scholarly journals Maturity-Model for the Evaluation of Investments into IIoT

2019 ◽  
Vol 5 (1) ◽  
pp. 126
Author(s):  
Lennart Hammerström ◽  
Dirk Zwerenz
Keyword(s):  
Theoretical Model ◽  
Industrial Revolution ◽  
Business Case ◽  
Maturity Model ◽  
Investment Strategies ◽  
Industrial Internet Of Things ◽  
The Third ◽  
Fourth Industrial Revolution ◽  
Industrial Internet ◽  
Third Industrial Revolution

The transition from the second industrial revolution (electrification) to the third industrial revolution (automation) was accompanied by a transformation of economy into a science with a powerful mathematic foundation. The methods developed do have some inaccuracies, such as the assumption that logical agents drive the market, an assumption that was realized to be a failure in the models not long ago. The models were developed in a transition phase, while the industrial revolution took place. The models are currently not mature enough to support companies in their investment strategies for the fourth industrial revolution, the age of digitalization and interconnectedness. The purpose of this study is to create a theoretical model for the process of creating a business case for the investment in technologies within the Industrial Internet of Things (IIoT).

Strategies of Sustainable Bioeconomy in the Industry 4.0 Framework for Inclusive and Social Prosperity

2019 ◽  
pp. 21-42
Author(s):  
Erhan İşcan
Keyword(s):  
Industry 4.0 ◽  
Efficient Solution ◽  
Industrial Revolution ◽  
Energy Sources ◽  
The Third ◽  
Fourth Industrial Revolution ◽  
Global Problem ◽  
Food Animals ◽  
Third Industrial Revolution

The last two decades have witnessed unpredictable transformations in knowledge-related areas. The main reason for this change is the fourth industrial revolution, a knowledge revolution affecting fields like the bioeconomy. The third industrial revolution, which induced the use of fossil-based energy sources, created a major global problem. Likewise, the third industrial revolution introduced the problem of the excess usage of food, animals, water, and other resources. Industry 4.0 offers an efficient solution to excessive tendencies. This chapter aims to analyze changes and offer strategies in the bioeconomy framework within Industry 4.0.

scholarly journals New Developments in Cyber Physical Systems, the Internet of Things and the Digital Economy – Discussion on Future Developments in the Industrial Internet of Things and Industry 4.0

2019 ◽  
Author(s):  
Petar Radanliev ◽  
David De Roure ◽  
Jason R.C. Nurse ◽  
Razvan Nicolescu ◽  
Michael Huth ◽  
...  
Keyword(s):  
Internet Of Things ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Cyber Physical Systems ◽  
Digital Economy ◽  
Industrial Internet Of Things ◽  
New Developments ◽  
Physical Systems ◽  
Fourth Industrial Revolution ◽  
Industrial Internet

The world is currently experiencing the fourth industrial revolution driven by the newest wave of digitisation in the manufacturing sector. The term Industry 4.0 (I4.0) represents at the same time: a paradigm shift in industrial production, a generic designation for sets of strategic initiatives to boost national industries, a technical term to relate to new emerging business assets, processes and services, and a brand to mark a very particular historical and social period. I4.0 is also referred to as Industrie 4.0 the New Industrial France, the Industrial Internet, the Fourth Industrial Revolution and the digital economy. These terms are used interchangeably in this text. The aim of this article is to discuss major developments in this space in relation to the integration of new developments of IoT and cyber physical systems in the digital economy, to better understand cyber risks and economic value and risk impact. The objective of the paper is to map the current evolution and its associated cyber risks for the digital economy sector and to discuss the future developments in the Industrial Internet of Things and Industry 4.0.

scholarly journals Enforcing Behavioral Profiles through Software-Defined Networks in the Industrial Internet of Things

