Lowering the costs of production and operations, creating new revenue streams, and increasing customer satisfaction and loyalty are all paths to greater success and profit.

The Internet of Things (IoT) is more than the latest buzzword in technology. It’s a real game-changer that can create business value from previously hidden data, especially for manufacturers.

The Industrial Internet of Things, or IIoT as it is more commonly referred to, is the industrial framework that allows the efficient use of IoT devices in various manufacturing and industrial processes.

The manufacturing industry is steadily growing, thanks to new technology and lean manufacturing processes along with a strengthening economy.

The human population was estimated to be 7.6 billion at the turn of the year, using an estimate 8.1 billion devices connected to the Internet.

Technology is always changing and there are trends which you need to know to shape and transform your business to evolve with the change.