Press Release

Karen Quatromoni
Industrial Internet Consortium
+1-781-444-0404 x146
[email protected]

Industrial Internet Consortium Signs Memorandum of Understanding with IoT Acceleration Consortium


NEEDHAM, MA – November 3, 2016 – The Industrial Internet Consortium® (IIC™), the global, member supported organization that promotes the accelerated growth of the Industrial Internet of Things (IIoT), today announced it will collaborate with the IoT Acceleration Consortium© (ITAC) to further the development of Internet of Things (IoT) in numerous industries. The goals of the cooperation are to promote the digital economy by preventing fragmentation and to harmonize various aspects of IoT.

Joint activities will include:

  • Identifying and sharing best practices
  • Collaborating on test beds and research and development projects
  • Realizing interoperability by harmonizing architecture and other elements
  • Collaborating on standardization
  • Other activities to which both parties agree

“We were delighted to sign the Memorandum of Understanding with the IoT Acceleration Consortium,” said Dr. Richard Soley, Executive Director of the Industrial Internet Consortium. “Both consortiums share mutual goals and we look forward to working closely with ITAC on testbeds and research and development projects to advance the adoption of the industrial Internet.”

About the IoT Acceleration Consortium
The IoT Acceleration Consortium© (ITAC) aims to combine the strengths of government, industry, and academia to build a structure for developing and demonstrating technologies related to the promotion of Internet of Things (IoT). It also aims to create and facilitate new business models. ITAC promotes the development, demonstration, and standardization for IoT-related technologies and the creation of various IoT-related projects and recommendations required to run those projects. For more information, visit

About Industrial Internet Consortium
The Industrial Internet Consortium is the world’s leading organization delivering transformative business value to organizations, industry, and society by accelerating adoption of a trustworthy internet of things. The Industrial Internet Consortium is a program of the Object Management Group (OMG). For more information visit

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