ABB joins Industrial Internet Consortium

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ABB, the Swiss power and automation company, is joining the Industrial Internet Consortium, a group of more than 100 companies, organizations and universities working to accelerate growth of the Industrial Internet by identifying and promoting best practices and robust standards.

ABB will join the IIC starting in 2015 to foster collaboration among technology companies as they seek to establish global standards for the Industrial Internet. ABB will work with others to ensure that end users “reap the benefits” it promises: improved efficiency, reduced costs and higher revenue.

ABB has for years advanced the Industrial Internet via the company’s control systems, communication technology and industrial sensors. These help customers use data to optimize operations on offshore platforms, in mining and robotics, aboard marine vessels and in the chemical and paper industries. The Industrial Internet Consortium, or IIC, was founded in March 2014 to drive innovation, develop standards, boost interoperability and ensure security.

“This gives us more opportunities to influence what is happening in the development of the Industrial Internet,” said Claes Rytoft, ABB Chief Technology Officer. “The Industrial Internet holds incredible promise to transform manufacturing, energy and resource industries.”

ABB centrally monitors thousands of industrial robots and for decades, has helped utilities collect data crucial for a deeper understanding of how to make their electricity grids safer and more reliable. The company has thousands of software developers dedicated to improving the functionality of the Industrial Internet, leading to leaner operations and faster response times.

Today, evolving communication technology and lower sensor costs, combined with higher performance of computers, offer new opportunities to collect, evaluate and integrate even more information from industrial facilities to boost efficiency, fine-tune maintenance and trim energy costs.

“The Industrial Internet makes it possible to collect and integrate much more information than we ever have before,” Rytoft said.

-Bill O’Leary

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