News and Views for the Week of July 13, 2015

Here is what is happening in the world of the Industrial Internet of Things:

July 17: 

Open TextOpenText, a global leader in Enterprise Information Management (EIM), today announced that iTAC Software AG has implemented OpenText to provide enhanced data visualization capabilities to its manufacturing software solutions. Using OpenText Actuate Information Hub (iHub), iTAC has the business intelligence (BI), operational and analytical capabilities needed to support customer demands for greater intelligence, quality control and traceability throughout the entire manufacturing process. Read More…

 

ComputerworldIndustrial IoT Testbed Hooks Equipment Monitoring up to a Public Cloud: IBM and National Instruments have built a testbed to find out how sensors in industrial gear, and analytics software in the cloud, can prevent failures in places like power plants. It’s part of a broader effort by the Industrial Internet Consortium (IIC) to bring together various technologies in industrial IoT so companies can feel confident in adopting it. Read More…

 

IoT, IIoT, M2M: Big Technologies with Fuzzy Definitions: There is no question that all of the technologies under this broad umbrella—the IoT, the IIoT, M2M, cellular M2M and others—are growing. It’s also clear that there is a tremendous amount of overlap among them and that precise definitions are fuzzy. For this reason, quantifying the growth is impossible. Read More…

 

The Internet of Things and the Enterprise Opportunity: Gartner recently completed a survey of business and IT executives that noted manufacturing and retail are two sectors with particularly high expectations of the IoT. Utilities, industrial sectors, connected cars, healthcare and consumers are other verticals at the forefront of IoT investment. We see that leveraging IoT in vertical industries will definitely revolutionize the traditional way of doing things. These changes will lead to major opportunities for providers too. Read More…

Overwhelmed by the IIoT? People are still trying to grasp what to do with all of this connectivity and information. But if you can start with, for instance, that people are ordering products online and they need them within a day instead of two days, then you can kind of map the business processes that you need and what organizations need to connect, what organizations need the information and what time they need the information, and how do they access they information. Read More…

July 16: 

Novatel Wireless, Inc. (Nasdaq:MIFI), a leading provider of wireless solutions for the Internet of Things (IoT), today announced the launch of the new MiFi U620L 4G LTE Global USB for Verizon Wireless (NASDAQ:VZ)– based on the proven MiFi 6600 family award-winning mobile hotspots, this new USB modem takes advantage of Verizon’s latest LTE Advanced Network capabilities. The U620L has been designed to support the most demanding IoT bandwidth requirements as well as offer basic 4G LTE connectivity in versatile USB stick providing “future proof” connectivity for all applications and use cases. Read More…

 

Xilinx, Inc.  announced today that it has joined the Industrial Internet Consortium (IIC) to collaborate and drive common architectures and frameworks within the Industrial IoT (IIoT).  Xilinx’s All Programmable, standards-based solutions combine software programmability, real-time processing, hardware optimization, and any-to-any connectivity with security and safety required by IIoT systems.  The Industrial Internet Consortium was founded in 2014 by AT&T, Cisco, General Electric, IBM, and Intel to catalyze and coordinate the priorities and enabling technologies of the Industrial Internet. Read More…

 

GE.comGE Global Research Center conference sees future of Industrial Internet: General Electric predicts the Industrial Internet, as this exponentially growing network is called, can add as much as $15 trillion to global output over the next two decades. Read More…

July 15:

visiongainIndustrial Internet Market Report 2015-2025 The Future for Machine to Machine (M2M), Smart Connected Devices, Big Data Analytics & Internet of Things (IoT): The Industrial Internet market is set for accelerated growth in 2015 as more businesses realize its potential uses and the positive impact it can have upon various industry verticals. The Industrial Internet market has already gained momentum with increasing adoption, offering a wide variety of uses and portfolio of applications, which is expanding sizeably. The main attraction offered by the Industrial Internet is its potential to change strategy and a plethora of a new products and service possibilities benefitting the whole industrial ecosystem. Read More…

