IoT isn’t just part of the future of manufacturing; it’s the foundation

Hardly any industry has been spared of the seismic effect of digital transformation. One of the disruptive innovations with versatile usage across fields – be it technology or healthcare  is the Internet of Things (IoT), which connects physical objects to the web. However, due to the popular notion of IoT being consumer-focused  powering smart homes and similar gadgets  we have often failed to understand that the biggest impact may be in the so-called Industrial Internet of Things (IIoT). In fact, various manufacturing innovators are already working to allow machines and equipment to communicate by gathering, receiving, and distributing information. And with the arrival of compact and cheap sensors, together with high-bandwidth wireless networks, this has never been easier. Companies can leverage powerful analytical systems in workflows and utilize real-time data to significantly boost the quality of their products, while decreasing costs.