Internet of Industrial Things: The Vision and the Reality

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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

1. Executive Summary
Key Findings
2. Internet of Industrial Things—A Research Perspective
Internet of Industrial Things—The Four Functional Facets
Frost & Sullivan’s Value Proposition in IoIT
Internet of Industrial Things: The Vision and the Reality
3. Research Scope and Objective
4. Demystifying IoIT—An Introduction
Connecting the Disconnected—The Internet of Industrial Things
Market Outlook and Key Trends Driving IoIT
Constituents of a Smart Factory
5. Factory-Related Initiatives—A Technology and Application Overview
Ethernet: The Backbone of Internet of Industrial Things
Benefits of Deploying Ethernet Technology
Wireless Industrial Automation
Discrete Application—Wireless Factory Automation
Evolution of Wireless Networks
Powering Wireless Communication
Wireless Automation Applications
Machine-to-Machine (M2M) Technology
Evolution of Mobile Applications
BYOD Opportunity Assessment
6. IoIT Deployment Model for Industrial Data
Industrial Data Revolution
Cloud Transition in Manufacturing
Cloud-Hosted Solutions for Business Needs
Cloud for Industrial Automation
Cloud Applications in Discrete Manufacturing
Analytics—From Data to Intelligence
7. Riding the Next-Generation Technology Wave
Additive Manufacturing
Opportunity Mapping for Additive Manufacturing
Robotics Use in the Industry
Unmanned Aerial Vehicles or Drones
8. Evolution of a Smart Ecosystem
Smart Products
Smart Services
Smart Supply Chains
Connected Supply Chain
Supply Chain Example—Shop Floor Transparency
Key Facets of a Connected Supply Chain
9. Changing Customer Perspectives and New Business Models
Extrapolating the Value from IoIT
Shift in Mind-set
Product as a Service
Product as a Service vs. Other Technology Impacts
Evolution of a Manufacturer’s Value Proposition
Capability Assessment
10. Economic and Social Influencers
Manufacturing—Status Quo
Demand Shifts to the East
Key Drivers for Talent Management
Snapshot of Future Workplace and Associated Digital Components
Age of Digitisation and Social Media
Intersection of Priorities
11. Final Word—Top Recommendations
Recommendation #1: Servitisation—Integration of Services and Product Offerings
Recommendation #2: It’s Time to go Mobile!
Legal Disclaimer
12. The Frost & Sullivan Story
Value Proposition: Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy

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List of Figures & Charts

1. Internet of Industrial Things: Key Findings, Global, 2014
2. Internet of Industrial Things: Research Scope and Objective, Global, 2014
3. Internet of Industrial Things: Connecting the Disconnected, Global, 2014
4. Internet of Industrial Things: Market Outlook, Global, 2022
5. Internet of Industrial Things: Constituents of a Smart Factory, Global, 2014–2022
6. Internet of Industrial Things: Ethernet, Global, 2014
7. Internet of Industrial Things: Benefits of Deploying Ethernet Technology, Global, 2014
8. Internet of Industrial Things: Wireless Industrial Automation, Global, 2014
9. Internet of Industrial Things: Wireless Factory Automation, Global, 2014
10. Internet of Industrial Things: Evolution of Wireless Networks, Global, 2014–2022
11. Internet of Industrial Things: Wireless Automation Applications, Global, 2014–2022
12. Internet of Industrial Things: Machine-to-Machine Technology, Global, 2014–2022
13. Internet of Industrial Things: Evolution of Mobile Applications, Global, 2014
14. Internet of Industrial Things: BYOD Opportunity Assessment, Global, 2014
15. Internet of Industrial Things: Industrial Data Revolution, Global, 2014
16. Internet of Industrial Things: Risk Reward Matrix, Global, 2014
17. Internet of Industrial Things: Smart Plant Analytics Engine Structure, Global, 2
18. Internet of Industrial Things: Additive Manufacturing, Global, 2014
19. Internet of Industrial Things: Smart Products, Global, 2014–2022
20. Internet of Industrial Things: Smart Services, Global, 2014–2022
21. Internet of Industrial Things: Smart Supply Chains, Global, 2014–2022
22. Internet of Industrial Things: Shop Floor Transparency, Global, 2014
23. Internet of Industrial Things: Extrapolating the Value from IoIT, Global,2014-2022
24. Internet of Industrial Things: Mind-set Shift, Global, 2014–2022
25. Internet of Industrial Things: Product as a Service, Global, 2014–2022
26. Internet of Industrial Things: PaaS vs. Other Technology Impacts, Global, 2014–2022
27. Internet of Industrial Things: Evolution of a Manufacturer’s Value Proposition, Global, 2014–2022
28. Internet of Industrial Things: Capability Assessment, Global, 2014–2022
29. Internet of Industrial Things: Manufacturing Status Quo, Global, 1990–2014
30. Internet of Industrial Things: Demand Shift to the East, Global, 2014
31. Key Drivers for Talent Management
32. Internet of Industrial Things: Snapshot of Future Workplace and Associated Digital Components, Global, 2014–2022
33. Internet of Industrial Things: Intersection of Priorities, Global, 2014
34. Total Coatings Market: Country Scope, Southeast Asia, 2014



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