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How Global Leaders Are Leveraging the Enterprise Industrial Internet of Things (IIoT)

August 26, 2019 / OWEN HUANG

Today, we can see the Internet of Things-based devices all around. It’s an emerging technology that consists of a network connecting our gadgets and allowing them to communicate with each other. Most of us probably own such devices, and some have even turned their homes into smart mini-ecosystems, which are self-sustained and semi self-sovereign. We often hear of consumer-based IoT, as it’s what we use most. However, the Internet of Things market revenue worldwide is $212 billion, and it consists of something more. The emerging technology has taken over a number of industries and has even made its way into manufacturing processes. You might have heard of “Industrie 4.0“, also known as the fourth industrial revolution. It promises to combine the worlds of production and network connectivity. Industrial Internet of Things (IIoT) can make that a reality.