Internet of Industrial Things: The Vision and the Reality
The future development of Internet of Industrial Things (IoIT) requires synergetic efforts from all 3 stakeholders (vendors, policy makers, and end users) to boost reliability and deliver massive societal benefits.
Such collaborative efforts could result in wider awareness among end users about the immense potential of IoIT and ultimately lead to higher demand for new services.
IoIT requires the analytical talent of data scientists. However, most research participants agree that the current education is not up to this challenge.
About this report
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.
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