An executive with Columbus-based Cummins Inc. (NYSE: CMI) says the emerging Internet of Things industry brings new opportunities and challenges for manufacturing technology companies. Chief Information Officer Sherry Aaholm says IoT technology allows the company to tell customers if there is an issue with an engine before a problem occurs. During the latest edition of The New Crossroads podcast, Aaholm said the company has also developed proprietary platforms to protect against potential hacking.
Aaholm says Cummins had used IoT in the past on its test vehicles to capture information from engines to alert designers about chronic issues. She says the company realized that that information would also be valuable to customers. In addition, since Cummins has the proprietary information about the engines, she says the company would be best-equipped to tell customers what needed to be done to address the problem.
On hacking, Aaholm says it’s not just a concern about someone getting inappropriate information; it’s also about safety. The company protects against it through methods including encryption and security keys, as well as having external companies and original manufacturers try to hack into their systems to detect openings.
You can see the full podcast below: