Seven lessons for Industrial IoT and data teams: How to forge a path to success

In the Industrial IoT world, we often hear comments like “Let’s make our existing machine or tool connected, and later we will find the way to create value or monetise it”, or “we need more and more data so we can solve business problems”. Is this approach enough? Is it a good idea to start the thinking process from connecting the products and collecting huge amounts of data?

In the Industrial IoT space, data and IoT teams face challenges which have many similarities. This...

By Dimitrios Spiliopoulos, 17 April 2018, 0 comments. Categories: Data & Analytics, Enterprise, IIoT.

Maciej Kranz: On helping enable the IoT generation, improved security and getting ROI right

At the end of 2016, when Maciej Kranz, vice president at Cisco, released Building the Internet of Things, a personal ambition had been achieved. Not so much to become a bestselling author – although the book made it onto the New York Times list – but to impart more than a decade’s worth of experience and help organisations get going on their IoT journey.

Speaking to Kranz at the time – when he was interviewed as the cover star of the...

By James Bourne, 06 April 2018, 1 comment. Categories: Enterprise, IIoT, IoT, Security.

Intel sells Wind River to TPG putting end to near decade of ownership

Intel is to sell Wind River, provider of Industrial IoT (IIoT) and embedded software, to global alternative asset firm TPG.

The independent firm will continue to be led by Wind River president Jim Douglas alongside his existing executive management team, with Douglas saying the move will establish Wind River ‘as a leading independent software provider uniquely positioned to advance digital transformation within critical infrastructure segments.’

Intel had paid $884 million for Wind River

By James Bourne, 04 April 2018, 0 comments. Categories: Enterprise, IIoT, IoT.

Why for manufacturers the customer must be at the centre of the digital strategy

It’s easy to get obsessed with technology – it is the key enabler of today’s revolution – but the harder part of the transformation is cultural.

It’s about putting the customer experience and their business outcomes at the centre of everything. That means realigning engineering, manufacturing and the supply chain around delivering a world-class sales and service experience. It means new thinking about optimising customer satisfaction and loyalty metrics such as Customer...

By Colin Masson, 28 March 2018, 0 comments. Categories: IIoT, IoT, Manufacturing, Smart Cities.

FogHorn Systems follows up Google IIoT collaboration with Wind River partnership

A new collaboration between FogHorn Systems and Intel-owned Wind River will see the integration of FogHorn’s Lightning edge analytics and ML platform with Wind River’s software products to advance IIoT.

As part of the collaboration, announced a week after a partnership with Google, both parties have agreed to combine the FogHorn platform with Wind River software including Wind River Helix Device...

By IoT News, 27 March 2018, 0 comments. Categories: Enterprise, IIoT, IoT.

FogHorn Systems and Google Cloud team up to offer IIoT solution

FogHorn Systems and Google Cloud have come together to expand business impact of Industrial IoT (IIoT) applications by combining the capabilities of Cloud IoT Core and FogHorn’s Lightning edge intelligence and ML platform.

This integration leads to the creation of a model foundation for optimising distributed assets and processes in several industries including manufacturing, O&G, mining, connected cars, smart building and smart cities. The partnership also aims to ease the deployment of IIoT...

By IoT News, 22 March 2018, 0 comments. Categories: Enterprise, IIoT, IoT.

Five key IIoT predictions for 2018: Collaboration, customer success, edge computing, and more

The global industrial IoT market is set to reach $933 billion by 2025, according to Grand View Research. Here, Sastry Malladi, CTO of FogHorn Systems, outlines what he think will happen in the space in 2018.

Momentum for edge analytics and edge intelligence in the IIoT will accelerate in 2018

Almost every notable hardware vendor has a ruggedized line of products promoting edge processing. This indicates that the market is prime for Industrial IoT (IIoT) adoption. With technology giants announcing software...

By Sastry Malladi, 15 December 2017, 0 comments. Categories: Enterprise, IIoT, IoT, Oil & Gas.

Alchemy IoT launches with $4 million seed funding to ease IIoT via the use of AI

Alchemy IoT has launched with $4 million seed funding from Aweida Venture Partners to help make the Industrial Internet of Things (IIoT) easier via the use of AI.

Clarity, Alchemy IoT’s cloud-based application, is said to provide small- to mid-sized industrial customers with better returns on industrial assets by analysing asset performance through unsupervised machine learning and adopting proactive measures to boost productivity of industrial fleets and machinery.

The cellphone-enabled application...

By IoT News, 14 December 2017, 0 comments. Categories: Enterprise, IIoT, IoT.

IIoT revenue to cross $1 trillion by 2027, projects Navigant Research

A new Navigant Research report has projected that the combined cumulative revenue for Industrial Internet of Things (IIoT) devices, software and services throughout the world will cross the $1 trillion mark by 2027.

The trend will be driven by an increasing number of enterprises as they start realising the benefits of IIoT leading to lower costs and increased equipment maintenance, the research firm added.

The report, titled “Industrial Internet of Things”, analysed the overall emerging IIoT...

By IoT News, 16 November 2017, 0 comments. Categories: Enterprise, IIoT, IoT.

Augury Halo helps predict mechanical failures with the IIoT

Industrial Internet of Things (IIoT) technology firm Augury has introduced a cloud-based diagnostics platform that foretells equipment failures beforehand by keeping a close eye on mechanical equipment.

Augury Halo can predict equipment failures by using sensing technologies such as vibrations and ultrasound. It also provides comprehensive, actionable recommendations for maintaining machine health. In addition, the platform issues reports about the developing problems and suggests maintenance practices....

By IoT News, 13 November 2017, 0 comments. Categories: Enterprise, IIoT, IoT.