Industrial Internet of Things Examples!

[Daniel Nenni]

This is for the folks out there who still think IoT is a joke. In looking at the 20k+ domains that have hit SemiWiki in 2017, I see a huge influx of IoT traffic, most of which are industrial. Here is a nice list of examples from the IoT Institute that match up very well with our analytics:

1. ABB: Smart robotics
2. Airbus: Factory of the Future
3. Amazon: Reinventing warehousing
4. Boeing: Using IoT to drive manufacturing efficiency
5. Bosch: Track and trace innovator
6. Caterpillar: An IIoT pioneer
7. Fanuc: Helping to minimize downtime in factories
8. Gehring: A pioneer in connected manufacturing
9. Hitachi: An integrated IIoT approach
10. John Deere: Self-driving tractors and more
11. Kaeser Kompressoren: Air as a service
12. Komatsu: Innovation in mining and heavy equipment
13. KUKA: Connected robotics
14. Maersk: Intelligent logistics
15. Magna Steyr: Smart automotive manufacturing
16. North Star BlueScope Steel: Keeping workers safe
17. Real-Time Innovations: Microgrid innovation
18. Rio Tinto: Mine of the Future
19. Shell: Smart oil field innovator
20. Stanley Black & Decker: Connected technology for construction and beyond

The top 20 industrial IoT use cases | IoT Institute

 

[count]

I don't think IoT is a joke, but I don't think it's the 20%+ growth market it's touted to be either. If you look at that list, many of the examples are technologies that have existed for decades, and are gradually improving and getting smarter. Lumping all these heterogeneous markets and technologies together makes the IoT market seem more impressive than it actually is. However, a 5-10% growth market is still great (and more sustainable in the long term).

 

[Daniel Nenni]

I don't think IoT is a joke, but I don't think it's the 20%+ growth market it's touted to be either. If you look at that list, many of the examples are technologies that have existed for decades, and are gradually improving and getting smarter. Lumping all these heterogeneous markets and technologies together makes the IoT market seem more impressive than it actually is. However, a 5-10% growth market is still great (and more sustainable in the long term).

Agreed, but without hype it is very difficult to get semiconductor investment. My measure is design starts which correlates nicely to EDA, IP, and the Foundry business. Unfortunately, only a fraction of the 1,000+ IoT design starts will make it into high volume production but they still have to buy EDA and IP. EDA will be the biggest benefactor which is why I have been bullish on SNPS, MENT, and CDNS, absolutely.

I was at the GSA Executive Forum this week and Gene Munster did a great presentation on The Next Wave. He did 108 slides in 15 minutes and it really hit the right points for semiconductor growth. I just got the slides and will do a blog on it next week.

 

[count]

I agree that in IoT, EDA and IP are the two biggest benefactors owing to the heterogeneity of the market. Unlike CPUs or even mobile SoCs which you have one design that scales massively, every application is it's own design. The common components are IP blocks and design tools.

 

[Arthur Hanson]

IOT will be about coordination and integration of many things into a single large scale process. The best example I can think of is a variety of smart vehicles tied into the smart roadways, intersections, access for toll or control areas, parking, charging and a multitude of other functions as part of a much larger ecosystem. There will be ecosystems similar to this in medical facilities, factories, buildings and just about every type of ecosystem there is. This will be IOT and many existing things will just have add on IOT modules.

 

[wgt46]

Regarding the "hype" issue and whether or not IoT will ever be the hyper-growth market it has been projected to be, I agree that there is little evidence that it has really taken hold yet. On the other hand, the buzz surrounding the industrial IoT seems to be based on the universal fear in the C-suite that first mover advantage in this technology will be massive. Fear is a great motivator - I expect to see a real hockey stick in the implementation area in 2019 onward.