IIC Journal of Innovation 11th Edition | Page 93

What’s New at the IIC Applying Innovation in Industry It has been 5 years since the establishment of the Industrial Internet Consortium. We’ve grown to become the largest industrial IoT consortium in the world. Our members are recognized leaders in development and adoption of IIoT and enabling technologies. We’ve set the stage for member company growth and reaching new markets, and established IIC as THE place to collaborate on projects that impact industry. We bring together the organizations and technologies necessary to accelerate the growth of the industrial internet. Most importantly, we’re evolving as an organization by turning our primary attention toward supporting technology end users across every industry. IIC members recognize that most organizations are under pressure to “move to the digital age.” It is a tough proposition: integrating legacy systems and optimizing with machine learning and artificial intelligence; connecting factories, mines and power grids; addressing security and trustworthiness concerns; implementing distributed ledger technology, preparing for future technical challenges such as deep learning, blockchain and 5G. Often, there are commonalities across vastly different vertical industries: the ability to monitor or gain visibility, the need to predict machine failures or reduce costs through data analytics. Some of the most innovative developments may yet be discovered by tailoring the same or similar solutions to different industries. Could there be mining use cases that could be practical for workforce safety among emergency first responders or within retail “big box” warehouses? Are there retail solutions that might be relevant in CPG manufacturing or Pharma? The possibilities are endless – so are the challenges. IIC members address challenges like these every day. We are committed to solving end user problems through our ecosystem of experts and providing valuable facilitation services, regardless of the size of the IoT project. The Industrial Internet Consortium (IIC) focuses on the acceleration and development of industrial IoT by working directly with industry end users and helps empower technology end users with the means to obtain and deliver ROI from their IoT systems. The Pivotal Role of End Users Established in 2018, our End User Leadership Council was formed to share end user insights on implementation challenges and set the vision for the industry. Founding representatives from Boeing, B&R Automation, Bosch Rexroth, Church & Dwight, Deere & Co. and TRUMPF meet regularly to continue discussions with IIC leaders around key challenges, successes and 89 June 2019