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The Industry IoT Consortium (IIC) (previously the Industrial Internet Consortium) is an open-member organization and a program of the Object Management Group (OMG). Founded by AT&T, Cisco, General Electric, IBM, and Intel in March 2014, with the stated goal "to deliver transformative business value to industry, organizations, and society by accelerating the adoption of a trustworthy internet ...
Cisco Systems, Inc. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware , software , telecommunications equipment and other high-technology services and products. [ 4 ]
A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Essentially, global supply chain-management is the same as supply-chain management, but it focuses on companies and organizations that are trans-national. Global supply-chain management has six main areas of concentration: logistics management , competitor orientation, customer orientation , supply-chain coordination, supply management , and ...
Time: The time lags present in the supply chain, from supplier to user at every stage, requires that you maintain certain amounts of inventory to use in this lead time. However, in practice, inventory is to be maintained for consumption during 'variations in lead time'. Lead time itself can be addressed by ordering that many days in advance. [5]
According to Lonergan, the term IoT was coined before smart phones, tablets, and devices as we know them today existed, and there is a long list of terms with varying degrees of overlap and technological convergence: Internet of things, Internet of everything (IoE), Internet of goods (supply chain), industrial Internet, pervasive computing ...
Cisco's product was developed in their garage and was sold beginning in 1986 by word of mouth. In their first month alone, Cisco was able to land contracts worth more than $200,000. The company produced revolutionary technology such as the first multiport router-specific line cards and sophisticated routing protocols , giving them domination ...
Figure 1: MRP ring in Ring-Closed status Figure 2: MRP ring in Ring-Open status. Media Redundancy Protocol (MRP) is a data network protocol standardized by the International Electrotechnical Commission as IEC 62439-2.