Automation, Controls and Technology News — Internet of Things
Smart Manufacturing Market to Reach $284bil in 2025
A new MarketsandMarkets report entitled "Smart Manufacturing Market by Enabling Technology (Condition Monitoring, Artificial Intelligence, IIoT, Digital Twin, Industrial 3D Printing)" suggests that this segment of the manufacturing market will reach a value of 214.7 during 2020, and grow at a CAGR of 12.4% from 2020-2025, leading to a value of $284bil by 2025. Growth Factors Emphasis on automation in manufacturing processes, adoption of Industry 4.0, increased government support for industrial automation and emphasis on regulatory compliance are a few factors driving the industry's growth. Other factors include a surge in demand for software that improves efficiency and lowers costs, as...
Exploring IIoT in 2020: Growth Factors & Trends
Explore IIoT trends in 2020 and find out what's driving the adoption of Industrial Internet of Things technology.
Do you use IoT at your plant or at home? Comment and share!
Seven things you need to know about IIoT in manufacturing – and its powerful influence
Building to last: the industrial internet of things and sustainability
An inside look at an IIoT-powered smart factory