Consumer networks have revolutionized the way companies understand and reach their customers, making possible intricate measurement and accurate prediction at every step of every transaction. The same revolution is underway in our infrastructure, where new generations of sensor-laden power plants, cars and medical devices will generate vast quantities of data that could bring about improvements in quality, reliability and cost. Big machines will enter the modern era of big data, where they’ll be subject to constant analysis and optimization.
We’ve teamed up with General Electric to explore the industrial Internet and convene a series of conversations that we hope will accelerate its development. GE’s strong presence in many industries has given it a great deal of insight into the ways that industrial data might be gathered, distributed and linked together.
Linking together big smart devices into a true industrial Internet presents enormous challenges: standards need to be developed with the full engagement of the technology industry. Software innovators will need to develop tools that can handle vast quantities of sensor data under tight security constraints, sharing information that can improve the performance of systems that have many operators — without leaking anything important to malicious groups.
Launching the industrial Internet will require big investment on the part of those who will operate each of its nodes, so in addition to looking at the concept’s technical aspects we’ll also explore its promise as a business revolution in ways that are both practical and already in use (like remote operation of mining equipment) and promising but largely conceptual (like mobile health and big data in diagnostics).
GE won’t be the only voice in this conversation: other companies have developed their own visions for the industrial Internet and we’ll be exploring those as well, looking for commonalities and engaging as many voices as we can from our neutral place in the technology industry.
The promise of the industrial Internet is that it will bring intelligence to industries that are hugely capital-intensive and create broad value that all of the industrial Internet’s participants will share. We’ll look for stories that illustrate that future.