[LINK] Industrial Internet - Risks, anyone?

[Jan Whitaker]

[I hadn't heard the term "industrial internet" 
until this article. I'm reading a book right now 
about the future, The Meaning Of The 21st 
Century: A Vital Blueprint For Ensuring Our 
Future by James Martin. In it, Martin predicts 
much more sophisticated automation such as this, 
using the term 'artilects' for 'artificial 
intellect'. In a way, it ignores the value of 
human ability to recognise nuance as opposed to 
the literal interpretations by computers, unless 
something has drastically changed in how software 
works. Granted, there are if/then conditionals 
that can be incorporated to avoid the worst 
problems, but I'm not convinced. Also 'regression 
toward the mean' comes to mind, as well as the 
problem with exceptions when one relies on 'big data' predictions. Discuss.]
[PS: I see that Martin died just this year at age 79.]



Corporate giants expand industrial internet

Published: October 10, 2013 - 9:47AM

General Electric has announced partnerships with 
AT&T, Cisco and Intel to expand its industrial 
internet service that allows its customers to 
analyse data and predict outcomes.

The service helps customers analyse industrial 
"big data" – data so large that it is difficult 
to process using traditional database and software.

This would help customers minimise downtime, 
increase productivity, lower fuel costs and reduce emissions.

By connecting machines to the network and the 
cloud, workers can track, monitor, and operate 
GE's machinery wirelessly from anywhere through 
secure and machine-to-machine communications, GE 
Software's corporate officer Bill Ruh said.

GE has existing partnerships with Amazon Web 
Services, Accenture and Pivotal to support the service.

GE said the ten "predictivity" products it 
launched last year have contributed revenue of 
$US290 million ($307 million) so far this year. 
The company said it has 14 new customers for the 
14 products launched on Wednesday.

According to technology research group Wikibon, 
industrial data is expected to grow at two times 
the rate of any other big data segment over the next decade.

Reuters

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This story was found at: 
http://www.theage.com.au/it-pro/cloud/corporate-giants-expand-industrial-internet-20131010-hv228.html 




Melbourne, Victoria, Australia
jwhit at janwhitaker.com

Sooner or later, I hate to break it to you, 
you're gonna die, so how do you fill in the space 
between here and there? It's yours. Seize your space.
~Margaret Atwood, writer

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