{"id":1333,"date":"2019-02-15T10:32:04","date_gmt":"2019-02-15T07:32:04","guid":{"rendered":"http:\/\/kusuaks7\/?p=938"},"modified":"2023-08-30T12:52:24","modified_gmt":"2023-08-30T12:52:24","slug":"the-importance-of-an-open-digital-ecosystem-in-iiot","status":"publish","type":"post","link":"https:\/\/www.experfy.com\/blog\/iot\/the-importance-of-an-open-digital-ecosystem-in-iiot\/","title":{"rendered":"The Importance of an Open Digital Ecosystem in IIoT"},"content":{"rendered":"

Ready to learn Internet of Things? Browse courses<\/a>\u00a0like\u00a0IIoT Applications for Machine Learning<\/a> developed by industry thought leaders and Experfy in Harvard Innovation Lab.<\/em><\/strong><\/p>\n

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When information flows within digital ecosystems, everybody wins.<\/h4>\n

\"experfy-blog\"<\/p>\n<\/header>\n

You walk into the call center of a large transportation fleet. There are four teams separated by cubicle walls.<\/p>\n

Each group has a different \u201cdashboard\u201d on a tv screen. Each group is using different applications. Applications from one of their major OEMs or service providers. Communication across groups and sharing of data is manual \u2014 by phone, email and shared files.<\/p>\n

These IIoT data access problems impact almost every industry.<\/p>\n

\"experfy-blog\"<\/p>\n

Why?<\/h2>\n

Many have equated control of data to control of the customer and thus success.<\/p>\n

Systems and information became cloistered.\u00a0 Anyone viewed as a competitive threat had access restricted.<\/p>\n

\u201cIn a world of mounting pressure, there\u2019s a natural human instinct to stick to what you know. Don\u2019t go out of your comfort zone because things are really scary out there. And so there\u2019s a tendency to just hold on and just squeeze harder on what you\u2019re currently doing.\u201d<\/p><\/blockquote>\n

Change is hard for any organization.\u00a0Information sharing seems to be one of the hardest.<\/p>\n

It\u2019s scary.<\/p>\n

So companies (departments and individuals) want to proclaim ownership to all data. Some believe sharing information means it is free. So, each group tries to wrestle control over information. They proclaim to be the system of record. Applications remain siloed.<\/p>\n

Phone calls, emails, and manual data entry continue to be the de facto standard.<\/p>\n

\"open<\/p>\n

Closed Ecosystems Limit IIoT Value<\/h2>\n

IIoT project failures are rampant. For many, failures are a direct result of poor information sharing and inefficient collaboration.<\/p>\n

Frustration builds with customer and partners. Leading to cost increases, limited adoption, and reduced potential ROI. The promise of IIoT requires frictionless (but secure) ecosystem access to information.<\/p>\n

\"business<\/a><\/p>\n

What\u2019s a Digital Ecosystem?<\/h2>\n

A digital ecosystem is an interdependent group of actors, including enterprises, competitors, customers, regulators, individuals, Internet of Things devices, and other stakeholders that share standardized digital platforms to achieve mutual benefit.<\/p><\/blockquote>\n

There is not a single digital ecosystem.\u00a0 Each is unique to each company and unique to each target market.<\/p>\n