In the ever evolving world of IoT, the acquisition of Axeda for USD170 million is certainly not a surprise. First PTC acquired ThingWorx in December, 2013, now they’ve snapped up Axeda. Why did PTC do it and what were the valuation metrics of the Axeda and ThingWorx purchases? MachNation partners can log-in to our partner portal for more information about this acquisition.
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Automation in the industrial internet: giving up control
MachNation recently moderated a panel on the Industrial Internet at an IoT event. One key question we addressed — are we comfortable excluding all human intervention from an IoT-enhanced business process and allowing machines to control our industrial world?
Continue readingMore TagBosch’s drive to IoT
Bosch and IoT. One of the three top trend for IoT for 2014 is the industrial internet. The connecting of electromechanical assets, building networking into new components and connecting our cities can yield tremendous cost savings, environmental improvements and safety enhancements. Bosch has been a leader in IoT for several years and has recently taken steps to solidify that position. Success does not come overnight, but Bosch is doing the right things to be successful […]
Continue readingMore TagThe Industrial Internet: Hitachi and Axeda partnership
Key take away: The Industrial Internet of things (IoT) is a huge area of growth worldwide, but especially in Asia, Germany, the Nordic countries and North America. There are a lot of electro-mechanical components that are waiting to speak and they have volumes of information to provide that can make manufacturing processes and products much more efficient. Proof points: There have been three recent announcements that suggest the Industrial IoT is blooming. First, AT&T announced […]
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