Rich Hulett, IEEE Life Fellow, discusses the initial challenges and ultimate global success of IEEE Standard 515 and how this consensus standard changed the direction and future of the process industry forever. Represents great example of how a standard can help create the environment for a market.
Standards establish specifications and procedures designed to:
- Improve product compatibility and facilitate interoperability
- Simplify product development, and speed time-to-market
- Improve the reliability of the process, products, and services people use every day
- Provide confidence in new products or technologies through consistent verification of claims.
Footage from the ICCVE Conference, co-hosted with the China National Institute of Standardization in Beijing, China, in 2012.
IEEE 515 Case Study: http://www.ieee.org/education_careers/education/standards/ieee_515_final.pdf