IIC Journal of Innovation | Page 7

Three Main Themes in the Industrial Internet of Things Smart Maintenance and Operations focuses on optimizing maintenance and operations at the asset level. Global Optimization delivers system-wide operational efficiency by holistically analyzing operational data across fleets of assets to meet business objectives. Local Autonomy further achieves operational efficiency by enabling assets to adapt intelligently to changing operational context while increasing resilience in operations. As the application of the industrial internet develops in these and other themes, we expect that new possibilities and opportunities will emerge enabling new classes of applications, creating new values and driving development of new technologies in a virtue cycle of advances. 2. SMART MAINTENANCE AND OPERATIONS Broadly speaking, industries at large have made hefty investments in the past decades building up a vast scale of infrastructure for industrial operations (the brown field). This infrastructure consists of a variety of assets, many of which operate at various levels of automation supported by micro-controllers connected to sensors and actuators performing closed-loop control. Today a large proportion of these assets still operate in isolation, some geographically distributed. The first phase of many Industrial Internet deployments will likely seek to connect to these assets to remotely monitor and maintain their operations. By doing so, we can gain timely visibility to the operational states of the assets and an ability to manage them remotely to improve uptime and reduce maintenance costs. This new monitoring capability allows us to remotely inspect the asset operations on demand and to be alerted to anomalies and exceptions in the operations. The new maintenance capability enables us to provision, configure, update, diagnose and repair the assets remotely. Moreover, data from the operational state of the assets can be analyzed to enable advanced capabilities such as predictive and prognostic maintenance to prevent unplanned -6- December 2015