2019 ◽  
Vol 9 (21) ◽  
pp. 4576 ◽  
Author(s):  
Sara Nieves Matheu García ◽  
Alejandro Molina Zarca ◽  
José Luis Hernández-Ramos ◽  
Jorge Bernal Bernabé ◽  
Antonio Skarmeta Gómez
Keyword(s):  
Internet Of Things ◽  
Industrial Revolution ◽  
Software Defined Network ◽  
Industrial Internet Of Things ◽  
Fourth Industrial Revolution ◽  
Industrial Ecosystem ◽  
Development Lifecycle ◽  
Industrial Internet ◽  
Attack Surface ◽  
Intended Use

The fourth industrial revolution is being mainly driven by the integration of Internet of Things (IoT) technologies to support the development lifecycle of systems and products. Despite the well-known advantages for the industry, an increasingly pervasive industrial ecosystem could make such devices an attractive target for potential attackers. Recently, the Manufacturer Usage Description (MUD) standard enables manufacturers to specify the intended use of their devices, thereby restricting the attack surface of a certain system. In this direction, we propose a mechanism to manage securely the obtaining and enforcement of MUD policies through the use of a Software-Defined Network (SDN) architecture. We analyze the applicability and advantages of the use of MUD in industrial environments based on our proposed solution, and provide an exhaustive performance evaluation of the required processes.

Digital Transformation in the Utilities Industry

2019 ◽  
pp. 304-330 ◽  
Author(s):  
Marcelo Teixeira de Azevedo ◽  
Alaide Barbosa Martins ◽  
Sergio Takeo Kofuji
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Treatment Plant ◽  
Water Treatment Plant ◽  
Digital Transformation ◽  
Fourth Industrial Revolution ◽  
Efficient Management ◽  
Industrial Internet ◽  
Management Of Resources ◽  
Third Industrial Revolution

Nowadays, there is a digital transformation in industry, which is being referred to as a new revolution, known as the fourth industrial revolution. Today, we are in the fourth industrial revolution, which strongly supports itself at enabling technologies, such as: Internet of Things (IoT), big data, cyber-physical systems (CPS) and cloud computing. These technologies are working cooperatively to promote a digital transformation in the forms of: Industry 4.0, Industrial Internet Consortium and Advanced Manufacturing. To meet these needs and as a proof of concept, a platform for digital transformation for a water issue is proposed with the objective of achieving an efficient management of resources linked to rational use of water. For the platform definition, a survey was performed of the process of a water treatment plant from the third industrial revolution and improved the process by applying the concepts of digital transformation to improve the new platform.

Strategies of Sustainable Bioeconomy in the Industry 4.0 Framework for Inclusive and Social Prosperity

2021 ◽  
pp. 1148-1163
Author(s):  
Erhan İşcan
Keyword(s):  
Industry 4.0 ◽  
Efficient Solution ◽  
Industrial Revolution ◽  
Energy Sources ◽  
The Third ◽  
Fourth Industrial Revolution ◽  
Global Problem ◽  
Food Animals ◽  
Third Industrial Revolution

The last two decades have witnessed unpredictable transformations in knowledge-related areas. The main reason for this change is the fourth industrial revolution, a knowledge revolution affecting fields like the bioeconomy. The third industrial revolution, which induced the use of fossil-based energy sources, created a major global problem. Likewise, the third industrial revolution introduced the problem of the excess usage of food, animals, water, and other resources. Industry 4.0 offers an efficient solution to excessive tendencies. This chapter aims to analyze changes and offer strategies in the bioeconomy framework within Industry 4.0.

scholarly journals Primary Care Entrepreneurship to Anticipate Disruptive Era of the 4th Industrial Revolution

2019 ◽  
Vol 2 (1) ◽  
pp. 3
Author(s):  
Erfen Gustiawan Suwangto
Keyword(s):  
Internet Of Things ◽  
Autonomous Vehicles ◽  
Industrial Revolution ◽  
18Th Century ◽  
Emerging Technology ◽  
Industrial Internet Of Things ◽  
Fourth Industrial Revolution ◽  
Fifth Generation ◽  
Industrial Internet ◽  
The Internet Of Things

