3 reasons you fail… Digital Transformation Forum Keynote 2024

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  • Опубліковано 13 чер 2024
  • In this keynote speech from the 2024 Digital Transformation Forum, Walker Reynolds, a sociologist, engineer and educator, outlines a vision for the future of manufacturing through digital transformation.
    Drawing on examples from leaders like Tesla and Amazon, the speaker argues that production data is king and that legacy manufacturers fail to understand digital transformation. An action plan is proposed, starting with identifying business problems, building a common data infrastructure, and iteratively solving problems to create insight and predict the future.
    Attendees are challenged to develop clear digital strategies and score their organizations' maturity. This speech emphasizes how prioritizing data and solving the right problems can revolutionize manufacturing and help create middle class jobs.
    Whether you're an executive, engineer or operator, this presentation offers a roadmap for any manufacturer looking to embrace industry 4.0 and stay competitive in a data-driven world.
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  • Наука та технологія

КОМЕНТАРІ • 78

  • @MatthewSmithFR
    @MatthewSmithFR 29 днів тому +3

    What a keynote! Walker you knocked it out of the park with crystal clear clarity. 👏🏽

  • @utorrent01
    @utorrent01 Місяць тому +1

    Walker - man of conviction, focus and sheer will.
    Is the digital transformer.

  • @Brutusbroek
    @Brutusbroek Місяць тому +2

    Another great knowledge-sharing! Guess not everyone sees the light bulb..yet ;)

  • @franciscodiaz8857
    @franciscodiaz8857 Місяць тому +1

    Excellent presentation Paul!!

  • @garrettebes
    @garrettebes Місяць тому +2

    Great message! Any chance you can provide the slides for this presentation?

  • @trondbentzen9288
    @trondbentzen9288 27 днів тому +1

    Superb as always.

  • @dodge1629
    @dodge1629 Місяць тому +3

    Great video Walker!
    I've start my career from the shop-floor, and you're absolute right about the people in the top!
    That's the reason on one of my job about 18 years ago, my self and 2 more people build from scratch an MES!

  • @WagnerRodrigues_Tech
    @WagnerRodrigues_Tech Місяць тому +2

    Another amazing video!

  • @ranga201257
    @ranga201257 Місяць тому +2

    Thanks Lot . Good presentation. If Testa can develop their ERP Wrap in 4
    Months from scratch last decade why are we spending double the time to even plan to upgrade legacy ERP system? Are they not the elephant in the room ?

    • @walkerreynolds973
      @walkerreynolds973 Місяць тому

      Amen - which is why we continue to push this message. 🙏

    • @aldhal202
      @aldhal202 Місяць тому

      Can someone share the overall architecture, the building blocks and the functional and technical capability of each building block.
      It is for the sake not to end up comparing oranges with bananas.
      Before we see that i cannot judge what tesla is building as an erp.
      Thanks and regards.

  • @nikonikon7619
    @nikonikon7619 Місяць тому +4

    Great job Walker🥳

  • @ravis2381
    @ravis2381 Місяць тому +1

    Regarding Tesla i would like to bring about a few points , trust me you had me hypnotized about the success of Tesla just because it was a data company and not a car manufacturing company , NOT TRUE at all , it does collect a lot of data for improvement but it did not become Tesla because it had data before it started it , its was his smart business move is a skillful s that took him ahead initially and it had nothing to do with old data when he started it !!

    • @alasdairgilchrist2504
      @alasdairgilchrist2504 Місяць тому +1

      Tesla is not a data company it is a car manufacturer. Considering the points that Walker makes in the presentation lets apply some rudimentary critical thinking.
      Tesla is a data company: Ask yourself, does Tesla report its quarterly earnings based on a) profits generated by the monetization od data produced or consumed during a financial period or b) the number of cars produced and sold.
      With regards to the statement that Tesla leads because it is a data company. Ask yourself leads who? A) Google or Meta or B) Other EV car manufacturers.
      If you answered b too both I think you can safely say that Tesla is a car manufacturer.
      Cheers

    • @wonmoreminute
      @wonmoreminute День тому

      Tesla’s data is only useful if they sell it, license it, or use it to manufacture and sell more cars. It’s not valuable in a vacuum. At the end of the day, they must sell something, and with a stale lineup, nothing appealing on the horizon, competition growing, and Elon alienating his customer base… selling vehicles for Tesla will become more difficult.

  • @Techniclty
    @Techniclty Місяць тому +1

    The sounds' a bit hard to listen to, sounds just a bit *too* clean. I wonder what it would sound like with a bit of the original mixed back in?

    • @Techniclty
      @Techniclty Місяць тому +1

      Contents' great though, wish we could see the slides

    • @4.0Solutions
      @4.0Solutions  Місяць тому

      There was a quite a bit of background noise. And we had to crank the volume a bit. We used the sound recording from the AV system and merged it with our camera video. Thank you for the feedback!

