Advantech launches 30 IIoT solutions through a "co-creation model"

Advantech has announced the co-creation of IoT Solution Ready Packages (SRPs). This has involved co-creating with various domestic and international companies. Thirty sets of SRPs will be officially released this year, and Advantech will hold the 6000-participant IoT Co-Creation Summit and AIoT.SRP press conference on 1–2 November in Suzhou, China.

K C Liu, Chairman of Advantech, pointed out that IIoT applications are about to become widely implemented in various industries. However, the key to success lies within platform technology suppliers, such as Advantech, as well as in working closely with industry professionals to integrate and form standardised and easily duplicated SRPs. These SRPs can then be installed by system integrators at the client site. Eventually, IIoT industry chains will be formed as SRPs become established as comprehensive field solutions. Therefore, the IoT industry chain must include sensors, edge computing, communication, PaaS (platform as a service), industry SRP and cloud services. For the next five years, this type of industry chain is projected to reach maturation at an accelerated pace.

This week, Advantech has invited nine professional enterprises to announce the co-created SRPs. The nine co-creation partners include Fleetivity, ILink IoMT, Nippon RAD Inc. (Japan), Alleantia Srl (Italy), YEONG CHIN MACHINERY INDUSTRIES CO. LTD. (YCM), Etrovision Technology, XMight, AnCAD and P-Square Inc.

For Advantech’s IoT Co-Creation Summit on 1–2 November, 6000 senior executives from the world’s IoT domains have been invited to exchange and share their ideas. The event will include 100 in-depth discussion seminars focused on IoT-related topics. It will also include IoT solutions (AIoT.SRPs) announcements from partners in various industries and innovative applications co-created by partners from key industry domains.

According to Dr Allan Yang, Advantech’s Chief Technology Officer, IIoT solutions must be able to integrate the collection of industrial equipment data based on a variety of standards with edge device management, wireless communication and data analysis. Such solutions must also integrate the creation of visually intuitive reports on cloud platforms, as well as the creation of AI models and their integration with expert knowledge. Since the professional technologies and knowledge required must come from different domains, the co-creation model is truly an effective and mutually beneficial model for realising these outcomes.

With respect to the multifaceted and complex requirements of the IIoT solutions mentioned above, Advantech uses a data-driven architecture incorporated with cloud platform service technologies as its core to create the WISE-PaaS industrial cloud platform. The platform can move across multiple clouds. It offers flexible expansion, multitenancy, superior reliability, multiple database services, AI model training and deployment framework services, visualisation services for dashboards, and multilevel data security/management services. With the WISE-PaaS platform providing a foundation, Advantech and its co-creation partners will work together to rapidly deploy a range of IIoT solutions. By merging with the innovative industrial cloud service business model, the third wave of the digital revolution has officially kicked off to successfully transform our industries.

For more information on the IoT Co-Creation Summit, click here.