TechHub: Digital Transformation in Chicago, Transform 2017 Keynote Kristi Woolsey & Ransomware in Industrial Networks

Chicago: The New Silicon Valley

Chicago’s technology community has been booming in the last five years.

A new KPMG report lists Chicago as a hopeful candidate to be the next international hub for innovation due to its talent and infrastructure, according to Inc. Magazine.

The city fosters a developing startup ecosystem, which raised more than $1.7 billion in funding in 2016, and ranks among the best in the country for growth of tech jobs.

Whereas Silicon Valley has shifted away from innovation to a lifestyle, landing tech leaders like the Snapchat CEO on the front page of a major fashion magazine, Chicago fosters a culture of no-nonsense leaders based on the value of hard work and dedication, according to Inc.

digital

The rooftops at Wrigley Field. Source: CNNMoney

The digital revolution is making more millionaires than ever, pooling together the most brilliant minds on the plant to cultivate an innovative mindset that focuses on creating value.

Join GrayMatter and GE Digital for an interactive session on digital transformations in Chicago on Wednesday, June 21.

Designed for you to learn and share your thoughts, there will be a chance to network with peers and watch the Cubs play the Padres at the exclusive rooftop suites at Wrigley Field.

Nate Arnold, VP of Manufacturing Digital Technology of GE Digital and GrayMatter CEO Jim Gillespie will reveal specific insights on the best paths to success in digital manufacturing and reveal what’s gone wrong in past cases.

Space is limited, so be sure to reserve your spot today.

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Inc. Magazine’s Best Workplaces of 2017 AnnouncedInc. Best Workplaces of 2017 GrayMatter

Inc. Magazine recently announced the 2017 best workplaces in their annual list, featuring GrayMatter.

Inc. recognizes the top companies to work for, asking thousands of employees about the places they work. For GrayMatter, transforming operations and empowering people includes our own people.

Transform 2017: MAYA’s Kristi Woolsey as Keynote Speaker

GrayMatter is proud to announce that Transform 2017, the annual GrayMatter conference in Put-in-Bay, Ohio, will feature MAYA Design’s Kristi Woolsey as a prominent keynote speaker this year.

Transform 2017 Kristi Woolsey

Kristi Woolsey, MAYA Design

Woolsey is a dynamic speaker with a long track record of providing insightful presentations that put today’s initiatives into a future context.

Most of her talks revolve around behavioral strategy, the technique of influencing employees and customers towards desired behaviors including greater loyalty, innovation, collaboration, and productivity. These talks and workshops challenge business leaders, HR, IT, and CRE professionals to create lasting branded experiences that increase employee and customer engagement, driving improved business outcomes.

GE Digital’s Sr. Service Director Paul Casto will also present as a keynote speaker. Presenting the power of brand new applications that can be leveraged in the cloud to provide extremely fast, easy to access information about all your assets, he will help cut through the chaos and decipher your digital priorities and first steps.

Transform 2017 is a three day conference in Put-in-Bay, OH, from August 1 – 3.  Professionals in all verticals who are passionate about operational technology and transforming into digital, industrial operations should plan to attend.

View our full agenda and register before June 9 to get the early bird special.

View Agenda

Industrial Networks at Risk of Ransomware Attacks

In recent weeks the news has been filled with reports of the newest malware, WannaCry ransomware, which has infected more than 200,000 systems worldwide.

An alert was published by the Industrial Control Systems Cyber Emergency Response Team, a division of Homeland Security, which advised operations to update security software, create backups, train employees and configure access controls to block unauthorized access to sensitive systems.

Industrial environments are particularly susceptible to these types of attacks for several reasons, including the improper segmentation of IT and OT networks, unpatched Windows machines and the presence of SMB on devices hosting HMIs, engineering workstations, historians and other systems, according to Security Week.

Phil Neray, VP of Industrial Cybersecurity at CyberX, believes that patching the vulnerability is not easy in the case of ICS.

“It’s worth noting that many of the SCADA applications embedded in our electrical grid and manufacturing plants were developed years ago and are tethered to older versions of Windows — so the fix isn’t going to be easy,” Neray said.

