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The Future of Industrial IoT Stephen Mellor Chief Technical Officer Industrial Internet Consor9um

The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

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Page 1: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

TheFutureofIndustrialIoT

Stephen Mellor Chief Technical Officer Industrial Internet Consor9um

Page 2: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

Industrial vs. Consumer Internet of Things

SimilarTechnologyDrivers•  Smallinexpensive

sensors&actuators

•  Lowcostprocessingpoweranddatastorage

•  Smartdevices

•  Connec8vity

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DifferentBusinessDrivers•  Consumer

•  AdequateQuality•  ModestSecurity•  CostSensi8ve

•  Industry•  QoS•  RobustSecurity•  ROISensi8ve

•  Efficiency•  NewProducts•  NewMarkets

Page 3: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

How? Takenfrom“IndustrialInternetofThings:UnleashingthePoten8alofConnectedProductsandServices”bytheWorldEconomicForum,withAccenture

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1.  Opera8onalEfficiency

2.NewProductsandServices

3.OutcomeEconomy

4.Autonomous,pulleconomyOperational efficiency is about making

specific operations more efficient: •  Asset utilization •  Operation cost reduction •  Worker productivity

The industrial internet enables new products and services:

•  Pay per use •  Software-based services •  Data monetization

The outcome economy is a marked shift in the structure of the economy from selling assets to selling outcomes:

•  Pay per outcome •  New connected ecosystems •  Platform-enabled marketplace

The autonomous, pull economy focuses on integration: •  Continuous demand-sensing •  End-to-end automation •  Resource optimization and waste reduction

Page 4: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

Roadblocks to growth

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Industries

Big Data

Security

Academics

Government

Technology

Standards

Manufacturing

The Industrial Internet: A $32 trillion opportunity

Page 5: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

What’s Needed

•  Standards•  Top-downrequirementsfortheIIoTspace

•  BoXom-upexperience

•  Interoperability•  Alignmentoflanguageandconcepts•  Tes8ngofalignment

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©hXps://xkcd.com/927/

Page 6: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

The Industrial Internet Consor9um

TheIICbringstogethertheorganiza8onsnecessarytoaccelerategrowthoftheIndustrialInternetbyiden8fying,assemblingandpromo8ngbestprac8cesandtechnologies.

“ToaccelerategrowthoftheIndustrialInternetbycoordina8ngecosystemini8a8vestoconnectandintegrateobjectswithpeople,processesanddatausingcommonarchitectures,interoperabilityandopenstandardsthatleadtotransforma8onalbusinessoutcomes.”

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Page 7: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

The IIC and standards organiza9ons

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TheIICisnotastandardsorganiza8on.TheIICwill:•  establishareferencearchitecture•  evaluateexis8ngstandardsagainstit•  iden8fyrequirements,and•  proposetheserequirementstostandardsorganiza8ons

TheIICevaluatesandorganizesexis8ngstandardsto:

•  advocateforopenstandardtechnologies,

•  influenceglobalstandardsdevelopment

Page 8: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

Industrial Internet Interoperability Coali9on (I3C)

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Page 9: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

Testbeds & Projects

Business Model, Project Mgmt, Prac9ces

Project Specifica9ons & Reports

Architecture &Design

Testbeds and Projects

•  Atestbedisacontrolledexperimenta3onpla4orm,~conformingtoanIICreferencearchitecture,wheresolu8onscanbedeployedandtestedinanenvironmentthatresemblesreal-worldcondi3ons.

•  Testbedsexploreuntestedtechnologiesorexis8ngtechnologiesworkingtogetherinanuntestedmanner.

•  Testbedscangeneraterequirementsandpriori8esforstandardsorganiza3ons.

•  Testbeds’ul8matepurposeistoculminateininnova8veproducts,servicesandmethodologies.

Page 10: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

Markets

ENERGY

HEALTHCARE

MANUFACTURING

PUBLIC DOMAIN

TRANSPORTATION

IIC

Cross-domain & Interoperability

in IIoT

Detailed model for next-gen Manufacturing

Value chain I4.0

Page 11: The Future of Industrial IoT by Stephen Mellor, CTO Industrial Internet Consortium

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[email protected]@iiconsor8um.org+1-781-4440404x137Things are coming together

Thank you