DECEMBER 20206 MANUFACTURING TECHNOLOGY INSIGHTSFor years, even though a wide array of IoT applications have had transformational effects on various industries while capturing the public's attention, they are not where IoT technology's real application lies. Industrial Internet of Things (IIoT) is the actual call of the hour that accounts for the maximum share of today's global IoT spending.To survive in today's hyper-competitive business environment with highly disruptive technologies, companies are heavily investing in IIoT to increase growth and maximize productivity. IIoT is opening boundless opportunities in automation, optimization, and asset performance management while uncovering newfound ways of servicing customers to create new revenue models. Alongside, IIoT solutions are increasingly proving fundamental to enhance asset reliability by delivering real-time, intelligent, and actionable data to connected systems. The technology also has the potential to drive efficiency and improve operating costs across multiple industries, including manufacturing, oil and gas, and mining. The IIoT revolution not only connects the unconnected operational efficiency of a company but also dramatically improves the way people work by connecting them directly to their work environments. Furthermore, the interconnectivity of devices under the IIoT umbrella will enable organizations to exchange data with analytics programs that can effortlessly orchestrate different workflows and operations on the fly. Insightful analytics and the informative data captured by IoT devices empower businesses to optimize in never-before-seen proportions. With an extensive understanding of the latest developments in IIoT, we hope this edition of Manufacturing Technology Insights will provide you with the best-in-class IIoT solution providers and consulting service companies to help you steer through one of the most fundamental parts of the fourth industrial revolution. Leafing through these pages will give you comprehensive insights on how IIoT is transforming business operations and positively impacting business results. We hope this edition will help you make the right technology choices for the deployment of new capabilities. Let us know your thoughts!The Highway to Smart IndustryEditorialCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Contact Us:Phone:510.936.8381Fax:510-894.8405Email:sales@manufacturingtechnologyinsights.comeditor@manufacturingtechnologyinsights.commarketing@manufacturingtechnologyinsights.com December - 14 - 2020, Vol 06 - Issue 33 (ISSN 2644-2493) Published by ValleyMedia, Inc. To subscribe to Manufacturing Technology InsightsVisit www.manufacturingtechnologyinsights.com Editor-in-ChiefLaura DavisEditorial StaffSalesVisualizerRonald DonovanAnnie Mathewsannie@manufacturingtechnologyinsights.comAva Gracia Peter ThomasRose DcruzAaron PaulTECHNOLOGY INSIGHTSTECHNOLOGY INSIGHTSLaura DavisEditor-in-ChiefManufacturing Technology InsightsWrite to useditor@manufacturingtechnologyinsights.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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