The Industrial Internet of Things got off to a roaring start in the first week of 2014 when Cisco Systems chairman and CEO John Chambers pronounced that the Internet of Things would have a total impact of $19 trillion by 2017. Yes, that’s trillion with a T.
Chambers’s stunning keynote address at CES was followed by a number of announcements over the past few months that underscore the notion that 2014 will be the breakout year for IIoT. Last year it was just a buzzword; now it’s looking to be an industry with its own tradeshows, conferences, and, who knows, maybe its own websites and magazines.
Here are the top 10 IIoT developments since Chambers’s CES keynote. Click on the image below to start the slideshow.
January 7, 2014: John Chambers predicts massive financial impact of IoT
At a keynote address at the Consumer Electronics Show, Chambers, chairman and CEO of Cisco Systems, said the value of the evolving Internet of Things -- or Internet of Everything, as Cisco calls it -- will reach $19 trillion by 2017. He said 2014 will be the IoT’s breakout year. (Source: Cisco Systems)
interesting slides. O'Reilly Media is putting a lot of editorial resources in understanding the impact of IoTH(Internet of Things and Humans) in society via reports and their SolidCon conference. The IIoT is on their radar in terms of the technologies that will impact the connected and programmable world of the future. The SolidCon conference started yesterday and will be concluding today at approximately 6:00pm PDT. A live video feed of the conference is being provided by O'Relly Media with past discussions posted on the website links shown below.
According to a study by the National Institute of Standards and Technology, one of the factors in the collapse of the original World Trade Center towers on Sept. 11, 2001, was the reduction in the yield strength of the steel reinforcement as a result of the high temperatures of the fire and the loss of thermal insulation.
Robots are getting more agile and automation systems are becoming more complex. Yet the most impressive development in robotics and automation is increased intelligence. Machines in automation are increasingly able to analyze huge amounts of data. They are often able to see, speak, even imitate patterns of human thinking. Researchers at European Automation
call this deep learning.
The promise of the Internet of Things (IoT) is that devices, gadgets, and appliances we use every day will be able to communicate with one another. This potential is not limited to household items or smartphones, but also things we find in our yard and garden, as evidenced by a recent challenge from the element14 design community.
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