The Internet of Things (IoT) enables manufacturing companies of all sizes to use real-time data to improve the efficiency of their operations. With IoT devices, manufacturers can collect data faster and easier than ever before. Smaller, more reliable, and more intelligent sensors for virtually all types of assets and operations are becoming more readily available at affordable prices.
But the real power of this disruptive technology lies in analytics that provides a new level of business intelligence. Modern software tools support data collection from IoT devices by analyzing real-time readings—so manufacturers can react faster and use that data efficiently to make improvements in operations.
Other industries—from healthcare to energy to transportation—are also harnessing the power of the IoT. Manufacturers would do well to pay close attention to these trends now. Learn more about the Internet of Things in Manufacturing through this Blog.