IIC Journal of Innovation 6th Edition - Page 42

What ’ s New at the IIC ?

What ’ s New at the IIC ?

2018 TAKES THE STAGE

2018 waits under the marquee with anticipation . It was only a few years ago that we were reading reports of the next Industrial Revolution , called the Industrial Internet of Things ( IIoT ) and how it was going to disrupt everything by merging operational and informational technologies across all departments , throughout all industries , and around the globe . Market sizing by some estimates was USD 170B in 2017 ( ARM Limited ), to USD 267B by 2020 ( Forbes ), and USD 934B , by 2025 ! ( Grand View Research ). Fast forward to today -- IIoT is the hottest ticket in town .
In just the past few months , the Industrial Internet Consortium ( IIC ) has powered through a number of deliverables including publication of the Edge Computing Edition of the Journal of Innovation and the Industrial IoT Analytics Framework technical report . A recently published white paper by the Smart Factory Task Group discusses how to get started in IoT by creating a “ green patch ” in your “ brownfield ” factory environment . Two new testbeds were introduced this quarter : Digital Solar Plant Testbed and Manufacturing Quality Management Testbed . One of our testbeds reporting significant results is the Intelligent Urban Water Supply Tested , featured in this Journal of Innovation and several others have been summarized in our report , “ Why We Build Testbeds : First Results .” In addition , we have established liaison agreements with Avnu Alliance , EdgeX Foundry , Industrial Internet Brazilian Association , NEMA and oneM2M .
The Industrial IoT Analytics Framework
Advanced analytics is at the core of the IIoT . When analytics are applied to machine and process data , they help optimize decision-making and enable intelligent operations . These new insights and intelligence can be applied across any level of any industry if the appropriate data can be collected and analytics are applied correctly . Data analytics is the new engine that is driving IIoT transformation . The Industrial IoT Analytics Framework is a first-of-its-kind blueprint that maps analytics to IIoT applications .
Testbeds – Venture Boldly !
The IIC is a global theater for the IIoT . The IIC ’ s unique and powerful combination of industry leaders , economic focus and dynamic technology gives its members a platform for huge impact . At center stage , we have the Testbed Program ; an incredible resource for the industry and for our members .
IIC Journal of Innovation - 41 -
What’s New at the IIC? What’s New at the IIC? 2018 T AKES THE S TAGE 2018 waits under the marquee with anticipation. It was only a few years ago that we were reading reports of the next Industrial Revolution, called the Industrial Internet of Things (IIoT) and how it was going to disrupt everything by merging operational and informational technologies across all departments, throughout all industries, and around the globe. Market sizing by some estimates was USD 170B in 2017 (ARM Limited), to USD 267B by 2020 (Forbes), and USD 934B, by 2025! (Grand View Research). Fast forward to today -- IIoT is the hottest ticket in town. In just the past few months, the Industrial Internet Consortium (IIC) has powered through a number of deliverables including publication of the Edge Computing Edition of the Journal of Innovation and the Industrial IoT Analytics Framework technical report. A recently published white paper by the Smart Factory Task Group discusses how to get started in IoT by creating a “green patch” in your “brownfield” factory environment. Two new testbeds were introduced this quarter: Digital Solar Plant Testbed and Manufacturing Quality Management Testbed. One of our testbeds reporting significant results is the Intelligent Urban Water Supply Tested, featured in this Journal of Innovation and several others have been summarized in our report, “Why We Build Testbeds: First Results.” In addition, we have established liaison agreements with Avnu Alliance, EdgeX Foundry, Industrial Internet Brazilian Association, NEMA and oneM2M. The Industrial IoT Analytics Framework Advanced analytics is at the core of the IIoT. When analytics are applied to machine and process data, they help optimize decision-making and enable intelligent operations. These new insights and intelligence can be applied across any level of any industry if the appropriate data can be collected and analytics are applied correctly. Data analytics is the new engine that is driving IIoT transformation. Th RGW7G&BǗF72g&Wv&2f'7Bb֗G2ֶB&VW&BFB0ǗF72FBƖ6F2FW7F&VG2( 2fVGW&R&FǒFR22v&FVFW"f"FRBFR>( 2VVRBvW&gV6&FbGW7G'VFW'2V6֖2f7W2BG֖2FV6wvfW2G2V&W'2Ff&f"VvR7BB6VFW"7FvRvRfRFRFW7F&VB&w&Ӳ7&VF&R&W6W&6Rf"FRGW7G'Bf W"V&W'2औ2W&bfFC