The European Commission describes the internet of things as merging "physical and virtual worlds, creating smart environments."
Among other things the agreement, which was announced Tuesday, could look at new connectivity systems with the aim of ensuring that energy networks are more efficient and intelligent. Chuck Robbins, the CEO of Cisco, said the company would work with Snam to "enable its digital transformation, supporting the company in making its energy network increasingly sustainable using cutting edge technologies, IoT , 5G and artificial intelligence."
The industrial internet of things broadly refers to manufacturers and businesses that use the technology to boost productivity. For its part, GE Digital has described the industrial internet of things as being "the network of a multitude of industrial devices connected by communications technologies that results in systems that can monitor, collect, exchange, analyze, and deliver valuable new insights like never before.
Source: Tech Daily Report (techdailyreport.net)
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