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The IIoT – Enabling the Future, Today

A fireside chat with Doug Smith, Ligado Networks CEO & Jason Grumet,
Bipartisan Policy Council Founder and President

What is the IIOT


The Industrial Internet of Things is a powerful network of billions of
“smart” devices, ranging from objects as small as a miniscule chip ALL ABOUT THE NUMBERS
to a massive industrial machine. These devices contain embedded
technologies to communicate with each other, with people, and with
the external environment. The IIoT represents the next frontier of There were 2 billion smart devices
global technological advancement, with potential to change the face in 2006, that number is estimated
of industry, from the factory floor, to the executive office, to your own
home. These technologies include autonomous cars, railways, trucks,
to reach to 200 billion by 2020.
and drones, all of which will rely upon a network of interconnectivity
– a satellite-terrestrial network. A satellite-terrestrial network would By 2020, it is estimated that there
be uniquely equipped to provide next-generation connectivity that is will be 26 smart devices per human
pervasive, highly secure, and ultra-reliable. on the planet.

With IIoT in place, the United States


could see its cumulative GDP reach
$7.1 trillion by 2030.

This could mean the United State’s


annual GDP is 2.3 percent higher
than trend projections for 2030.

88 percent of CEOS expect long-


term growth in jobs from IIoT.

The IIoT will redefine sectors such as transportation,


telecommunications, energy, public safety, and more, that
account for almost two-thirds of the world industrial output. The
technical conditions for the adoption of the IIoT are favorable, as Accenture estimates
the number of devices and sensors upon which the IIoT depends
have reached the tens of billions. the Industrial
Internet of Things
The IIoT promises to improve industrial productivity, reduce
costs of operation, and enhance worker safety, as well as the (IIoT) could add over
generation of new revenue streams. In developing the necessary
next-generation satellite-terrestrial network, we need to turn
$14.2T to the global
our focus to the greater public policy debate. How can we economy by 2030
facilitate this network, and in doing so, unlock the next frontier
of technological advancement?
Panel Discussion – Satellite-Terrestrial Connectivity:
Securing the Future of the IIoT
Featuring high-level executive from companies
that would utilize this network

It is undeniable that the world is


more technologically connected
today than ever before, a trend Joy Ditto
President and CEO
that will only increase in the coming Utilities Technology Council
years. It seems new machineries (UTC)
– drones, automated cars, smart
home appliances – are appearing
daily. However, the future of fully
autonomous cars, trucks, railway,
and drones, which will be used
Ray LaHood
to revolutionize industry, public President
safety, and countless other sectors, Building America’s Future
has yet to be realized. We can talk
about these technologies and lay
the blueprints – but, in order to
unlock their full potential, we need
a new kind of network. The level of
connectivity promised by a satellite-
terrestrial network is the only way Chris Crane
President and CEO
to support the technologies of Exelon
tomorrow, today.

We have assembled an expert


panel to discuss the impact of a
satellite-terrestrial network on the
development of these revolutionary Lisa Stabler
technologies, from companies President
primed to deliver them, and other Transportation Technology
Center, Inc
IIoT thought leaders.

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