March 16, 2020
Sponsored by Avnet
The Internet of Things (IoT) is the evolution of machine-to-machine (M2M) technology that facilitates the interconnection of sensors, machines, IT systems and management platforms to enable the “smart world” around us. The leading technology behind this latest industrial revolution—Industry 4.0—IoT, is signalizing major changes and disruptions in both the internet and manufacturing industries. Wireless networks, sensor technology, and cloud-based and real-time computing make it possible to collate and analyze data across machines to make processes faster and more efficient. However, installing a system to monitor machines is only a first step. To capitalize on IoT, manufacturers need to make systemic changes across the organization.
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