Industrial Internet Consortium
The Industrial Internet Consortium Publishes Virtual Edition of Journal of Innovation
Practical guidance on digital transformation offered by technology experts
NEEDHAM, MA – JUNE 23, 2020 – The Industrial Internet Consortium® (IIC™) today published the June 2020 virtual edition of the Journal of Innovation (JoI). This edition includes a series of webinars that offer organizations practical guidance on digital transformation, based on concrete examples.
“Digital transformation can help organizations redefine business processes, models and organizational culture, creating new opportunities and generating new sources of revenue,” said Mark Crawford, Director, Standards Strategy, SAP, and IIC Thought Leadership Task Group Co-Chair. “We’re excited about the virtual edition of the JoI, which examines the many aspects of digital transformation and offers insights based on real customer examples.”
The June virtual edition of the JoI consists of expert guidance contributed by industry leaders from IIC member organizations.
Transforma Insights’ Jim Morrish and Matt Hatton present a detailed analysis of IoT projects, including assessments of business benefits and key drivers of complexity. They discuss how IoT technologies can be deployed alongside other digital transformation technologies, such as such as AI, Distributed Ledger and Edge Computing. They talk about the IIC Project Explorer tool, which helps organizations analyze the complexity of projects and links to IIC assets that support successful project execution.
Michael Thomas of SAS expands on the concept of intelligent realities. IoT technologies, such as digitized tools and machinery, have only recently been part of workers’ realities. When those digital streams are properly analyzed with streaming analytics and artificial intelligence and rendered with augmented reality (AR), workers’ realities can be digitally transformed into intelligent realities.
Risto Lehtinen and Antti Karjaluoto of DIMECC present a new learning concept – Business Model Academy. This learning solution focuses on educating participants about new digital business models and is being implemented with the University of Tampere in Finland.
CONTACT Software’s Kilian Bächle and Rose Wang explain how MIXACO Maschinenbau, a German manufacturer of industrial mixing machines, successfully implemented IoT technology within its assets and how IoT helped improve its business. The webinar includes a description of the implemented solution and the benefits for MIXACO and its customers.
RTI’s Rajive Joshi examines the evolution of automotive connectivity standards based on the connectivity stack model identified in the IIC Industrial Internet Connectivity Framework (IICF). Rajive classifies current and emerging automotive connectivity standards at the appropriate level and analyzes the implications for software integration and component interoperability. He also reviews connectivity standards for software integration and autonomy and explores their impact on connected vehicles’ system software.
The Journal of Innovation highlights the innovative ideas, approaches, products and services emerging within the industrial internet in areas such as digital twin, data, IoT and digital transformation, AI, smart cities, smart factory and edge computing. To watch a Journal of Innovation webinar, click on the associated hyperlink, register and watch on-demand. Past Journal of Innovation editions can be viewed and downloaded online.
About Industrial Internet Consortium
The Industrial Internet Consortium is the world’s leading membership program transforming business and society by accelerating the Industrial Internet of Things (IIoT). The IIC delivers a trustworthy IIoT in which the world’s systems and devices are securely connected and controlled to deliver transformational outcomes. The Industrial Internet Consortium is a program of the Object Management Group (OMG). For more information visit www.iiconsortium.org.
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