 

 

TechHub: Digital Disruption, IoT Expanding Digital Footprints and More

Digital Disruption Transcending Industry Borders

With the first quarter of 2017 coming to a close, it’s clear that the exponential growth within the technology industry is not slowing down.

25,000 new information-related jobs were created in February this year alone, according to Forbes.

As this tech push continues, we’re seeing more and more of the Digital Twin emerge as physical and digital worlds blend together.

The Digital Twin is the computerized companion of physical assets, using data sensors to show real-time data analytics.

The adoption of this trend is becoming increasingly popular as companies realize the countless benefits that the Industrial Internet of Things provides, and Augmented Reality and Artificial Intelligence become mainstream.

The biggest mistake companies are making right now is assuming these technologies won’t influence their business or impact their industry.

Industry 4.0 is real, and it’s here.

Smart technology is becoming integrated into every facet of life, resulting in customers having the ability to buy anything, anytime, anywhere.

“The convergence of cloud, mobile, social and data have ushered in a new wave of business models that will present unique challenges for various industries,” said Bob Weiler in Forbes.

With this new technology comes new challenges and questions emerging for industry leaders.

To stay ahead of the competition— and win— organizations will need partners who can provide a new level of knowledge and experience within the industry, according to Forbes.

Rethinking business models within critical industry operations is necessary to maximize performance.

The pace of change is accelerating fast. Organizations need to jump on board and embrace emerging digital technologies.

To learn the first three questions to ask in your digital transformation, join our webinar on Thursday, April 6, at 2:30 PM EST: Transform Your Operation: Vision Before Action.

Gray Matter Director of Professional Services John Benitz will demystify the beginning of the digital journey for you using his expertise on various transformations like the GE Brilliant Manufacturing process.

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Digital Transformation: Solving Big Manufacturing Problems

The top problems manufacturers are struggling with are visibility into operations, sharing information across one or multiple plants and allowing the right people to access the necessary data.

The solution? Digital transformation of plant operations.

“Digitizing production processes is more about running an efficient business than it is about jumping onto the next technology bandwagon,” said Industry Week.

Automating processes and storing big data on the cloud allows for a single connected platform with production visibility. It allows for a single-set of accurate data and increases the control plant operators need, according to Industry Week.

Instead of having information documented on manual paper processes like Excel spreadsheets, it can be accessed in real-time across one or multiple plants.

Access to product information, inventory, quality data and more increases the productivity and decreases downtime throughout the plant.

Automating the plant is also automating the communication, in turn freeing up people and resources. Instead of having to track down the necessary information and data, workers have instant access to it at a moment’s notice.

Going paperless and automating processes is a critical step within the industry, and lays the groundwork for future innovations.

Gray Matter has a new solution to help transform manual data entry processes into digital insights for manufacturers, utilities and energy companies.

Mobility@Work digitizes information that would have been buried in stacks of paper and puts data in a format that can be used for big picture analysis.

Hauling manifests, inspections, scheduling, incidents, inventory and time sheets are all transformed from piles on someone’s desk to an easy to read digital presentation.

“There are a lot of correlations you can make if you have the data working for you instead of in a stack of paper.” – Kemell Kassim, Gray Matter VP

Download the free white paper to learn how Gray Matter solved the manual data entry problem and helped save a leading energy company nearly $1 million in just the first year.

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IoT Devices Expanding Digital Footprints & Vulnerabilities

Security Week defines IoT devices as convenient.

They allow us to have access to data remotely and process it faster than ever.

However, with the convenience comes risk, and most people aren’t locking down their systems like they should be.

There are more avenues now than ever for cybercriminals to breach systems as more devices are connected and the digital footprint of plants are expanded.

The reality of IoT hacks is eminent. Recent research highlights how PLC controllers can be hacked and potentially taint water supply, according to Security Week. Not enough devices are accounted for, and too much personal and business data is intermingled.

The top recommendations to fix this are to get a clear policy in place, designate accountability and segment your network.

By having clear rules, placing risk and responsibility on people or teams and designating sections of your network help block the threat of cybercriminals. It makes finding an easy path into the network nonexistent.

