November 17, 2021
This report is the deliverable for Milestone 3.1.1 of the FEnEx CRC’s Commonwealth Grant Agreement. The Industrial Internet of Things (IIoT) is transforming businesses by bringing real‐time data and intelligence during the lifecycle of a plant or facility. Interoperability among systems involved in this data exchange is essential but represents one of the biggest obstacles faced adopters of Industry 4.0 technologies. Ideally interoperability can be achieved through the use of standards. However, while individual standards usually enable cost savings in discrete functional domains, much greater benefits are achieved as multiple standard groups collaborate in appropriate industry‐focused and cross‐industry efforts. Read More