The industrial internet is a term coined by Frost & Sullivan and refers to the integration of complex physical machinery with networked sensors and software. The industrial Internet draws together fields such as machine learning, big data, the Internet of things, machine-to-machine communication andCyber-physical system to ingest data from machines, analyze it (often in real-time), and use it to adjust operations.
As of 27 March 2014, the Industrial Internet Consortium (IIC) was founded by AT&T, Cisco, General Electric, IBM, and Intel to bring together industry players—from multinational corporations to academia and governments—to accelerate the development, adoption and wide-spread use of Industrial Internet technologies.
The barriers between software and the physical world are falling. It’s becoming easier to connect big machines to networks, to harvest data from them, and to control them remotely. The same changes in software and networks that brought about decades of Silicon Valley innovation are now reordering the machines around us.The foundational technologies of the industrial internet are available now to anyone from big industrial firms to garage inventors. These technologies include: pervasive networks; open-source microcontrollers;software that can analyze massive amounts of data, understand human preferences, and optimize across many variables; and the computing power needed to run this intelligence, available anywhere at little cost.
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