    • @willemhaifetz-chen1588
      @willemhaifetz-chen1588 Місяць тому +1

      Thanks for cleaning it up!

  • @mfundoD
    @mfundoD 27 днів тому +1

    English
    Paper 1

  • @wrathfullyzen
    @wrathfullyzen Місяць тому +1

    Have your heard about the Cybertruck? Anyone that thinks Tesla is awesome after that should go to Mars.

    • @4.0Solutions
      @4.0Solutions  Місяць тому

      The best product Tesla has created to-date? The CyberTruck, yes what about it?

    • @wrathfullyzen
      @wrathfullyzen Місяць тому

      If that's the best product they've created, that's very sad. The trunk will close on your fingers, that's the BEST? But I guess like you said some people think getting product out of the door is more important to some than safety. I call those people assholes.

  • @goldensunalways2228
    @goldensunalways2228 Місяць тому +2

    Excellent way of putting things up. You bought Tesla shares?

    • @ZackScriven
      @ZackScriven Місяць тому

      I do own tesla shares yes

  • @toddhed
    @toddhed Місяць тому +1

    The statement that "Tesla is an awesome company" is wrong for several reasons, the greatest of them being that it's an over-broad statement. PARTS of Tesla could be considered 'awesome', but as a whole, the company is a good example of a modern Ponzi scheme. He pays his creditors by announcing a new product and taking deposits, then takes 5 extra years to deliver half what he said he would at twice the cost. Yeah, the company has got some great technology, but it's cars aside from the electric tech are just so-so, they're on par with say a Ford Fusion in quality, fit, and design, at best. The designs are tired- they haven't updated them since 2014, and their only really 'new' entry, the truck, is a monumentally stupid thing just meant to sort out the fanboys from the reasonable. The company has lost 40% of it's value in a year for a very good reason- it was a powerhouse when it had no competition. Anyone can be the best when they're the only ones doing it. Aside from that, even you pointed out that Musk rules with chaos, which isn't a good way to run anything, a company OR a country. They won the charger format wars, and in response he blows up the charger division. Either he's an idiot, or they're losing money over there like crazy. My money is that they're losing money because they've subsidized fast charging to create the illusion that such charging is 'cheap' in order to sell cars. As for being a data company, big deal. Kroger has been collecting more important data on grocery shoppers for decades using their shopper cards. Doubleclick collects from everyone who uses a web browser. Lastly, Tesla is guilty of something that really needs to be squashed now rather than later- the subscription model for features. Hiding range behind a paywall is downright NASTY behavior. The only thing they've got going for them is the cult-like behavior of the less-educated segment of the consumer base.

    • @4.0Solutions
      @4.0Solutions  Місяць тому +1

      You sound like the perfect person to come on the Podcast and debate Walker on Tesla’s standing!

    • @ravis2381
      @ravis2381 Місяць тому +1

      @@4.0Solutions 😳🤣😂 PLEASE let me know when its happening , i want the first row 1st ticket with loads of popcorn !!

    • @alasdairgilchrist2504
      @alasdairgilchrist2504 Місяць тому +1

      Wonderful

    • @4.0Solutions
      @4.0Solutions  Місяць тому

      I'm sorry did you say, "Tesla's are on par with say a Ford Fusion in quality, fit, and design, at best." 🤨

    • @toddhed
      @toddhed Місяць тому +1

      @@4.0Solutions Not in that wording, and particularly not with the cringe-inducing mis-use of the apostrophe. You're trolling now.

  • @jonbikaku6133
    @jonbikaku6133 11 днів тому

    Woah woah, tesla has done not much for sustainability my friend. He started with a father who made money in mining(opp of sustain), he created paypal(not related to sus), then he created a EV revolution where he did exactly the mistake you said was problem one - he got EVs without figuring out the actual process. EVs are not sustainable, not yet.

    • @4.0Solutions
      @4.0Solutions  11 днів тому

      How are they not sustainable when they can be powered with renewable energy and the batteries can be recycled into new batteries indefinitely?

    • @walkerreynolds973
      @walkerreynolds973 11 днів тому

      Jon - Giga is designed to manufacture anything, taking us away from the additive assembly line. Tesla has designed a car that has 1 maintenance incident for every 100 in a ICE. Tesla’s made the sustainable power plant in a car a reality (fuel that can be reused). Tesla created the digital supply chain that others have copied.
      My father was a bar brawler, does that make me one too?
      Your comment is littered with so many logical fallacies, I don’t even know where to start.
      Let’s start here - what is your definition of human sustainability and what are the steps to achieving it?
      And we aren’t friends - I have 5, you aren’t one of them. 🙏

    • @jonbikaku6133
      @jonbikaku6133 11 днів тому

      None of tesla's batteries can be used indefinitely. If that were the case, the world wouldve changed already.
      The amount of carbon produced in extracting Lithium is muuchh more than for a regular car.
      The electricity being used to charge these cars? Not clean in 90% cases.
      This isnt to say we will never have indefinite batteries or lithium free batteries, its just not here yet.

