The Internet of Things (IoT), and its subset Industrial IoT (IIoT), are massively transforming businesses. IIoT technologies that always collect and analyze critical data from equipment, workers and environments, provide companies with invaluable insights to existing operations. This unprecedented degree of visibility facilitates smart decision-making…
Industrial IoT or Industry 4.0 is the new phase in the Industrial Revolution, and it focuses heavily on interconnectivity, automation, machine learning, and real-time data. It will help create a more holistic ecosystem for companies that focus on supply chain management. While each organization operates…
More than one-third of the $1 trillion for digital transformation within the upcoming year earmarked for initiatives in manufacturing. The potential for business benefits is enormous. Manufacturing enterprises are well -placed to surge ahead with digital transformation, thanks to investments in real-time streaming, augmented reality,…
Every metric that relates to the net is amazing. By 2020, “Things” connected to the internet will reach 18 billion to 50 million. World economic contribution by 2025: $2.7 trillion – $6.2 trillion These linked devices generate data annually According to IDC report “Analytics – Unlocking Value From IoT Data” June…
It was impossible to imagine years ago that sensors and chips could be embedded in physical objects. It became possible thanks to the Web of Things. In a short time, this tech has become a key concept for many businesses. The Web of Things has significantly changed…
For manufacturers, the promise of the internet of things (IoT) is tremendous. Mixing factory machines and other gear together with the digital realm can enable them to collect more data, analyze information faster and make better, data-driven business choices. Industrial IoT technology can help your business…