7. The Industrial Internet and the Internet of Things

Key Chapter Points

• Self-sensing and performance-reporting machinery are creating efficiencies throughout the global supply chain in what is becoming known as the Industrial Internet.

• These “smart parts” will also be central to the monitoring and control aspects of the Internet of Things in our houses, our cars, and even in the clothes we wear in the future.

• The Internet tech companies intend to be the leaders in providing the coordinating software that ties together all this digital data.

• The combined Industrial Internet and Internet of Things will produce huge amounts of mostly structured data, but that data will be revealing about how users live their lives.

Although the Consumer ...

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