The Next Industrial Age: The New Revenue Sources that the Industrial Internet of Things Unlocks
The productivity boost that results from factory machines and industrial goods communicating with each other and their surroundings is one of the massive benefits from the Industrial Internet of Things (IIoT). The marriage of big data analysis and industrial engineering that IIoT unlocks offers a radical new way to make and think about products and to operate assets and facilities.
But that's just the tip of the iceberg.
While smarter machines will usher in a new industrial age that produces broad, rippling productivity gains for the entire global economy, we will dive into the new business models and revenue opportunities that the IIoT unlocks those involved in manufacturing, mining, agriculture, oil and gas, utilities, warehousing, transportation and logistics.