Machines of the future will be able to communicate and coordinate with each other in entirely new ways – providing the insights to make better decisions.
Connected machines will be able to optimize efficiencies, reduce costs and bring products and services to markets faster.
Called the “Industrial Internet,” this new way of doing business is revolutionizing how decisions will be made and will generate value.
Organizations are already eager to embrace Big Data analytics to advance their Industrial Internet strategy, according to a new report from Accenture and GE.
The Industrial Internet Insights Report for 2015 looks at the role that Big Data analytics plays in creating innovative solutions for the Industrial Internet.
It reveals that the Industrial Internet has the potential to drive enormous savings in addition to new services and overall growth.
The Industrial Internet embodies three key elements:
- Intelligent machines: Connecting the world’s machines, facilities, fleets and networks with advanced sensors, controls and software applications.
- Advanced Analytics: Combining the power of physics based analytics, predictive algorithms, automation and deep domain expertise.
- People at work: Connecting people at work or on the move, any time to support more intelligent design, operations, maintenance and higher service quality and safety.
By 2020 there will be 50 billion things connected to the Internet, and Big Data analytics is the primary way to derive value from all the data coming in from machines and devices.
With the Industrial Internet, it is possible to move beyond data collection into more complex capabilities, like predicting and optimizing your machines and operations.
But, what does the Industrial Internet mean in the real world, for example, in the end-to-end development, delivery and performance of a wind turbine?
The following video answers that question.
