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Internet of Industrial Things: The Vision and the Reality 

  • August 2015
  • -
  • Frost & Sullivan
  • -
  • 71 pages

Internet of Industrial Things: The Vision and the Reality : A Curtain Raiser to the Plethora of Opportunities in the B2B World

As part of the Internet of Industrial Things (IoIT) research portfolio offering from the Industrial Automation and Process Control practice, the aim of this study is to provide an initial assessment of the IoIT ecosystem and its core components. Highlights of the study include key technologies fuelling growth, emerging business models, economic and social market influencers, and future application capabilities.

Table Of Contents

Internet of Industrial Things: The Vision and the Reality 
Table Of Contents
1 EXECUTIVE SUMMARY

Executive Summary
1 Key Findings

2 INTERNET OF INDUSTRIAL THINGS—A RESEARCH PERSPECTIVE

Internet of Industrial Things—A Research Perspective
1 Internet of Industrial Things—The Four Functional Facets
2 Frost and Sullivan's Value Proposition in IoIT

3 RESEARCH SCOPE AND OBJECTIVE

Research Scope and Objective
1 Research Scope and Objective

4 DEMYSTIFYING IOIT—AN INTRODUCTION

Demystifying IoIT—An Introduction
1 Connecting the Disconnected—The Internet of Industrial Things
2 Market Outlook and Key Trends Driving IoIT
3 Constituents of a Smart Factory

5 FACTORY-RELATED INITIATIVES—A TECHNOLOGY AND APPLICATION OVERVIEW

Factory-Related Initiatives—A Technology and Application Overview
1 Ethernet: The Backbone of Internet of Industrial Things
2 Benefits of Deploying Ethernet Technology
3 Wireless Industrial Automation
4 Discrete Application—Wireless Factory Automation
5 Evolution of Wireless Networks
6 Powering Wireless Communication
7 Wireless Automation Applications
8 Machine-to-Machine (M2M) Technology
9 Evolution of Mobile Applications
10 BYOD Opportunity Assessment
11 BYOD Opportunity Assessment

6 IOIT DEPLOYMENT MODEL FOR INDUSTRIAL DATA

IoIT Deployment Model for Industrial Data
1 Industrial Data Revolution
2 Cloud Transition in Manufacturing
3 Cloud-Hosted Solutions for Business Needs
4 Cloud for Industrial Automation
5 Cloud Applications in Discrete Manufacturing
6 Analytics—From Data to Intelligence

7 RIDING THE NEXT-GENERATION TECHNOLOGY WAVE

Riding the Next-Generation Technology Wave
1 Additive Manufacturing
2 Opportunity Mapping for Additive Manufacturing
3 Robotics Use in the Industry
4 Unmanned Aerial Vehicles or Drones

8 EVOLUTION OF A SMART ECOSYSTEM

Evolution of a Smart Ecosystem
1 Smart Products
2 Smart Services
3 Smart Supply Chains
4 Smart Supply Chains
5 Connected Supply Chain
6 Supply Chain Example—Shop Floor Transparency
7 Key Facets of a Connected Supply Chain

9 CHANGING CUSTOMER PERSPECTIVES AND NEW BUSINESS MODELS

Changing Customer Perspectives and New Business Models
1 Extrapolating the Value from IoIT
2 Shift in Mind-set
3 Product as a Service
4 Product as a Service vs Other Technology Impacts
5 Evolution of a Manufacturer's Value Proposition
6 Capability Assessment

10 ECONOMIC AND SOCIAL INFLUENCERS

Economic and Social Influencers
1 Manufacturing—Status Quo
2 Demand Shifts to the East
3 Key Drivers for Talent Management
4 Snapshot of Future Workplace and Associated Digital Components
5 Age of Digitisation and Social Media
6 Intersection of Priorities

11 FINAL WORD—TOP RECOMMENDATIONS

Final Word—Top Recommendations
1 Recommendation #1: Servitisation—Integration of Services and Product Offerings
2 Recommendation #2: It's Time to go Mobile!
3 Legal Disclaimer

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