Industrial Internet Size in 2020: Half a Trillion Dollars

IndustrialInternet_wikibonIndustrial Internet defined as

  • The connection of industrial machine sensors and actuators to local processing and to the Internet;
  • The onward connection to other important industrial networks that can independently generate value.

Source: Defining and Sizing the Industrial Internet

Update: Here’s David Floyer talking about the study

[youtube http://www.youtube.com/watch?v=so46LXbczd0]