Industrial Internet of things Paul Ormonde-JAmes

Copyright Paul Ormonde-James 2016

By Paul Ormonde-James

Industrial Internet of Things

Big Opportunity, Big market

But HOW?

Paul Ormonde-james(@pormondejames) | Twitter


I I o T….what is it?

• The Industrial Internet of Things (IIoT) is the use of Internet of Things (IoT) technologies in manufacturing.

• Also known as the Industrial Internet, IIoT incorporates machine learning and big datatechnology, harnessing the sensor data, machine-to-machine (M2M) communication and automation technologies that have existed in industrial settings for years.

• The driving philosophy behind the IIoT is that smart machines are better than humans at accurately, consistently capturing and communicating data.

• This data can enable companies to pick up on inefficiencies and problems sooner, saving time and money and supporting business intelligence efforts.

• In manufacturing specifically, IIoT holds great potential for quality control, sustainable and green practices, supply chain traceability and overall supply chain efficiency.

http://whatis.techtarget.com/definition/Internet-of-Things

http://whatis.techtarget.com/definition/machine-learning

http://searchcloudcomputing.techtarget.com/definition/big-data-Big-Data

http://whatis.techtarget.com/definition/sensor

http://whatis.techtarget.com/definition/machine-to-machine-M2M

http://searchcio.techtarget.com/definition/smart-machines

http://searchcio.techtarget.com/definition/green-IT-green-information-technology


So what is it really?


Connectivity to keep increasing

The current opportunity is significant. The future opportunity is immense. With corporations moving increasingly to automation and replacement of human workers the number of devices will grow.

The intelligence of sensors and devices will increase.


Just a small amount of connectivity drives big returns

Connectivity costs down

Device numbers up


How to make it happen…..

The link between real time data, advanced capture & storage, correlation, prediction, optimisation and implementation


Size matters


So who is into this place


Why industrial vs Consumer


Walk the talk

Simple, but is it just too late?


From tip to the rest …..

The tip is interesting but the rest of the ice berg is where the growth is

My 10 key points to address are…


Money there for the taking


Industry focus

Industry opportunities

Growth opportunities vary


So much opportunity


Industrial Internet of ThingsHuge analytic opportunity for revenue growth

Are you

prepared for

change?

Paul Ormonde-James

Industrial Internet of things Paul Ormonde-JAmes

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