The software industry’s move towards pay-as-you-go and subscription licensing is fueled by the success of Microsoft, Adobe, Salesforce and others who have revamped their business models to take advantage of the flexibility of cloud-based services and give their customers usage-based options. That trend will no doubt continue as ISVs scramble to retool their packaging and delivery models to take care of their customer preferences while keeping sight on the monetization of their software offerings.... Read more →
06/27/2018
I2M2 – the Future of Industrial System Monetization?
Posted at 7:56 am in Uncategorized, | Permalink
Tags: INDUSTRIAL INTERNET CONSORTIUM TRUSTWORTHINESS INDUSTRIAL SYSTEM MONETIZATION SECURITY FRAMEWORK,
06/18/2018
How Prosumers are driving Big Data Innovation at Utilities
Prosumers in the utility sector, who both produce and consume electricity, are increasingly influencing how utilities are interacting with rate payers. These clients utilize distributed renewable energy resources to produce energy, both for themselves and for the grid, and actively monitor and manage their own energy use. This poses a bi-directional flow of energy challenge, as the energy sector’s traditional supply-and-demand management approaches are forced into new territories.... Read more →
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Tags: BIG DATA ANALYTICS, PROSUMER, SMART METERS, SOLAR ENERGY, UTILITIES,
04/17/2018
Powering Business Decisions with Bitemporal Data
We’re in the middle of another industrial revolution. We’re seeing the digitalization of business processes and operations, and transformation in how goods and services are designed, produced, and delivered. As part of this transformation, organizations are moving to self-healing systems where automation is used to reconfigure networks, systems, and processes improving availability, reliability and quality of their services and products. This article explores the exponential growth of data from sensors and connected devices, and how organizations can manage the increasing pace of change.... Read more →
Posted at 8:04 am in Uncategorized, | Permalink
Tags: ANALYTICS, DATA ANALYTICS, ENERGY & UTILITIES, IOT, OPERATIONAL INTELLIGENCE, STREAMING ANALYTICS,
04/11/2018
Securing the Internet of Things: Devices & Networks
With data from billions of connected devices and trillions of sensors, supply chain and device manufacturing operators are taking advantage of new benefits. Think improved efficiency and greater flexibility among potential business models. But as the IoT assumes a bigger role across industries, security needs to take top priority. Here’s a look at four key challenges that must be taken care of before realizing the rewards of increased connectivity.... Read more →
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Tags: IOT IOTRUST INDUSTRIAL DEVICES NETWORKS MANUFACTURING DATA,
03/12/2018
IIoT Innovation and our Search for a Better Way
By Christopher Arthmann, New Business Creation Lead, NEC’s Innovation Division Have we really changed that much? If you look at the basics, maybe not. We still eat, we still sleep, we still want to get from one place from another, we all want shelter and clothing; we want to be... Read more →
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03/01/2018
IIoT Monetization Concepts
Businesses are starting to look at new monetization opportunities beyond first-generation, IIoT applications. For the industrial sector, the IIC hosted a brainstorming discussion on this topic during the Q4-2017 IIC Member meeting in Burlingame, CA.Here are a few ideas stemming from our corporate experience in supporting multi-user, multi-application IIoT systems.... Read more →
Posted at 8:16 am in Uncategorized, | Permalink
01/28/2018
Powering Clinical Trials with IoT
Although technology has been largely viewed as a cost driver by the pharmaceutical industry, IoT is being widely implemented to turn this scenario around. Particularly, digital solutions, as well as increasing access to smartphones and social media can play a vital role in pairing patients with the right study at the right time.... Read more →
Posted at 8:16 am in Uncategorized, | Permalink
Tags: IIOT, INDUSTRIAL INTERNET, IOT, LIFE SCIENCES,
01/16/2018
The Human Attack Surface: The Weakest Link in Your ICS Security
Like many specialized disciplines, the world of cyber security is filled with technical jargon that can hamper communication. In this blog, we’ll demystify some cyber security best practices and terms, as we focus on an often-overlooked factor in ICS and corporate security known as the “attack surface.” We’ll take an in-depth look at what attack surfaces are, how to keep them safe and how the human element plays a critical role in their security.... Read more →
Posted at 8:16 am in Uncategorized, | Permalink
12/18/2017
MES 4.0 – A Smart Manufacturing Execution System
Manufacturing Execution System (MES) is a system to execute, monitor, track and report operations on the plant floor in real time. Industry 4.0 is billed to lead the digitization of manufacturing and production processes.The analysis in this blog is focused on a plant floor of an automotive industry. ISA 95 activity model has been utilized as baseline for this study and as per ISA-95 activity model MES has been classified into four functions; Production, Quality, Inventory and Maintenance.... Read more →
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11/28/2017
Swarming towards the Industrial Internet of Things
Technology, in its many forms, including small fast inexpensive processors, dynamic wireless communications, sensors for anything and everything, robust cloud systems, and dynamic edge computing is enabling an unprecedented level of connected (IoT) product development.You just have to look around to see the pace picking up. The IIC and EdgeX Foundry have established a liaison agreement help leverage individual successes and to amplify impact and drive exponential growth of the Internet of Things.... Read more →
Posted at 8:23 am in Uncategorized, | Permalink