From flying vehicles to smart buildings, this year's IoTSWC will bring the best industrial internet solutions to Barcelona. The Industrial Internet Consortium (IIC) is the leading organization promoting Industry 4.0 in the US. During the last five years, together with Fira Barcelona, it has been organizing the IoT Solutions World Congress (IoTSWC), the leading conference of industrial IoT. Dr. Richard Soley is the Executive Director of the Industrial Internet Consortium and is responsible for the vision and direction of the organization. In addition to this role, Dr. Soley is Chairman and CEO of the Object Management Group (OMG) – an international, nonprofit computer industry standards consortium -- and Executive Director of the Cloud Standards Customer Council – an end-user advocacy group.

IoT (Internet of Things), the convergence of IT and OT, rapid application development, digital twin simulation models, cyber-physical systems, advanced robots and cobots, additive manufacturing, autonomous production, consistent engineering across the entire value chain, thorough data collection and provisioning, horizontal and vertical integration, the cloud, big data analytics, virtual/augmented reality and edge computing amidst a shift of intelligence towards the edge (artificial intelligence indeed): these are some of the essential technological components of the fourth industrial revolution. Those are quite a lot of terms and components indeed. Yet, Industry 4.0 is a rather vast vision and, increasingly, vast reality that also stretches beyond merely these technological aspects. It is an end-to-end industrial transformation. What makes it all the more fascinating (and at first sight complex) is that convergence of two worlds which have been disconnected thus far: Information ...

WIRE)--The Industrial Internet Consortium (IIC), the world's leading organization transforming business and society by accelerating the adoption of the Industrial Internet of Things (IIoT), today announced the Smart Factory Machine Learning for Predictive Maintenance Testbed. The testbed is led by two companies, Plethora IIoT, a company, designing and developing cutting-edge answers for Industry 4.0, and Xilinx, the leading provider of All Programmable technology. This innovative testbed explores machine-learning techniques and evaluates algorithmic approaches for time-critical predictive maintenance. This knowledge leads to actionable insight enabling companies to move away from traditional preventative maintenance to predictive maintenance, which minimizes unplanned downtime and optimizes system operation. This would ultimately help manufacturers increase availability, improve energy efficiency and extend the lifespan of high-volume CNC manufacturing production systems.