The industrial sector is facing growing pressure to meet the rising demand for goods and energy. To meet these demands, implementation of Industrial Internet of Things (IIoT)-enabled tools can be instrumental in helping to increase production by improving plant connectivity, efficiency and scalability. IIoT leverages connected assets, secured cloud-based data and advanced analytics to enable new way to optimize business results.
The 2019 IIoT Thought Leadership Study1 found that 70 percent of industrial executives surveyed have invested significantly in IIoT at their facilities and 94 percent have cited improvements to business productivity. The study polled 600 U.S. business professionals in senior roles, including C-suite executives, senior vice presidents, vice presidents and directors, across six industrial industries.