Here is why major multinational companies (MNCs) heavily invest in Internet of Things (IoT) and industrial IoT (IIoT)

North America, APAC and Europe are home to major multinational companies (MNCs) that are making significant investments in IoT and industrial IoT (IIoT) in an effort to increase productivity, enable product tracking throughout their life cycle, and to deliver high quality products. 

In effect, currently major and emerging economies are undergoing major technological advances and expansion in the industrial sector. 

This momentum leads to efficient monitoring of their productivity processes to stay in line with competitors worldwide. Achieve high standards of industrial safety and energy efficiency.