Home > Internet of Things (IoT) & Data Analytics > The Internet of Things (IoT) in Factories, Robotics and Equipment

The Internet of Things (IoT) in Factories, Robotics and Equipment, Business and Industry Trends Analysis

IoT will enable many industries to meet goals that are vital in today’s evolving global economy. This includes rapid changes in factories, and new revenue sources for manufacturers of equipment.

On the factory floor, automation is the driving trend today. Factory managers want to get the highest level of error-free output with the lowest number of employees. This means that robots completely take over some tasks, but work closely with human workers as “cobots” in others. It also means highly efficient supply chains and parts inventories, as well as rapid movement through distribution to end customers. All-in-all, this adds up to optimum lean production, which puts a well-thought-out factory in an excellent competitive position.

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