In an ever-more competitive global marketplace, IoT-enabled smart manufacturing (Industrial IoT or IIoT) offers vastly improved visibility into assets, processes, resources, and products, which in turn leads to better decision making, streamlined operations, optimized productivity, and even new business models/revenue streams.

IoT manufacturing technology enables the flow of data and that data lets you remotely monitor and manage processes across your set up, as well as respond to any deviations quickly and in real time. What does this mean in real terms? It means reduced waste, faster production times, and improved speed and quality – in other words, you save time and money by improving performance, while also gaining insights that can provide a healthy boost to the R&D side of things.