The Industrial Internet of Things (IIoT), is a major trend driving the next stage of the manufacturing industry, known as Industry 4.0. IoT is all about the enhancement of business processes and solutions with sensors, devices, gateways and platforms. By gathering all their data in one place, manufacturers can make intelligent decisions and design more efficient processes. This allows them to meet the rising demand for high-quality, customized goods at a lower cost, with faster turn-around times.
IoT isn’t simply about gathering data. Data also needs to be analyzed and enriched to deliver insights businesses can act upon. This is where artificial intelligence, robotic process automation, and analytics come in. Intelligently designed software uses these tools to uncover hidden trends, optimize business processes, and support workers.