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‘Industrial Internet’ heralds momentum for industrial transformation
Source:China Daily    Writer:admin    Released on:2015-10-14    

The Industrial Internet, a new technology domain emerged in the United States that connects all the machines and devices in the world, will create enormous amount of growth and productivity in the new era.

“We believe that the concept of ‘industrial internet’ will unleash the next industrial revolution and create industrial value of trillions US dollars,” said Joseph J. Salvo, the director of Industrial Internet Consortium (IIC). Salvo, who is also the manager of one of GE’s complex system engineering laboratories added that “the value will be delivered across the world, generating productivity savings as well as growth in products and services.”

Joseph J. Salvo, the director of Industrial Internet Consortium (IIC)

 

Initiated by five multinational corporations such as GE, CISCO and Intel in 2014, the IIC is developing rapidly. The five founder companies formed the IIC in March, 2014 to bring together the organizations and technologies necessary to accelerate the growth of the Industrial Internet by identifying, assembling and promoting best practices.

The network expanded rapidly since the first day of its establishment and has gathered over 210 membership organizations, along with over 2,000 individual contributors from 26 countries, said Salvo.

Comparing it to Germany’s ‘Industrial 4.0’ concept, Salvo said the network is a global platform and has a broader vision and strategy.

“The Industry 4.0 initiative is government-sponsored and mainly focuses on design standards in [the] manufacturing sector, in which Germany has gained a long term reputation,” Salvo said.

According to Salvo, there is no conflict between industrial internet and Industry 4.0 and the systems could seek avenues of collaboration.

China is embracing the “Made in China 2025” and “Internet Plus” strategies to upgrade its traditional industries; the former is the equivalent to the Germany “Industry 4.0,” according to some experts.

As an open and interoperable platform, the industrial internet will allow free flow of data, information and knowledge. It will also promote innovation in sectors such as manufacturing, healthcare, agriculture and transportation, lending strong support to China’s industrial transformation, according to Salvo.

The IIC is seeking national participation from countries around the world, including China, Japan, Germany and India. China’s leading companies currently include Haier, China Telecom and Huawei, all of whom have joined the network.

“They understand the value of such a network,” Salvo said.

Taking Haier as an example, the network will allow the traditional manufacturer to have better consumer insight and stay better informed about production trends in the market.

Salvo emphasized that data sharing is important on the network, though concerns have been raised as to whether companies are willing to share their data and information on the network.

He added that companies will not necessarily provide every bit of knowledge about certain products or technology.

“As a group, the consortium is trying to get people’s consensus that equipment should be interoperable and [that] data should flow freely between different types of objects. The individual company will decide what to sell on top of that network,” Salvo said.