Written and designed by Bill Mohrbacher Find the entire feature on page 28 in the February issue. If you go to the AMA website you can read much more about the engine pioneers in the Hall of Fame section. In the beginning, there were huge, heavy engines, better suited to powering model boats than model airplanes. InSamuel Langley flew a large model airplane for 90 seconds, powered by a steam engine of his own design.
Convergence on the outcome economy: This is a much more challenging prospect. Among other things, providers will require a deeper understanding of customer needs and contexts in which products and services will be used.
Value based on output also entails quantifying results in real time. Both of these requirements have been nearly insurmountable obstacles to scale — until now.
It is the digital age that makes the outcome economy possible. With the proliferation of connected sensors, the physical world is moving online, becoming increasingly quantified and accessible.
Similar to the data logs that show web trails, sensory data streams from connected machines contain detailed traces about product usage and customer behaviours.
By applying advanced analytics to such data, along with the right external data and domain models, companies can gain a better understanding of interactions among input variables, and optimize what it takes to achieve desired business outcomes.
For example, agricultural companies now have the data necessary to calculate how many bushels of wheat can be produced on a given piece of farmland with a particular mix of seed, fertilizer, water, soil chemistry and weather conditions.
By combining analytics software with connected tractors, tillers and planters, they can apply the precise mix of seed and fertilizer to maximize crop yield at harvest.
Industrial Internet outcomes typically revolve around the product or the business. Product outcomes measure how well a product performs according to its intended purpose.
For example, target outcomes might relate to the operations or maintenance of a product e. In general, product outcomes are fairly straightforward because they typically involve only the product supplier and user.
Customers pay for product reliability. As the product-service provider, Rolls-Royce assumes the entire risk of time-on-wing and shop visit cost.
Rolls-Royce jet enginesTaleris tackles the larger issue of airline delays and cancellations caused by equipment failures. To accomplish this goal, it focuses on airline fleet optimization far beyond the operational condition of a specific piece of equipment.
By servicing the entire fleet, Taleris can impact overall maintenance schedules. This systemic approach means less disruption, lower costs, better spare-parts inventory management and more satisfied travellers.
Companies will need more and better data to calculate costs, manage risks and track all the factors required to deliver the promised value. Provider risk will increase, too, as markets move to value based on outcomes, but so will the reward. New financial instruments and forms of insurance will emerge to help enterprises manage the risks associated with guaranteeing outcomes.
Pricing practices will also change, as it becomes possible to model the probability of delivering outcomes. Success in this environment will require greater cooperation among businesses than ever before, which will call for a far more connected world, comprising new market ecosystems and technology platforms that can support and serve the Industrial Internet economy.
Workshop Highlights — Munich, Germany, 4 November, Software platforms within ecosystems can enable the aggregation and brokerage of data and the collaboration across industries, which can create unexpected business relationships and expertise.
The supply chain will become more flexible, allowing more on-demand customization and real-time access to information. Digital manufacturing will affect the design process of a product, and its lifecycle will be shorter since technology will enable quicker change and modification.
Production of goods will happen closer to consumption and service delivery will drift further away from consumption as services can increasingly be performed remotely.
The Industrial Internet will create new complexities and moving parts that will all need to be managed by new positions—leading to the creation of jobs. Many feel that the start-up environment is stronger in the US when compared to that in Europe. Outcome-based Agriculture One industry at the forefront of the evolution to outcome-based services is agriculture.
By connecting farm equipment to geo-location data, agricultural companies and farmers can now coordinate and optimize farm production in ways never before possible. For instance, automated tillers can inject nitrogen fertilizer at precise depths and intervals, as seeders follow, placing corn seeds directly in the fertilized soil.
Outcome-based agriculture requires connected ecosystems and platforms.Jet Planes and World War II: The Development of Jet Engines During The War Before World War II, in , jet engines primarily existed in labs.
The end of the war, however, illustrated that jet engines, with their great power and compactness, were at the forefront of aviation development. The diagram to the left illustrates the traditional jet engine, a turbojet, where air is sucked in through the compressor, gets combusted, and then exits the engine through the turbine, which also powers the compressor.
Whoosh! It took a little more than one hour of test flight to convince us that Phenom EV, short for “Evolution,” finally has shed the original Phenom ’s matronly image. Essay The Evolution of Jet Engines The jet engine is a complex propulsion device which draws in air by means of an intake, compresses it, heats it by means of an internal combustion engine, which when expelled it turns a turbine to produce thrust, resulting in a force sufficient enough to propell the aircraft in the opposite direction (Morgan 67).
The first patent for a jet engine was granted in With piston engines, advancements and performance reaching a peak, the invention of jet engines would lead the way for radical changes in fighter jets and military battle regardbouddhiste.comon: Main Street, Suite #, El Segundo, , CA.
THE HISTORY, EVOLUTION, AND PROFILE OF PERSONAL WATERCRAFT A Report by the Personal Watercraft Industry Association January