Modern machines tend to be smart. You’ve got a piece of industrial equipment, possibly with an OS, a sensor bus, and drivers talking to I/O systems enabling local monitoring and operation. Now you want to monitor, control, and update that equipment from the cloud. This can be accomplished, but only after you’ve deployed data management components to […]
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IIoT customers often demand a fully functional, end-to-end solution. And, most products often fall short of “the last mile” to give these customers exactly what they need. To bridge this gap (i.e., close the deal, or satisfy an important customer) Product Teams often agree to develop one-off features for that particular customer. Overall, the Product […]
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Buzz words such as the industrial Internet of Things (IIoT), Industry 4.0 and Digital Twin have started to weave their way into executive key notes and sales peoples’ pitches. It is easy for product offerings to get lost in the cloud of buzzwords and become disconnected from the basic operating principles of the customers in […]
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In the Industrial IoT world, we often hear comments like “Let’s make our existing machine or tool connected, and later we will find the way to create value or monetise it!” or “We need more and more data so we can solve business problems.” Is this approach enough? Is it a good idea to start […]
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The next industrial revolution is here. Whether you call it Industry 4.0 or Industrial IoT or Digital Transformation, the increased access to machine and operational data, proliferation of two-way communication, speed of data flow, combined with the lower cost of computing, connectivity and storage has created the perfect environment to transform industrial operations. The time […]
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With a compound annual growth rate of around 28% for the next seven years, every year will be a big one for Industrial IoT. Inevitably as more companies adopt IIoT, the technology will evolve and mature. Evolution is built into the idea if Industrial IoT. Devices themselves are expected to be able to add functionality […]
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The Internet of Things (IoT) enables vendors to create an entirely new line of “smart” solutions for its existing and new markets. While the decision to go “smart” is straightforward, the decision of how to do so is not. Vendors are faced with a “build, buy, partner” decision – build it themselves, buy or license […]
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At IIoT World, we track how industrial organizations move from pilot to production, and one of the most persistent challenges is agreeing on a shared architecture language. The Industrial Internet Consortium (IIC) Industrial Internet Reference Architecture (IIRA) provides that common language: a standards-based framework that defines how IIoT systems are structured across business, operations, information, […]
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As a Product Manager, we can’t keep chasing the next big thing all the time. It’s true we need to understand where technology is going, but we need to be more pragmatic and realize there is no single “killer app” for anything. Particularly for IIoT. Is predictive maintenance the killer app for IIoT? Predictive maintenance […]
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A lot of big companies are creating “Innovation Labs” to generate IIoT platforms. We talk to them every day. Yet we see precious few successful IIoT systems ever delivered by these centralized teams. It’s not a problem of smarts or hard work. These are strong, motivated developers. But the Internet of Things is different, even […]
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Analyst firm IDC predicts that by 2019, 45 percent of IoT-created data will be stored, processed, analyzed and acted upon close to, or at the edge of, the network. The challenge is that many companies want to take advantage of the value IoT offers to improve and scale their business, but they do not know […]
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The Internet of Things (IoT) enables disruptive transformation across multiple market segments, from consumer, enterprise, agriculture, healthcare, manufacturing, utilities to government and cities. Industrial IoT (IIoT), a subset of the larger IoT, focuses on the specialized requirements of industrial applications, such as manufacturing, oil and gas, and utilities. Although IoT and IIoT share common technologies […]
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