Frank Friesacher Talks about "Automotive Counterfeit Parts: How Blockchain and IoT Present a New Solution to Solve an Old Problem" at the Symposium on Counterfeit Parts and Materials
Bio: At Filament, he helps enterprises navigate digital transformation of their business processes and the introduction of new digital product opportunities using IoT, blockchain, SaaS and other ecosystem enablers to disrupt their current markets. As an Executive Director at Cummins, he worked with a team to set-up the Digital Accelerator division bringing IoT and big data technologies to engine and smart-parts with realtime monitoring for remote diagnostics, predictive analytics and remote calibration. Lead global commercialization of these new technologies and associated services for equipment OEMs, fleets and others through global Business Units in mining, on-highway, off-highway, rail and other segments. Previously Lead Troo Corp as its CEO in developing the market for IoT Location Intelligence Platform for cloud based solutions in fleet telematics, aircraft tracking, flight data analytics and operator safety. Over 25 years of technology leadership in building businesses for leading new technologies and services to market. Markets include: wireless telecommunications, embedded systems, security and billing, GIS geomatics, Telematics, IoT, SaaS, PaaS and data analytics with remote automation
Abstract: This session provides detailed insight into how new technology advances are finally helping get the issue of OEM parts tracking under control by enforcing authenticity and ensuring that each and every service center is replacing broken or recalled vehicle components with genuine, certified parts. It will explain how an enterprise blockchain; an end-to-end tracking system connects the vehicle’s parts to the blockchain and adds active intelligence to the vehicle during use, providing it with the capability to monitor for the removal and installation of all components.
A real-world example of how one major commercial vehicle corporation Is using a genuine OEM parts enterprise blockchain tracking solution to improve its aftermarket supply chain challenges and drive significant cost savings will be provided.
Attendees will gain valuable knowledge about the new advances in immutable, secure solutions for OEM parts tracking that are poised to have a big impact on the global counterfeit parts problem for automotive OEMs as well as many other industries.
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