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Unlocking Industrial Growth: How IoT Drives the New Industrial Revolution

Last week, I watched a compelling keynote delivered by Richard Mark Soley, Executive Director of the Industrial Internet Consortium (IIC). Soley emphasized that the concepts underpinning the Internet of Things (IoT) are not novel; rather, the current wave represents a convergence of mature technologies, evolving economics, and strategic corporate initiatives.

He highlighted that the proliferation of sensors worldwide now eclipses the global human population, marking a pivotal moment where the digital revolution directly fuels the ongoing industrial transformation. According to Soley, this alignment positions IoT at the heart of a new industrial renaissance, offering unprecedented opportunities for efficiency, innovation, and competitive advantage.

For a concise recap of his key points, watch this short video that captures the highlights of his presentation.

Industrial Technology

  1. Industrial Internet of Things (IIoT): What It Is, Why It Matters, and How It Drives Industrial Transformation
  2. Architecting Connectivity in the Industrial Internet of Things
  3. Optimizing IIoT Connectivity with the Industrial Internet Reference Architecture
  4. Industrial Internet Consortium Celebrates 1 Year: Demo, Keynote & Testbed Insights
  5. Europe’s First IIC Track & Trace Testbed Showcases Connected Power Tools
  6. Bridging the Gap: Collaborative Standards Between Industrie 4.0 and the Industrial Internet Consortium
  7. Tracing the True Evolution of the Internet of Things
  8. Securing Industrial IoT: Practical Strategies for Cyber‑Physical Systems
  9. Harnessing Industrial IoT for Growth: Beyond Cost Savings
  10. PLCs: The Key Enabler of the Industrial Internet of Things