The Industrial Internet of Things will transform business, particularly in the manufacturing, energy, agriculture, and transportation market sectors. IIoT will also transform how people with work with systems and machines across all sectors.
With significantly improved operational efficiencies, interconnected technical systems, and more engaged interaction with customers, business will shift their focus from products to outcome based services delivered through “partnership eco-systems.” To gain competitive advantage, a World Economic Forum study suggests
- Technology providers should inventory and share “best security practices”, including the development test beds to integrate solutions from different organizations.
- Technology adopters need to reorient business strategies to address advances in the Industrial Internet and identify partners focused on interoperability and skilled at integrating legacy systems/equipment/applications.
- Governments (local, state, and federal) should focus on increasing investment in digital infrastructures, improving cross-border regulations, and educating/retraining workers for emerging high-tech industries.
Global Chamber Is spearheading Charlotte metro initiatives to capture the lead in these areas by hosting webinars on these topics and developing local communities of shared interest. Check out our upcoming globinar on healthcare HERE and stay in touch for more.