Industrial Internet

Definition

Applying internet technology to transform traditional supply chains.

Historical Background

2010s: industrial internet drove digital transformation.

Example

Online trading, supply chain finance, industry big data. Like a digital bridge.

Formula

Internet Value = f(Connection Efficiency, Transaction Efficiency, Service Efficiency)

Core Concepts

Efficiency revolution driver: reducing transaction costs through internet technology.

Extended Applications

E-commerce: online transactions; supply chain finance: financing, risk management; logistics platforms: ordering, tracking; big data: market analysis; collaboration: supplier/customer management.