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The manufacturing industry is about to get a jolt of innovation with the converging trends of AI and process digitization. Manufacturers who leverage this powerful intersection will transform themselves into intelligent digital manufacturing powerhouses while those who don’t will fall far behind.
The topics Michael covers include:
Listen to the podcasts below as Michael discusses these trends and more. Michael’s hands-on thought leadership gives him a unique perspective. He has personally led manufacturing startups and enterprises and is now paving the way for a new generation of industry 4.0 solutions through AI-Powered Digital Transformation.
During our conversation, Michael discusses how artificial intelligence and digital transformation are changing the manufacturing process. And, he shares information about how Praxie helps companies digitize their business in a cost-effective manner. Michael also talks about horizontal AI (generalized) versus vertical AI (company-specific) and discusses practical application examples of both types of AI. Michael also shares how his work as an actor, singer, and dancer helps him in his role as a CEO today.
Michael Lynch discusses a smarter, easier way to transform your legacy information, Excel spreadsheets, and disparate databases by wrapping it in a practical software application that interfaces with the various sources to give you what you want – in a few weeks, not months or even years.
Join us as we discuss bringing the day to day running data and action items from visual management and paper notes, to a connected and full cycle solution. My guest, Michael Lynch, Co-Founder of Praxie, shares insights into the evolving landscape of AI, its practical applications, and how businesses can leverage this transformative tool to gain a competitive edge.
The conversation delves into the role of Internet of Things (IoT) in manufacturing and the challenges faced by companies in managing diverse processes, often relying on tools like Excel sheets. Praxie aims to address this by offering a digitisation platform that allows companies to start small and gradually build custom applications tailored to their needs.
Michael emphasises the significance of digitising processes to gather intelligence and optimise manufacturing. He highlights the long tail of manufacturing processes, often managed through traditional methods like Excel sheets and explains how it helps replace these with digital solutions, improving efficiency and transparency.
We like to talk to interesting people on this show so when Praxie reached out to us wondering if their CEO, Michael Lynch could come on the show we knew it would be a fun conversation.>
Michael is the former head of Internet of Things at SAP software and now CEO of Praxie (and believe it or not, former lead in Les Miserables on Broadway prior to that!).
We talk about how Michael went from the acting/performance world to the internet of things and eventually wound up founding Praxie.
Praxie provides a platform that allows organizations to transform their workflows with AI-powered processes, dashboards, and applications, without spending an arm and a leg and taking months to complete. This is especially relevant for manufacturing businesses who are stuck using Excel spreadsheets and software from the 80s.
Open any artificial intelligence chatbot, such as ChatGPT from openai, or microsoft’s AI chatbot within Bing, and ask how AI technology can help your business. My guess is that you’ll get a lot of ideas about using AI to write marketing copy, or maybe even do research on your competitive position, but you won’t find a lot of advice on how to use artificial general intelligence to help with the core of your business — your manufacturing processes, and how to make those more intelligent for speed and for profit.
The reason is that the latest AI tools can’t help you here, is that AI systems can’t improve your business processes until those processes themselves have been digitized. And process digitization — especially in the manufacturing industry — is still in its early stages. What is process digitization? And how can process digitization help manufacturers use AI models for profit —to lower costs, increase profitability, and mitigate risk? These are the questions we’re asking and answering on the podcast today.
Today we’re talking with AI systems expert Michael Lynch about deep learning for the manufacturing industry. Michael Lynch is the former head of IoT at SAP software, where he developed powerful algorithms to mine huge data sets for general intelligence and for profit. Michale Lynch is now the founder and CEO of Praxie, a startup that helps manufacturers take advantage of the latest AI tools by digitizing their processes. He’s here today to help us sort through the buzzwords in artificial intelligence so you can get the most out of this new technology.
“How do you practically apply artificial intelligence? I think that’s the core question that most manufacturers are asking themselves,” says Michael Lynch, CEO at Praxie, in our new podcast episode. “AI is the second step. The first step is getting digital, because you can’t use AI unless your stuff is digital. So if you think about a pragmatic roadmap, it’s get digital, get all that stuff out of Excel sheets and paper, and build those workflow processes.”
How can manufacturers overcome the hurdles to a successful digital transformation, and use AI to improve their processes to make them better execution leaders? Listen to our conversation with Michael Lynch to learn more about how AI is transforming manufacturing today and how it will continue to do so in the future.
