What is Industrial Internet?
Industrial Internet has been described as the next industrial revolution, a significant re-shaper of markets and a global impetus for growth. For the world economy the Industrial Internet presents a 30 trillion euro opportunity!
Industrial Internet denotes the next significant transformation of industry and its products enabled by data generated from ubiquitous sensors, wireless and wired networking, cloud technologies and data analysis. Industrial Internet will manifest itself as smart and connected products enabling continuous 24/7 link between the manufacturer, service providers and the users of the products. This will create added value to the customer while providing dramatic opportunities for the manufacturer to improve performance, lower operating costs, and increase reliability.