These include smart operations, smart services, smart products and smart manufacturing encompassing condition-based monitoring, remote-guided services and smart wearables, smart home products, connected vehicles, industrial IoT, augmented reality, and smart supply chain and logistics. As technologies converge and find applications across industries, some mega trends in the digital engineering and IoT space have emerged. Industrial IoT, popularly referred to as Industrie 4.0, will change traditional manufacturing relationships. The alliance will offer monetization services for IoT assets and provide a complete architecture for enterprises to enable connectivity, analytics and monetization for IoT. Innovation and excellence in digital engineering, nurtured by technical brilliance and an unquenchable spirit of curiosity will be the key to future breakthroughs in IoT.

Source: Mint July 07, 2016 20:15 UTC