The Next Industrial Revolution

The Next Industrial Revolution

What to Expect When the World Gets Even More Connected via the IoT

By Arthur Lozinski

Organizations have historically thought about asset management as the practice of managing IT assets like routers, switches, desktops, laptops, mobile devices, and smartphones. Managing enterprise Things is a whole different matter. Things to manage now include everything from locomotives to water chillers, and that’s spurring massive change.

Driving Big Changes

The technology powering an industrial IoT has the potential to reshape the planet.

Already, several industries are being transformed. Physicians can instantly track patients’ vital signs, wirelessly. Locomotives, which can often be without cellular or WiFi connectivity, can use connected Things for greater safety and scheduling. Oil and gas rigs are equipped with numerous Things such as security appliances to control communications, without manual intervention. Industries will gain new efficiencies and reduce waste in water, fertilizer, pharmaceuticals, and energy.

 

Building a New Kind of Internet

What has to be done to continue enabling these types of breakthroughs? First, it’s time to build a different kind of Internet—the Internet of Things (IoT), versus the Internet of People (IoP). The IoT will contain a lot more Things than people. By 2022, 1 trillion networked sensors will be embedded in the world around us, with up to 45 trillion in 20 years. It will constantly communicate and provide data through massive networks of sensors, detectors, and other Things.

Managing All the Things in the IoT

We’ll have to learn how to collect and put all of the data being created by the IoT to use. Also, we’ll have to find new ways to manage every connected Thing using next-generation enterprise software for Things versus people. Building the next generation of software for Things is a worthy goal, with potential results such as continually improving enterprise efficiency and public safety, driving down costs, decreasing environmental impacts, boosting educational outcomes, and more. These benefits will extend globally to developing economies, too.

 

Should you be worried about your job? What types of skills will you need to thrive in the IoT era? What changes can you expect in your industry? The IoT revolution will affect us all, perhaps in unexpected ways.