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Taking Advantage of the Industrial Internet

Big data is not just for predicting election outcomes and mapping genomes. General Electric (GE) is betting on the so-called Industrial Internet β€” a term they coined β€” to help manufacturers boost performance, streamline processes and better compete in the global marketplace.

Big data is not just for predicting election outcomes and mapping genomes. General Electric (GE) is betting on the so-called Industrial Internet β€” a term they coined β€” to help manufacturers boost performance, streamline processes and better compete in the global marketplace.

Essentially, the Industrial Internet (II) is a network that connects scores of sophisticated machines embedded with sensors and computer software to other machines so manufacturers can gain real-time insight into everything from production bottlenecks to pending maintenance issues. The result is a transparent system that enables businesses to make more informed business decisions, curb production hiccups and cut costs.

β€œEthernet-enabled devices are so widespread now that everything is connected to everything else,” says Jim Pinto, author of β€œHow to Win in the Automation Business” and a consultant specializing in industrial automation. β€œMachines are now capable of talking to each other.”

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