Is it the IIoT and the IoT — Or Just the IoT?

helloThe most interesting IIoT-related item that I saw today comes from a story at Tech.eu. It’s a profile of Marcus Weldon, the CTO of Alcatel-Lucent. Fortune’s Stacey Higginbotham picked out the important comment, from an IIoT point of view. So this passage is both from the original piece — which was written by Robin Wauters — and from Higginbotham’s:

Interestingly, while Weldon says IoT will become the lifeblood of the new enterprise, he believes the consumer IoT is largely overblown. His exact words: “IoT is about enterprise, not about consumer.”

Calling devices like FitBit and the Apple Watch “cute” and “curiosities” but “not transformative”, Weldon said he personally “doesn’t really believe in consumer IoT in the same way others do” and that he believes the impact of IoT technology on enterprises will be far greater.

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Job One: Updating Existing Infrastructure

Day 2 @Ford #FordGreen #tech event @ #NAIAS

The Industrial Internet of Things is a big thing. That’s an awkward sentence, but a very true statement. Big changes, however, come with a built-in challenge: They generally aim to replace or change a technology or procedure that is firmly established.

This certainly is true of the IIoT. Kleiner Perkins Caufield & Byers’ David Mount writes at the company blog that the “existing capital stock” – industrial stuff that’s been deployed, in other words – in the U.S. is worth about $6.8 trillion.

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