Utilizing the internet of things can be a total game changer for manufacturers. Forbes said, "Looking to leverage the latest technological solutions in the manufacturing process has allowed companies of various sizes to thrive and compete in the global market. It is in any company's best interest and competitive advantage to choose the most efficient and productive way to produce goods." Connecting your machines to real-time analytics can give you an edge by drastically improving your efficiency and reducing downtime. IoT can also be helpful for other tasks like managing your inventory or monitoring your assets.
You may be aware how tech companies, particularly Amazon, are transforming store shelves worldwide by coming the digital aspects of their online store with easy pick up. How literally, shoppers can just purchase items with the click of the mouse and pick them up in stores without waiting in huge lines. You may also be aware of various delivery methods, such as drones making headway in this regard. However, it isn't just shopping that is becoming digitized or innovative, but the whole process of manufacturing is as well. Manufacturing is a hot topic because it has been a scourge of debate among politicians around the world with local jobs being outsourced in favor of cheap labor overseas and technological innovations "taking over jobs" so to speak. Read More