4 Ways the Internet of Things will Transform Industrial Manufacturing

By Satya Ramaswamy, Vice President & Global Head of TCS Digital Enterprise at Tata Consultancy Services on October 14, 2015.While many industries already have seen massive benefits from Internet of Things technology, one stands out as taking full advantage—industrial manufacturing. According to a recent survey from Tata Consultancy Services, industrial manufacturers are the rock stars of IoT. Among the 13 industries examined in the TCS Global Trend Study 2015, industrial manufacturing achieved the highest revenue gain from their IoT initiatives last year, coming in at 29 percent on average. What’s more, industrial manufacturers forecast that by 2018, they’ll see the largest revenue increase thanks to IoT, compared with all other industries.