Large corporations are actively implementing their own IIoT platforms into their production processes and at third-party facilities in order to increase their revenue. Participant pool includes German industrial giant Bosch, Swedish telecommunications company Ericsson, Japanese Mitsubishi Electric, etc.
American manufacturer of gas turbines General Electric provided a vivid example of efficient IIoT application: the company implemented a remote-control system which performs non-stop worldwide equipment monitoring, allows for the avoidance of downtime, and produces timely notifications on required repairs. In order to meet these objectives, GE developed a system which processes extensive data from thousands of operating turbines. Total profit for enterprises which implemented the equipment is estimated at $100bn p.a.
German concern Siemens has also become a prominent player in the IIoT platform market. The company developed its own cloud platform MindSphere. This operating system links the digital world to various real objects, such as industrial machinery, infrastructure, devices, etc. Thanks to the platform, the enterprise can use Big Data technologies, create digital services and new business models, manage its equipment online, etc. MindSphere can operate at a single enterprise or as part of a vast network within a holding.