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…
The Internet of Things (IoT) and the Industrial Internet of Things (IIoT) are transforming manufacturing today, addressing the increasing demand for product customization, and changing customer expectations, especially surrounding the challenges associated with global supply chains and worries regarding cybersecurity. 86 % of manufacturers have…
Connected technology is seamlessly transitioning from our homes and offices and now into our factories, warehouses and transportation hubs; this occurrence is now known as Industrial IoT (IIoT). Industry 4.0 In layman’s terms, the industrial internet of things (IIoT) is the use of smart sensors…
The IIOT represents the fourth industrial revolution. “To link or not to connect…?” ; sooner or later, you also might have to think about this. The IIOT will literally link every company in the production chain to each other. Technology will no longer be simply…
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….