A marriage of machines, data and humans – the industrial internet explained

  • Technical innovations of the industrial internet could find direct application in sectors accounting for more than US$32.3 trillion in economic activity
  • The number of global IoT devices is expected to reach 7 billion this year and grow to 22 billion by 2025

An employee adjusts a titanium alloy aircraft engine fan disc before inspection at the Rolls-Royce North America factory. Using the industrial internet, an aeroplane engine component could send an alert to the technician when it requires maintenance. Photo: Bloomberg

Shoppers grab grocery items from store shelves and the charges are automatically debited to their payment accounts as they walk out. An aeroplane engine component sends an alert to the technician when it requires maintenance. Machines on production lines provide real-time data to identify unused capacity in the factory.

These applications of technology are all made possible with the industrial internet, a connected network of machines, data and humans. Here’s what you need to know about it.

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