Industrial Internet of Things industrial subset of the IoT. The industrial internet of things will enable the creation of new business models by improving productivity, exploiting analytics for innovation, and transforming the workforce. The potential of growth by implementing IIoT is predicted to generate $15 trillion of global GDP by 2030. While connectivity and data acquisition are imperative for IIoT, they are not the end goals, but rather the foundation and path to something bigger. Of all the technologies, predictive maintenance is an "easier” application, as it is applicable to existing assets and management systems. Intelligent maintenance systems can reduce unexpected downtime and increase
Smart city EU has developed a range of programmes under 'Europe's Digital Agenda". In 2010, it highlighted its focus on strengthening innovation and investment in ICT services for the purpose of improving public services and quality of life. Arup estimates that the global market for smart urban services will be $400 billion per annum by 2020. Examples of Smart City technologies and programs have been implemented in Singapore, Dubai, Milton Keynes, Southampton, Amsterdam, Barcelona, Madrid, Stockholm, China and New York. Due to the breadth of technologies that have been implemented under the smart city label, it is difficult to distill a precise