industrial internet of things paul ormonde j ames
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Copyright Paul Ormonde-James 2016
By Paul Ormonde-James
Industrial Internet of Things
Big Opportunity, Big market
But HOW?
Paul Ormonde-james(@pormondejames) | Twitter
Copyright Paul Ormonde-James 2016
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.
Copyright Paul Ormonde-James 2016
So what is it really?
Copyright Paul Ormonde-James 2016
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.
Copyright Paul Ormonde-James 2016
Just a small amount of connectivity drives big returns
Connectivity costs down
Device numbers up
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How to make it happen…..
The link between real time data, advanced capture & storage, correlation, prediction, optimisation and implementation
Copyright Paul Ormonde-James 2016
Size matters
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So who is into this place
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Why industrial vs Consumer
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Walk the talk
Simple, but is it just too late?
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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…
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Money there for the taking
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Industry focus
Industry opportunities
Growth opportunities vary
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So much opportunity
Copyright Paul Ormonde-James 2016
Industrial Internet of ThingsHuge analytic opportunity for revenue growth
Are you
prepared for
change?
Paul Ormonde-James