Manufacturing Insight

How the Internet of Things is revolutionizing manufacturing

Business Insider published an article in October 2016 authored by John Greenough entitled "How the Internet of Things is revolutionizing manufacturing." The article reveals "The Internet of Things (IoT) is changing business models, increasing output, and automating processes across a number of industries. But no other sector has been more impacted by this technological revolution than manufacturing.Manufacturers across all areas —automotive, chemical, durable goods, electronics, etc. — have invested heavily in IoT devices, and they're already reaping the benefits. Manufacturers utilizing IoT solutions in 2014 saw an average 28.5% increase in revenues between 2013 and 2014, according to a TATA Consultancy Survey. Manufacturers across all areas —automotive, chemical, durable goods, electronics, etc. — have invested heavily in IoT devices, and they're already reaping the benefits. Manufacturers utilizing IoT solutions in 2014 saw an average 28.5% increase in revenues between 2013 and 2014, according to a TATA Consultancy Survey." 

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  • Keywords:
  • IoT
  • devices
  • automotive
  • chemical
  • durable
  • goods
  • electronics