Industrial IoT – How manufacturers will optimise performance and maximise opportunities

Optimise performance in manufacturing with industrial IoT.

Global manufacturing faces an increasing set of challenges in growth, innovation and competition. Globally, gross domestic product (GDP) was at US$30.69 trillion in 1995. By 2014, global GDP reached a new peak at US$78 trillion. As a percentage of global GDP, manufacturing dropped its share from 21.4% in 1995 to 14.7% in 2014. In real terms, manufacturing grew, and yet the rate of growth was substantially less than that of the global economy.

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