ABSTRACT
IoT in industry is a rapidly developing area. Numerous IoT research and application projects have been done by universities or in joint industry-university consortia in recent years. However an important question to be further addressed is on value creation by IoT industry applications. IoT applications in the sense of this paper are solutions using IoT technologies to improve industrial manufacturing processes, enable new and efficient ways to operate production plants, create new service or supervision means for industrial installations, offer an optimized infrastructure, reduce operational cost or improve human safety in industrial areas. The present paper brings together 154experts from academia, research and industry offering a view on the IoT application in industrial environment, the challenges, expected evolution of IoT technology and use in future factories, on connected and holistic processes. The paper is intended to contribute to an IoT supported paradigm change in manufacturing, industrial service and over life sustainable industrial activities.
