What are the benefits of e-transforming your usual factory to a smart factory? - if that is your question, this article will give you a comprehensive overview covering the what-why-hows and more ! Steam engines, assembly lines & computers..What do they have in common?
IoT in the recent tech trends & manufacturing as a industry are seeing their best days in recent times. If your plan is to make the best of both worlds by introducing IoT in manufacturing business, you’re about to get hours worth of research paired with expert development team’s hands-on experience - all in one place.
Earlier what was called machine to machine was merely an idea and now IoT which is a giant network of connected things is no longer a nascent dream. McKinsey predicts the IoT market will be worth $581B for ICT-based spend alone by 2020, growing at a Compound Annual Growth Rate (CAGR) between 7 and 15%. According to Statista, for 2020, the installed base of Internet of Things devices is forecast to grow to almost 31 billion worldwide.
Technology is everywhere and it is changing the way we live, learn and work! From cars to dishwashers, daily use items are becoming connected devices and smartphones are becoming a complete remote control to life . According to Statista, the installed base of “Internet of Things” devices is forecast to grow to almost 31 billion worldwide. Today, Internet of things is transforming various industries and the realm of education is no exception to IoT’s influence.