Ontologies: How to make sense of the data explosions in process industries
The new digitalization era of the process industry is burying organizations under a mountain of information. Data, like entropy, is always increasing, but there is no use collecting all these digital records if they drown in obscurity within an abandoned data lake. Industry leaders must learn how to make sense of all this information and transform it into revenue.
In today’s episode of the Industry Forward podcast, host John Nixon, Global Vice President of Process Industries at Siemens Digital Industry Software (Siemens) will speak with William (Bill) Hahn, Director of Solutions Consulting at Siemens. Their discussion shows industry leaders the digital transformations workflows they need to not only collect data but also make sense of it using artificial intelligence (AI), machine learning (ML), and visual communications via ontologies, simulations and digital twins.
In this podcast you will learn:
- 2:20 – Why industries must make sense of their exploding data
- 4:18 – Where various industries are with their data maturity levels
- 6:02 – What are ontologies
- 12:19 – How to extract value and revenue from real-world and synthetic data
John Nixon – Global Vice President of Process Industries at Siemens Digital Industry Software
As Group Vice President for Process Industries at Siemens, John leads a global team that helps process industries leverage digital solutions that enhance efficiency, accelerate innovation and achieve sustainability goals.
John has over three decades of experience in strategy, operations and technology deployment for energy, chemicals, life sciences and CPG. He is well versed in the operational and business pressures of industry, including regulatory demands, decarbonization, talent gaps and the push for innovation.
William Hahn, Director of Solutions Consulting at Siemens Digital Industry Software
As Director of Solutions Consulting at Siemens, Bill leads the digital transformation initiatives for large enterprise clients across life sciences, CPG, energy, chemical and infrastructure industries.
Bill has over 18 years of experience in digital strategy development, systems engineering, and business process optimization. He specializes in end-to-end software development, and implementations, that aligning technology solutions with business objectives like risk management, compliance and operational resilience.
The Industry Forward Podcast
Join industry experts to explore the key trends, transformative technologies and real-world innovations that are reshaping fields from aerospace, industrial machinery and semiconductors to pharmaceuticals and beyond. Each episode delivers an in-depth discussion on the dynamic challenges industries are facing and how digitalization driven by AI, software and the comprehensive digital twin is meeting those challenges today and redefining the global industry of tomorrow.
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