 

AllSeen Alliance Deepens IT Infrastructure and Cloud Computing Expertise for IoT: The AllSeen Alliance, a cross-industry collaboration to advance the Internet of Everything through an open source software project, today announced 13 new members have joined the initiative including industry giants IBM and Pivotal. Read More…

 

GE.comGE Adapts Plane, Train Technology to Expand in $12 Billion Marine Market: General Electric wants to do for big tanker ships and offshore rigs what it’s demonstrated it can do for wind farms and airplanes.

Its recently created GE Marine business is making an aggressive push into the “Industrial Internet,” a cloud-based service that uses GE’s Predix software platform to maximize machine performance with input from equipment sensors, potentially generating billions in cost savings across a broad swath of industries. Read More…

 

CirculateDigital Wind Farms Set to Make Wind Power 20% More Efficient: Electricity demands are predicted to rise by 50% over the next 20 years presenting a significant challenge, particularly considering the price volatility and finiteness of fossil fuel energy sources. However, advances are being made towards more resilient energy systems that can power a prosperous economy in the long-term. One concept currently being developed uses big data, software and the industrial internet (a digital network, which connects, collects and analyses machine data) is called Digital Wind Farms. The new internet-connected design could boost a wind farm’s energy production by as much as 20% creating over $100 million in extra value over the lifetime of a 100-megawatt farm. Read More…

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Number of Cellular Connected IoT/M2M Devices Will Increase Fourfold From 2014 to 2019: 451 Research, an information technology research and advisory company, has determined that cellular Internet of Things (IoT) and machine to machine (M2M) connections will increase nearly fourfold globally from 252 million in 2014 to 908 million in 2019. A monumental increase in active cellular IoT/M2M connections will be driven by a number of key factors. Read More…

July 14: 

ABI ResearchIndustrial Internet of Things Benefits to Triple the Number of Connected Industrial Control Devices from 2014 to 2020, Says ABI Research: According to ABI Research the increasing adoption of IoT within industrial settings will result in a substantial growth of the number of connected industrial devices, in particular industrial control devices like PLCs. The research firm estimates that over the period from 2014 to 2020, the number of connected industrial controllers will triple; growing at an average rate of 20%. Read More…

GE and Pitney Bowes Join Forces to Bring the Power of the Industrial Internet to the World of Commerce: GE (NYSE:GE) and Pitney Bowes (NYSE:PBI) today announced an alliance to develop customized asset performance management (APM) applications for Pitney Bowes and its Enterprise Business Solutions customers. All of the services will be built on and powered by Predix, GE’s software platform for the Industrial Internet. This will enable Pitney Bowes to analyze data generated from its own production mailing and shipping machines and those of its clients to provide client and productivity services, and job scheduling capabilities that improve business outcomes. Read More…

July 13: 

The New Indian ExpressThe first industrial revolution (IR) happened when we moved from farms to factories in the mid 18th century to early 19th century. The second IR took place when we started using steel and produced goods en masse from the 1850s to World War 1. The third such revolution was ushered in when we moved from analogue, mechanical and electronic technology to digital.

 

The fourth IR is the move towards digitisation; it is also referred to as Industry 4.0, a term that refers to a collection of concepts like Internet of Things, Internet of Services and cyber physical systems where sensors have the capability to collect data that can be later used by manufacturers and producers and big data analytics. Read More…

 

Seeking AlphaEric Singer’s Vertex Capital Advisors has been one of the most active activist investors over the last couple months. One of his more recent targets is Numerex (NASDAQ:NMRX), a $160 million market cap machine-to-machine solutions provider, where he’s been active since revealing a 5.6% stake in mid-June. Singer and Vertex are criticizing NMRX over its strategy and management disclosures. Vertex also is calling for the company to look into strategic opportunities. Read More…

 

 

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