Smart Factories: the new reported published by DTI

How can manufacturers realize the potential of digital industrial revolution – investments that manufacturers are making in smart factories are set to deliver benefits of up to $1,500 billion over the next five years. Investment levels vary widely between industries, but it is notable that automotive is one of the most bullish sectors in this domain.

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Unlocking the Business Value of IoT in operation

The Internet of Things (IoT) has huge promise and potential. In 2016, global spending on IoT reached $700 billion and is expected to reach 1.3 trillion by 2020. Another estimate suggests that IoT is expected to add $1.7 trillion to the global economy by 2019.

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