IoT Servitization • How to make this of value to PTC? RESEARCH AIMS AND OBJECTIVES 1. Conceptual framework from literature 2. Testing of framework 3. Prove innovation and value to sponsor company, PTC RESEARCH DESIGN • Literature review to design first iteration of conceptual framework • Single case study (“common case” • Observations • Action research • Semi-structured interviews • Coding Yin, 2014) RESEARCH AIM 1: CFW FROM LITERATURE : SMES RESEARCH AIM 1: CFW FROM LITERATURE : IOT RESEARCH AIM 1: CFW FROM LITERATURE : SERVITIZATION RESEARCH AIM 1: CONCEPTUAL FRAMEWORK FROM THE LITERATURE CASE STUDY: COMPANY BACKGROUND • Technology SME based in London (small scale PEM Fuel Cells) • Evolving towards a more Servitized and IoT-based offering • Specific project to determine the feasibility of a collaborative, service-based venture CASE STUDY: PROJECT • Exploring the feasibility of a service offering through a collaborative venture (Using IoT- remote monitoring) • To be concluded in September 2015 • Observations: • Align with challenges seen from literature- defining and understanding the service, knowing what technology is suitable for the application, resourcestarved RESEARCH AIM 2: INITIAL FINDINGS AND NEXT STEPS • Initial interviews and observations have confirmed: • Similar general challenges faced by SMEs • Use of the IoT to develop service offering • Desire to develop service • Challenge to define and understand how service will be offered NEXT STEPS: RESEARCH AIM 3 • Feed back findings to PTC • Obtain feedback on findings from current/potential PTC customers to prove innovation to sponsor CONCLUSIONS • Further observations, conclusions of feasibility study will produce interesting results showing an application of IoT technology to develop Servitization at an SME • This learning can be extended to create a framework that can be used to help SMEs realize a potential opportunity with innovative technology and business approaches.