Manufacturers are bullish in their assessment of IoT’s potential. For example, 67 percent of companies in the industrial manufacturing sector have an ongoing smart factory initiative.

"Industry 4.0 is a concept where (based on some framework) an entire manufacturing factory can be transformed to an IoT-based factory." "The end-to-end integration of information from conceptual ...

With the efficiencies, cost savings and advantages technology brings, manufacturers need to have a strategy for technology adoption to keep pace with the industry.

The NIST reference architecture for IoT, introduced in May 2024, provides a structured approach to secure onboarding, ...

Factory setting is expected to be the largest beneficiary by generating around $1.4 trillion to $3.3 trillion by 2030, or 26% of the total value. Lastly, the perceived value of IoT, the ...