Industrial Internet Could Add $10 to $15 Trillion To Global GDP In 20 Years

November 27, 2012 2:32 pm

A report from GE, titled “Industrial Internet: Pushing the Boundaries of Minds and Machines”, has some solid perspective on what the future holds for us – summarizing the impact into three groups:

Intelligent Machines: New ways of connecting the word’s myriad of machines, facilities, fleets and networks with advanced sensors, controls and software applications.

Advanced Analytics: Harnessing the power of physics-based analytics, predictive algorithms, automation and deep domain expertise in material science, electrical engineering and other key disciplines required to understand how machines and larger systems operate.

People at Work: connecting people, whether they be at work in industrial facilities, offices, hospitals or on the move, at any time to support more intelligent design, operations, maintenance as well as higher quality service and safety.

(Source)

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