As the applications of industrial IoT is gaining rapid momentum, manufacturing companies all over the world find themselves striving to incorporate the same into their enterprise structure to leverage productivity, scalability, and cost-effectiveness. With the arrival of smart factories, the IIoT boom has accelerated the current wave of the Industrial revolution Many innovative companies are implementing IIoT by leveraging intelligent, connected devices in their factories with IIoT holding the potential to unlock $6.2 trillion in potential economic impact by 2025.
IIoT technology is already paving the way for next-generation manufacturing by enabling the acquisition and accessibility of far greater amounts of data, at far higher speeds, and far more efficiently than ever before. With many organizations currently progressing from making investments in digital infrastructure to investing in digital literacy, it is expected that the curve of investment in IIoT will bend towards analytical capabilities. Moreover, via sensors and real-time monitoring, IIoT technology is enabling the manufacturing industry to implement effective predictive maintenance strategies thereby avoiding more costly damage and downtime. Enterprises have also started leveraging publicly verifiable technology such as blockchain to build secure and interoperable systems for IIoT that will support the exponential growth of connected devices for years to come.
Our distinguished selection panel comprising CEOs, CIOs, CFOs, industry analysts, and Manufacturing Technology Insights editorial board have thoroughly analyzed the industry and recognized the key players. We present to you, Manufacturing Technology Insights’ “Top 10 Industrial IoT Solution Providers – 2018.”