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Home Technology AI and Machine Learning

Greater China to lead the global industrial IoT market

FutureIoT Editors by FutureIoT Editors
June 19, 2019
Greater China to lead the global industrial IoT market

Greater China to lead the global industrial IoT market

Governments in Asia are looking at smart city as a means to improve urban living. A key component of this move to smarter city is the use of information and communication technologies (ICTs) to become more accountable,

The Industrial Internet – the convergence of industrial systems with Internet-based technology, such as cloud computing and advanced analytics – is developing apace. Large numbers of connected sensors can monitor the performance of complex physical machinery in real-time. The analysis of the resulting data can be used to optimise production and perform predictive maintenance, increasing efficiency and generating insights that can be used to develop new processes. This concept is known as the Industrial Internet of Things (IIoT).

The data captured by the Industrial IoT can also be used for machine learning to develop artificial intelligence (AI) systems – a field that is developing rapidly in China and elsewhere.

In time, AI systems should be able to help people manage complex industrial facilities effectively and efficiently, with the system learning and refining its algorithms over time.

This paper explores the development of the Industrial IoT in Greater China, drawing on interviews with six mobile operators in the region. It identifies the key trends in this sector, the benefits seen by exponents of the Industrial IoT and the challenges they face, before drawing conclusions about how digital technologies will drive the next industrial revolution in East Asia.

Click here to download this GSMA paper.

Related:  LiDAR sensors cut carbon footprint of a waste plant in China
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The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

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