IoT devices have a lot to offer in the world of operational technology and plant management, the risk just needs to be mitigated and vulnerabilities need to be tracked.

Gray Matter offers a vulnerability assessment for OT networks that creates a security baseline for each asset with an IP address.

In a recent interview with ARC Advisory Group, Gray Matter VP Kemell Kassim detailed recent cyber initiatives and ROI case studies.

Download the Q&A Here

TechHub: Leading a Digital, Industrial Era and Cyber Security as a National Priority

GE’s 2016 Report and the industry potential for 2017 and onward

This week GE Digital released its 2016 Annual Report, highlighting details such as an 83-percent increase in GE cash from operating activities, amounting to $30 Billion, as well as an increase by 4-percent in Industrial Segment Revenues, amounting to over $113 Billion.

Other components to the report are a look into building jet engines, a letter to shareholders, testing a giant gas turbine and more.

The report featured a 3D interactive video, explaining additive manufacturing and the new technologies that help design 3D-printed products.

It allows you to explore pictures of the assembly of the largest jet engine designed for commercial use, as well as the most fuel-efficient one produced by GE.

3D-printed fuel nozzles and fan blades, electron beam melting and more are explored through this interactive demonstration of innovative and futuristic manufacturing in the “Factory of Tomorrow.”

Playing by the (cyber) rules

This week a new set of rules went into effect in New York requiring companies to put cyber defenses in place. It’s just the start of what will be a new era of rules and regulations about cyber security for industries. While this week’s rules are just for New York, they will have a big impact on companies outside of the state.

What are the rules?

Companies in the finance industry are now required to have a cyber-security plan in place.  According to Fortune, this includes network penetration testing, cyber audit trails and restricting access to customer data.  Firms will also need a senior security officer whose job is to submit an annual compliance certificate.

“The days of saying,’I have a great IT guy’ are now over,” said an accounting firm executive during the Fortune interview. Cyber security has become a boardroom issue.  

Who are the rules for?

The companies who need to comply are banking, insurance, or brokerage firms that use licenses to operate in New York. Fortune also reports it’s important to note the rules will affect third-party vendors.


The regulations don’t affect operational technology companies at this time, but the same scenario is playing out in the OT space. Cyber is no longer a technology issue, it’s an enterprise issue. We’ll keep you posted as the regulations grow.

Governors declare cyber security a national emergency, state emergency

“Cyber security is critical to each and every governor.”

Those were the words of Terry McAuliffe, Chairman of the National Governors Association, at the four-day-long meeting in Washington D.C. as he urged fellow governors to take cyber threat precautions and increase their states’ defenses.

Noting that his own state faced 86 million cyber attacks in 2016, according to The Hill, the Virginia governor said that cybersecurity is both a national and state issue.

The association has made cyber security a recent priority, holding its first regional summit on cyber security in October and setting up a cyber center to aid states with securing infrastructure.

McAuliffe noted there is still a drastic need of a strategic plan on how to tackle cyber security within states, as well as improving critical infrastructure vulnerabilities.

Learn how to create faster time to OT security and how to multiply your cyber team in the free webinar: Accelerate Time to OT protection on March 16.

Register for the Webinar

New computing system made from blockchain is less vulnerable to cyber attacks

This week, several corporate giants announced joining forces to create a new computing system based on the virtual currency network Ethereum.

Similar to Bitcoin, the technology platform will run on a custom-built blockchain, a very powerful shared global infrastructure that can help developers create markets, store registries of debts, move funds and more.

One notable aspect of the platform is the ability to create a tradeable digital token used as online currency that can either be set to a fixed amount or fluctuate depending on the programming, according to Ethereum, the Swiss nonprofit organization. The virtual currency is known as Ether within the network.

It can run smart contracts. It enables applications to run exactly as programmed without the possibility of downtime, censorship, fraud or third party interference.

This is good news for cyber security experts.

According to the New York Times, the technology is reported as being harder to hack.

By adapting blockchain technology into their business models, large businesses are able to safely keep track of information such as stock and bond trading transactions.

The creation of the alliance shows the push forward among big companies to integrate technology into business plans and create streamlined databases with less back-office maintenance.

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