The Internet of Things (IoT) is changing business models, increasing output, and automating processes across a number of industries. But no other sector has been more impacted by this technological revolution than manufacturing. Manufacturers across all areas —automotive, chemical, durable goods, electronics, etc. — have invested heavily in IoT devices, and they’re already reaping the benefits. Manufacturers utilizing IoT solutions in 2014 saw an average 28.5% increase in revenues between 2013 and 2014, according to a TATA Consultancy Survey. In this report, we examine the ways the IoT will impact the manufacturing sector. We include forecasts on device shipments, the investments made by manufacturers on IoT
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