Industrial Internet Blog

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Jul 16, 2015

Will the Industrial Internet Create New Jobs? Yes.

Recently, I was a panelist at the second international symposium of French Foreign Trade Advisors. The moderator of the panel asked me if the Industrial Internet would be a net jobs creator. It was a great question and highly relevant to the larger conversation about the potential impact of the Industrial Internet on the world’s economies. As most of you know, there’s a range of estimates on how much the Industrial Internet will contribute to the overall economic picture. The McKinsey Global Institute estimates the Internet of Things will generate somewhere between $3.4 and $11.1 trillion annually in economic value by 2025. The World Economic Forum (WEF) predicts that IoT will generate $14.2 trillion in 2030.

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Industrial Internet Videos

Industrial Internet - The Next Industrial Revolution is Here

Predix, GE's Software Platform for the Industrial Internet

Marco Annunziata on the economics of the Industrial Internet

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Economist: The Industrial Internet

Rise of the Machines

Article
WHEN HARDWARE MET SOFTWARE: MINING THE VALUE OF THE INDUSTRIAL INTERNET

The Industrial Internet is already helping companies shave costs and boost performance. Union Pacific, America's largest railroad company, has improved productivity by wiring its locomotives with sensors that monitor parts and supply data to algorithms that try to predict whether a component might break down and when.

 

White Paper
THE COMBINATION OF NETWORKS AND MACHINES COULD ADD $10 TO $15 TRILLION TO GLOBAL GDP

The Industrial Revolution radically changed the way we use energy and make things. The Internet Revolution altered how we communicate, consumer information, and spend money. A combination of these two transformations, called the Industrial Internet, now links networks, data, and machines. It promises to remake global industry, boost productivity, and launch an entirely new age of prosperity and growth.

 

What is the Industrial Internet?

Industrial machines have always issued early warnings, but in an inconsistent way and in a language that people could not understand.

The advent of networked machines with embedded sensors and advanced analytics tools has changed that reality.

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@TheJoyfulProg Agreed, all you need is a power source and a laptop and coding season never ends.

@T2LW Thanks for sharing, Thierry. We believe #PREDIX will bridge the gap between #BigData and big context.

RT @TCS_News: TCS releases its latest Global Trend Study, 2015. Find out how #IoT changes the #custexp. http://t.co/4nH0f4IxNg http://t.co/