Industrial Internet of Things: revolution or evolution?
03 May 2019
Affecting every industry globally the “Industrial Internet of Things” (IIoT) is the melding of digital, physical, and biological environments.
Breakthroughs in technologies and processes are occurring at an unheard-of pace. Yet a recent survey in the Engineering Industry community revealed over 60 percent of interviewees said they had heard of IIoT but fewer than 30 percent confessed to not knowing much about it!
So, what is it? The IIoT is a concept formulated by German industrialists lead by Klaus Martin Schwab, a German engineer and economist who is best known as the founder and executive chairman of the World Economic Forum. This IIoT concept furthers the original construct of the IoT (Internet of Things) ascribed to Proctor & Gamble’s Kevin Ashton in 1999. The idea is to develop more sophisticated technologies to automate and computerise the running of factories. This trend is also captured by the phrase “Industry 4.0” or “4th Industrial Revolution”.
Read the full article in the May issue of DPA
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