Long-term value from Industrial Internet of Things (IIoT)
For those who are unfamiliar, I can recall that, the Industrial Internet of
Things (IIoT) is poised to significantly
improve reliability, production, and customer satisfaction.
According to Research and Markets, in the intermediate term, process improvement
benefits will extend beyond cost savings to identification of entirely new
business models and service offerings as traditional products transform to
services.
Long-term
value from Industrial Internet of Things (IIoT) will be
derived from transforming data (ranging from industrial processes to business
CRM support) into useful insights.