The Fourth Industrial Revolution (4IR) is the fourth major industrial era since the initial Industrial Revolution of the 18th century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres collectively referred to as cyber-physical systems1. It is marked by emerging technology breakthroughs in a number of fields, including robotics, artificial intelligence, nanotechnology, quantum computing, biotechnology, the Internet of Things, the Industrial Internet of Things (IIoT), fifth-generation wireless technologies (5G), additive manufacturing/3D printing and fully autonomous vehicles.........

scholarly journals The Fourth Industrial Revolution: Opportunities and Challenges

2018 ◽  
Vol 9 (2) ◽  
pp. 90 ◽  
Author(s):  
Min Xu ◽  
Jeanne M. David ◽  
Suk Hi Kim
Keyword(s):  
Industrial Revolution ◽  
World Economic Forum ◽  
The Third ◽  
Fourth Industrial Revolution ◽  
Separate Event ◽  
The World ◽  
World Economic ◽  
Automate Production ◽  
Third Industrial Revolution ◽  
Industrial Revolutions

The fourth industrial revolution, a term coined by Klaus Schwab, founder and executive chairman of the World Economic Forum, describes a world where individuals move between digital domains and offline reality with the use of connected technology to enable and manage their lives. (Miller 2015, 3) The first industrial revolution changed our lives and economy from an agrarian and handicraft economy to one dominated by industry and machine manufacturing. Oil and electricity facilitated mass production in the second industrial revolution. In the third industrial revolution, information technology was used to automate production. Although each industrial revolution is often considered a separate event, together they can be better understood as a series of events building upon innovations of the previous revolution and leading to more advanced forms of production. This article discusses the major features of the four industrial revolutions, the opportunities of the fourth industrial revolution, and the challenges of the fourth industrial revolution.

Digital Transformation in the Utilities Industry

2021 ◽  
pp. 838-865
Author(s):  
Marcelo Teixeira de Azevedo ◽  
Alaide Barbosa Martins ◽  
Sergio Takeo Kofuji
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Treatment Plant ◽  
Water Treatment Plant ◽  
Digital Transformation ◽  
Fourth Industrial Revolution ◽  
Efficient Management ◽  
Industrial Internet ◽  
Management Of Resources ◽  
Third Industrial Revolution

Nowadays, there is a digital transformation in industry, which is being referred to as a new revolution, known as the fourth industrial revolution. Today, we are in the fourth industrial revolution, which strongly supports itself at enabling technologies, such as: Internet of Things (IoT), big data, cyber-physical systems (CPS) and cloud computing. These technologies are working cooperatively to promote a digital transformation in the forms of: Industry 4.0, Industrial Internet Consortium and Advanced Manufacturing. To meet these needs and as a proof of concept, a platform for digital transformation for a water issue is proposed with the objective of achieving an efficient management of resources linked to rational use of water. For the platform definition, a survey was performed of the process of a water treatment plant from the third industrial revolution and improved the process by applying the concepts of digital transformation to improve the new platform.

An Integrated Legacy of Modbus Devices to Industrial Internet of Things: Approach for Smart Industries

2020 ◽  
Author(s):  
Karthik Muthineni
Keyword(s):  
Internet Of Things ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Industrial Internet Of Things ◽  
Intelligent Decision Making ◽  
Internet Of Everything ◽  
Industrial Internet ◽  
Intelligent Decision ◽  
Network Platform ◽  
Smart Factories

The new industrial revolution Industry 4.0, connecting manufacturing process with digital technologies that can communicate, analyze, and use information for intelligent decision making includes Industrial Internet of Things (IIoT) to help manufactures and consumers for efficient controlling and monitoring. This work presents the design and implementation of an IIoT ecosystem for smart factories. The design is based on Siemens Simatic IoT2040, an intelligent industrial gateway that is connected to modbus sensors publishing data onto Network Platform for Internet of Everything (NETPIE). The design demonstrates the capabilities of Simatic IoT2040 by taking Python, Node-Red, and Mosca into account that works simultaneously on the device.

Sign in / Sign up

Export Citation Format

Share Document