Category Archives: Connected Industry

GE Predix or Siemens MindSphere? Understanding the Economics of the Smart Factory

What do all revolutions have in common?  They typically result in massive transfers of wealth and the creation of a new elite. The disruptive change that industry analysts are forecasting will have profound consequences for manufacturing, the global economy and even the environment.  Viewed as a zero-sum-game, will today’s factory owners be the beneficiaries of…
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An executive guide to a SAAS Channel Partner Ecosystem for Industrial Automation

The intention of this post is to guide the SAAS executive or investor regarding the implementation of a partner ecosystem, its evolution and its role in the SAAS go-to-market. An effective go-to-market is heavily dependent on target market size, monthly/yearly average price, the complexity and customizability of the SAAS service, and the overall size of the…
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It’s Not Too Late to Build Your Own Industrial Internet Platform

Thanks to Exosite Exchange, an IoT Marketplace for Digital Ecosystems that Optimizes and Accelerates Connected-Product Development companies can reduce connected-product development costs, decrease time-to-market, and enhance product quality. Not every industrial company needs to build a digital platform for their industry, but doing so can generate enormous value for your customers and your own organization.…
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A new BPI Report: only 1.5 % of large companies have a clear vision for IIoT

Many companies are unprepared for the Industrial Internet of Things (IIoT), according to a new study just released by the Business Performance Innovation (BPI) Network. The study also suggests that large-scale integrators and other channel partners will be among the biggest IIoT beneficiaries over the next several years. They will likely play a significant role…
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Bosch: an example when Industry 4.0 makes a difference

Industry 4.0, or the “Fourth Industrial Revolution”, is widely being heralded as the key for manufacturers to unlock cost reductions and galvanize new efficiencies. Bosch’s factory in Homburg in southern Germany achieved a 10 percent output increase and 30 percent stock reduction within a year through the deployment of Industry 4.0. The plant, which manufactures…
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An Industrial Apps provider – in Top 20 fastest growing IoT companies

RtTech Software has been named one of "The 20 Fastest Growing IoT Companies" by Insights Success Magazine. The recent publication features 20 companies working in the Internet of Things space that are making waves with the new technology within the growing industry. As the innovations of the Industrial IoT continue to develop, it is expected that the number…
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A Next Generation Security Architecture for IoT and Blockchain Infrastructure

Cyber defense automation is imperative given bad actors, and rogue nations continually use more sophisticated techniques to disrupt and steal vital information from government agencies and companies. Automation is necessary to manage the staggering number of devices and endpoints. Analytics must be integrated with direct policy feedback without requiring human intervention or approval for all…
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GE invests $2 million in a new program for industrial IoT startups

Alchemist Accelerator has raised $2 million from GE Digital to start a new program for industrial IoT startups. Stanford lecturer Timothy Chou, formerly President of Oracle On Demand, will chair Alchemist’s new IIoT accelerator along with GE Digital’s West Coast group. In the past, enterprise hardware and software startups were seen as capital intensive, with…
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SCADA for Remote Utilities Monitoring: 4 Layers to Grasp

The term supervisory control and data acquisition systems – also known as SCADA – is quite a mouthful. In reality SCADA is a well-established, if not complex, means for monitoring utilities (among other production and critical infrastructure applications) remotely. SCADA systems collect the data and automate it across the utility’s applications. By definition, SCADA systems…
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IoT Decision Framework: Factors & Challenges

Internet of Things(IoT) – A new revolution that is going to be the core backbone of business in the years to come. Industry is getting ready to adopt this massive change that is likely to hit it sooner than later. As per a recent survey[1]  96% of the senior business leaders have plan to use…
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