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The	Future	of	
Industrial	IoT
Stephen Mellor
Chief Technical Officer
Industrial Internet Consor9um
Industrial vs. Consumer Internet of Things
Similar	
Technology	
Drivers	
•  Small	inexpensive	
sensors	&	
actuators	
•  Low	cost	
processing		
power	and	
data	storage	
•  Smart	devices	
•  Connec8vity	
2	
Different		
Business						
Drivers	
•  Consumer		
•  Adequate	Quality	
•  Modest	Security	
•  Cost	Sensi8ve	
•  Industry	
•  QoS	
•  Robust	Security	
•  ROI	Sensi8ve	
•  Efficiency	
•  New	Products	
•  New	Markets
How?
Taken	from	“Industrial	Internet	of	Things:		
Unleashing	the	Poten8al	of	Connected	Products	
and	Services”	
by	the	World	Economic	Forum,	with	Accenture	
	
3	
1.  Opera8onal		
	Efficiency	
2.	New	Products		
					and	Services	
3.	Outcome	
Economy	
4.	Autonomous,		
					pull	economy	Operational efficiency is about making
specific operations more efficient:
•  Asset utilization
•  Operation cost reduction
•  Worker productivity
	
The industrial internet enables new
products and services:
•  Pay per use
•  Software-based services
•  Data monetization
The outcome economy is a marked shift
in the structure of the economy from
selling assets to selling outcomes:
•  Pay per outcome
•  New connected ecosystems
•  Platform-enabled marketplace
The autonomous, pull economy focuses on integration:
•  Continuous demand-sensing
•  End-to-end automation
•  Resource optimization and waste reduction
Roadblocks to growth
4	
Industries
Big Data
Security
Academics
Government
Technology
Standards
Manufacturing
The Industrial Internet:
A $32 trillion opportunity
What’s Needed
•  Standards	
•  Top-down	requirements	for		
the	IIoT	space	
•  BoXom-up	experience	
•  Interoperability	
•  Alignment	of	language	and	concepts	
•  Tes8ng	of	alignment	
5	
©	hXps://xkcd.com/927/
The Industrial Internet Consor9um
The	IIC	brings	together	the	organiza8ons	necessary		to	accelerate	growth	
of	the	Industrial	Internet	by	iden8fying,	assembling	and	promo8ng		
best	prac8ces	and	technologies.	
	
	
	“To	accelerate	growth	of	the	Industrial	Internet	by		
	coordina8ng	ecosystem	ini8a8ves	to		
	connect	and	integrate	objects	with		
	people,	processes	and	data	using		
	common	architectures,	interoperability		
	and	open	standards	that	lead	to		
	transforma8onal	business	outcomes.”	
	
6
The IIC and standards organiza9ons
7	
The	IIC	is	not	a	standards	organiza8on.	
	
	
The	IIC	will:	
•  establish	a	reference	architecture	
•  evaluate	exis8ng	standards	against	it	
•  iden8fy	requirements,	and		
•  propose	these	requirements	to	standards	organiza8ons	
The	IIC	evaluates	and	organizes		
exis8ng	standards	to:		
•  advocate	for	open	standard	
technologies,		
•  influence	global	standards	
development
Industrial Internet Interoperability Coali9on (I3C)
8
Testbeds 
& Projects
Business Model,
Project Mgmt,
Prac9ces
Project 
Specifica9ons
& Reports
Architecture
&Design
Testbeds and Projects
•  A	testbed	is	a	controlled	experimenta3on	pla4orm,	
~conforming	to	an	IIC	reference	architecture,	where	
solu8ons	can	be	deployed	and	tested	in	an	environment	
that	resembles	real-world	condi3ons.		
•  Testbeds	explore	untested	technologies	or	exis8ng	
technologies	working	together	in	an	untested	manner.		
•  Testbeds	can	generate	requirements	and	priori8es	for	
standards	organiza3ons.	
•  Testbeds’	ul8mate	purpose	is	to	culminate	in	innova8ve	
products,	services	and	methodologies.
Markets
ENERGY
HEALTHCARE
MANUFACTURING
PUBLIC DOMAIN
TRANSPORTATION
IIC
Cross-domain &
Interoperability
in IIoT
Detailed model for
next-gen Manufacturing
Value chain
I4.0
11	
mellor@iiconsor8um.org	
www.iiconsor8um.org	
info@iiconsor8um.org	
+1-781-444	0404	x137	
	
Things are coming together	
Thank you

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