The evolution of products into smart, connected devices is significantly transforming the manufacturing sector. The digital transformation is completely refurbishing every activity in the manufacturing value chain from research and development, production, logistics, marketing and aftersales. At the core of this change is IoT powering the concept of ‘smart factory’ that supports the convergence of physical and digital worlds, enabling manufacturers to gain deep, real-time insight into their operations. A recent study by McKinsey states that about $1.2 to $3.7 trillion will be invested in IoT manufacturing technology by 2025.
The manufacturing industry is leading in the IoT space because of the revolutionary ways this connected technology has brought to streamline and simplify various manufacturing processes. Manufacturers are able to realize higher efficiency, automation, customer-centricity and tap into new revenue sources as a result of digital transformation. As smart and connected devices continue to drive manufacturers to innovate faster and create software-enabled products that are intuitive and easy to interact with, manufacturers are looking for IoT solution providers that match their needs.
Keeping that in mind, a distinguished panel comprising of CEOs, CIOs and analysts including Manufacturing Technology Insights’ editorial board has charted out top 10 companies offering tailor-made and efficient solutions for IoT. These companies offer powerful solutions coupled with innovative strategies that can help your business succeed.
We present to you Manufacturing Technology Insights’ “Top 10 IoT Solution Providers – 2017.”