Axeda Connexion 2013 brought together some of the brightest minds in the Machine-to-Machine (M2M) and Connected Products Industry, including organizations that are forging new paths in capturing this data and converting it into actionable insights. GE has been on the forefront of the Industrial Internet phenomenon for a while now—in fact, they’re absolute visionaries, setting an example of integrating machine data into other enterprise systems for improving maintenance and product design and delivering new innovative applications to customers leveraging that machine data.
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Andrew McAfee, principal research scientist at the Center for Digital Business—and one of the keynote speakers at Axeda Connexion 2013 this week—kicked off his presentation with a question: “What have been the biggest stories since human civilization began?”
Think about it.
If you’re like many of us in the audience I’m sure a number of events come to mind, like new religions and political systems, climate change, plagues and cultural movements like the Renaissance. Then, he challenged us to guess which event made the biggest difference in the human condition. It’s easy to assume that any one of these milestones made a significant impact—until we saw the data.
Imagine a world where your dishwasher was connected to your home wireless network and was able to be diagnosed remotely. Instead of a repair person visit, you received an email with a video attached telling you how to fix the problem. You just saved $120.
If AT&T and Qualcomm have their way, that kind of world could soon be a reality. Earlier this year, they announced a joint project called the “Internet of Everything development platform,” which will make creating “Internet of Things” (IoT) devices and applications easier. There’s no doubt that IoT, machine-to-machine (M2M), the “Industrial Internet” - whatever you’d like to call it - will bring dramatic changes to the way we live. For businesses, it’s no different. But what organizations are quickly learning is that simple access to data from individual assets isn’t the whole story.