Topics
Interactive Webinar on Digital Transformation and AI with Michael Lynch (CEO at Praxie and former GM IoT at SAP), Soren Kaplan (Co-Founder Praxie, Bestselling Author), Ripi Singh (Inspiring Next), and Johannes Vrana.
Some of the items we discuss:
Michael Lynch shares his background, mentioning his experience in entertainment, transitioning into technology through computer games, 3D modeling, and eventually founding Praxie after selling a previous company to AP.
Praxie is introduced as a digitization platform aimed at helping companies in the manufacturing sector overcome challenges related to managing processes using traditional methods like whiteboards, huddle boards, and Excel sheets. Lynch emphasizes the importance of digitization for leveraging AI effectively. The platform acts as a unifying, no-code solution that connects machine data, applications, and databases, enabling companies to automate processes and achieve improvement across various applications.
The conversation delves into the current state of AI in manufacturing, with a focus on generative AI revolutionized by models like GPT (Generative Pre-trained Transformer). Lynch explains how Praxie integrates AI as a pragmatic extension of human capabilities within lean processes, enhancing efficiency and decision-making. The platform allows users to input data digitally, enabling AI to analyze, summarize, and suggest actions for process improvement.
The discussion then explores the ongoing digitization process, emphasizing the need to move away from manual methods like spreadsheets and templates. Lynch provides examples of how Praxie facilitates digitization, such as digitizing end-of-shift reporting, 5S, gima, Kaizen, and more. The goal is to create a digital realm where AI can analyze and optimize plant operations.
A demo is offered to illustrate how Praxie works in practice, showcasing features like generating executive summaries, suggesting actions, and building action plans using AI. The platform’s flexibility in modifying forms and generating AI-assisted A3s is highlighted.
The conversation also addresses the potential impact of AI on the workforce, with Lynch expressing a positive view that AI can augment workers and improve their lives. The transition to the next generation of workers is discussed, emphasizing the role of AI in knowledge integration and process optimization.
Toward the end of the interview, Lynch responds to an impromptu question about the data set behind Praxie. He explains the importance of an infrastructural layer before large language models to ensure accurate and relevant information.
The interview concludes with information on how interested parties can contact Praxie for further discussions and demonstrations, emphasizing the practical value and benefits of digitization and AI in the manufacturing sector.
There are millions of cool stories in manufacturing. Your host, Jim Vinoski, helps share them by talking to the people who are making them happen. Manufacturing is where the rubber meets the road. There’s no hiding. You’re either making good products people will buy for enough to keep you in business, or you’re not. Meet the amazing folks who thrive in that survival-of-the-fittest world.
Appearing on Broadway in Les Misérables… playing a part on General Hospital… and launching an AI-driven industry software services company?
Yep, yep, and yep, if you’re Michael Lynch. He joined us for Episode 89 to chat about all of it.
After earning a living singing, dancing, and starring on stage and screen, Michael served as CEO of Right Hemisphere Inc., a provider of small tools for graphics professionals. The company was acquired by SAP, where Michael led the Internet of Things business. The he co-founded Praxie, a business process automation company.
Michael dives into the specific services Praxie brings to manufacturing customers, including making data actionable and making Lean efforts more effective.
This one was fun, entertaining, and educational! Check out the whole thing!
George has spent the last 25+ years leading technology product and consulting businesses for the benefit of enterprise customers who are transforming their energy, construction, manufacturing, defense, and aerospace markets into sustainable, lean, and digital modern businesses. This includes business modeling, value engineering, devising global markets, and designing global enterprise consulting services. Additionally, as an engineering and commercial executive, he led modernizations at Northrop Grumman F35, Sikorsky helicopter, Chrysler, Caterpillar, Boeing, Saab, DOE SPR, and numerous other manufacturing processes into digital manufacturing. He has partnered with client success teams to deliver to over 250+ global industrial, aerospace, and consumer manufacturers, finance/ insurance/ banking and distribution and logistics companies, helping them increase product speed to market, revenue, market share, customer experience, and manufacturing excellence.
George is the Chief Growth Officer at Praxie, a leading software company that provides hyperscaler-based Event Stack architecture with embedded enterprise AI for digital manufacturing, strategy and innovation solutions. With over 25 years of experience in the software industry, George has a deep domain expertise in machine learning and AI, agile development, business case creation, and enterprise solution development.
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