Industrial Internet of Things (Industrial IoT or just IIoT for short) uses Internet of Things technology to assist in improving modern manufacturing and industrial procedures. These processes increasingly require connected apparatus to perform their tasks effectively. Data generated over the Web of Things is growing…
Companies large and small are utilizing this technology to automate routine procedures, analyze business operations and enhance quality control. The same is true of the manufacturing sector. Global manufacturers are on track to spend $70 billion in the Internet of Things solutions by the year…
A high percentage of machine or equipment manufacturers are trying to offer new services to their customers to enable additional revenue streams, and Industrial IoT technology provides a way to accomplish that goal. Industrial machine manufacturers have been performing data analytics for years–since the 1950s….