Internet of Industrial Things: The Vision and the Reality

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.

  • Executive Summary
    • Key Findings
  • Internet of Industrial Things-A Research Perspective
    • Internet of Industrial Things-The Four Functional Facets
    • Frost & Sullivan's Value Proposition in IoIT
  • Research Scope and Objective
  • Demystifying IoIT-An Introduction
    • Connecting the Disconnected-The Internet of Industrial Things
    • Market Outlook and Key Trends Driving IoIT
    • Constituents of a Smart Factory
  • 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
  • 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
  • Riding the Next-Generation Technology Wave
    • Additive Manufacturing
    • Opportunity Mapping for Additive Manufacturing
    • Robotics Use in the Industry
    • Unmanned Aerial Vehicles or Drones
  • 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
  • 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
  • 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
  • Final Word-Top Recommendations
    • Servitisation-Integration of Services and Product Offerings
    • It's Time to go Mobile!

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook