What Is Holding Back the Next Industrial Revolution?

A recent Twitter chat hosted by the IoT Institute takes a look at the promises of the IIoT and analyzes what is holding back implementation of the technology.

Brian Buntz

August 29, 2016

1 Min Read
Predictive maintenance is one of the most popular applications of the IIoT.

We seem to already be in the midst of the next industrial revolution but there is still a gap between the vision of the IIoT and the reality. According to a recent survey from IndustryWeek, GE Digital, and the Industrial Internet Consortium, 82% of industrial professionals are convinced that the IIoT is vital to their firms' survival but only a quarter of participants stated they had a clear IIoT strategy. Part of the reason for the disconnect is that manufacturing production leaders are afraid of giving up control, says IndustryWeek Editor-in-Chief Patricia Panchak in a recent Twitter chat. Data security and data privacy concerns are among the other key hurdles. To learn more about this disconnect and the potential of the IIoT, check out a highlights from our recent Twitter chat dedicated to the topic:


About the Author(s)

Brian Buntz

Brian is a veteran journalist with more than ten years’ experience covering an array of technologies including the Internet of Things, 3-D printing, and cybersecurity. Before coming to Penton and later Informa, he served as the editor-in-chief of UBM’s Qmed where he overhauled the brand’s news coverage and helped to grow the site’s traffic volume dramatically. He had previously held managing editor roles on the company’s medical device technology publications including European Medical Device Technology (EMDT) and Medical Device & Diagnostics Industry (MD+DI), and had served as editor-in-chief of Medical Product Manufacturing News (MPMN).

At UBM, Brian also worked closely with the company’s events group on speaker selection and direction and played an important role in cementing famed futurist Ray Kurzweil as a keynote speaker at the 2016 Medical Design & Manufacturing West event in Anaheim. An article of his was also prominently on kurzweilai.net, a website dedicated to Kurzweil’s ideas.

Multilingual, Brian has an M.A. degree in German from the University of Oklahoma.

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