Global Industrial IoT (Internet of Things) Market to Grow at a CAGR of 26.56% over 2015-2019
Industrial IoT, also called as Industrial Internet or Industry 4.0, is a network of physical devices, sensors, and machines connected to the Internet for effective communication of data. It helps in monitoring and controlling industrial operations from a remote location. Advanced analytics is applied to the vast amount of data generated by connected devices that help in making intelligent decisions with powerful insights. Industrial IoT helps enterprises to reduce unplanned downtime, improve machine efficiency, optimize business processes, and improve working...
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