    • @jonbikaku6133
      @jonbikaku6133 11 днів тому

      and while I have more than 5 friends, I in no way used it literally either.

    • @jonbikaku6133
      @jonbikaku6133 11 днів тому

      @@walkerreynolds973 the comment about his father was a truthful exaggeration- to show you how unsustainable his model has been even in extremes. Bet you didnt know it either. Not a shade, but a highlight on how everything isnt rose gold at tesla.

  • @Renvoxan
    @Renvoxan Місяць тому +3

    "It will change your life" - naah, it was midwit af

    • @walkerreynolds973
      @walkerreynolds973 Місяць тому +3

      Come on the podcast and let’s have a discussion. Do you have an argument for why it is “mid-wit af”?

    • @4.0Solutions
      @4.0Solutions  Місяць тому

      what side of the chasm are you commenting from?

    • @alasdairgilchrist2504
      @alasdairgilchrist2504 29 днів тому +1

      @@4.0Solutions
      ha ha they are in a long queue behind me - coward!

    • @4.0Solutions
      @4.0Solutions  28 днів тому

      @@alasdairgilchrist2504 Why does what we do bother you so much Alasdair?

  • @NickNiculita-nicks-software
    @NickNiculita-nicks-software Місяць тому +3

    Elon.....again? Otherwise, all good...

    • @4.0Solutions
      @4.0Solutions  Місяць тому +4

      Elon is a great example of a transformative leader, and one of the only ones that also happens to be a household name.

    • @NickNiculita-nicks-software
      @NickNiculita-nicks-software Місяць тому +3

      @@4.0Solutions yeap, narcissist, pathological liar...at the beginning, I thought that was smart, but now, less and less....

  • @alasdairgilchrist2504
    @alasdairgilchrist2504 Місяць тому +1

    This is absolute garbage !

    • @4.0Solutions
      @4.0Solutions  Місяць тому

      Did you watch the whole thing at least?

    • @alasdairgilchrist2504
      @alasdairgilchrist2504 Місяць тому +1

      @@4.0Solutions
      Unforttunately I didn't as I found your Tesla fanbiy stuff particularly jarrrring. I know we will nver agree on Tesla so no point bringing it up but I feel it ruined an altttogetther excellent presentation up until that poinnt.

    • @4.0Solutions
      @4.0Solutions  Місяць тому

      So - you do think Tesla is awesome. Care to share why?

    • @alasdairgilchrist2504
      @alasdairgilchrist2504 Місяць тому +1

      @@4.0Solutions
      where did I say Tesla was awesome?

    • @alasdairgilchrist2504
      @alasdairgilchrist2504 Місяць тому

      where did I say Tesla was awesome? I never would or could ... to me they are a bunch off hypocricical, disingenuous and thieving c&nts.

  • @aldhal202
    @aldhal202 Місяць тому +1

    Please clarify: Tesla manufacturing is no more assembly not additive not linear. Can you please continue what is it then?
    Is it modular manufacturing? Is it service based manufacturing?
    I understand the enthusiasm of the presenter but for sake of getting better attention its more beneficial to make logical flow in odeas rather than saying half information and jumping to what he is promoting for. Its like throw some disturbing attention and then jump to his idea or solution with emotional flow rather than using logical flow.
    Despite what i wrote there is no one in the market now has tha balls to say things closer to reality than this presenter regardless of whether I agree with his ideas or not
    Thanks and regards

    • @walkerreynolds973
      @walkerreynolds973 Місяць тому +2

      This summarizes where they are going, best. www.bloomberg.com/news/articles/2024-03-28/tesla-s-tsla-new-unboxed-manufacturing-process-aims-to-cut-costs-50

    • @4.0Solutions
      @4.0Solutions  Місяць тому +1

      Look at the investor day 2023 presentation and they show a new "Unboxed" method of assembling cars.

    • @aldhal202
      @aldhal202 Місяць тому +1

      @@4.0Solutions thanks for the hint.
      for everyone from 2:05:00 till around 2:30:00 ua-cam.com/users/liveHl1zEzVUV7w?si=eHrkNwEgcKmkAy_i

    • @ravis2381
      @ravis2381 Місяць тому

      @@walkerreynolds973 EXACTLY it is a different style of manufacturing but how do we relate this to because of UNS or data collection based on which they modified the production style ??? Its a concept they followed to start with.....data collection for further improvement is acceptable argument but that really did not give Tesla the leap it has over others ....data collection can can help them to decide where they need to put their larger Bank stations etc .......

    • @4.0Solutions
      @4.0Solutions  29 днів тому

      Try doing unboxed method without a digital infrastructure with realtime information, and see how it works out Ravi. There’s a reason it’s done linearly currently, it couldn’t be done a more intelligent way at the time, because it would require a lot of data integration to have all the pieces come together at once.