Start driving decisions with machine data.
Categories:

    Speculation that Internet of Thing (IoT) might represent a market opportunity worth $3 trillion may have been inflated…drastically. Strategy Analytics says that a more realistic valuation would be about $300 billion by 2025. It adds that most IoT deployments are either in the trial phase or in the development phase. In fact, it notes that than north of 70% of current U.S. IoT deployments involve under 500 devices. Whether the number is $3 trillion of $300 billion, what you need to know is that IoT is here to stay. MachineMetrics can help you make the most of your IoT strategy to improve your production efficiencies.

    Recommended ReadThe $3T opportunity that isn’t: IoT opportunity ‘dramatically over-inflated’Source: http://channellife.co.nz

    Suggestions that the internet of things presents a $3 trillion market opportunity are unrealistic and ‘dramatically’ over-inflated according to Strategy Analytics, which says the market is more likely to be around $0.3 trillion by 2025. Read More

    Comments

    Leave a comment

    Subscribe to our mailing list

    Related posts

    Coming back better than ever in the US

    Coming back better than ever in the US

    Times of trouble and hardship can also present tremendous opportunity.  American manufacturing is going through a lot of changes during the COVID-19 pandemic, especially in relation to how we work wit...

    Manufacturing News
    Prioritizing employee mental health

    Prioritizing employee mental health

    Prioritizing the mental health of your employees is always important.  However, it seems to be especially vital during this pandemic. The ways that companies support their employees may need to adjust...

    Manufacturing News
    Two ways you can prepare to work from home

    Two ways you can prepare to work from home

    Have you or your coworkers started working from home yet?  Depending on your role, this may or may not be possible. For many, it's at least possible to work from home part of the time.  For those that...

    Manufacturing News
    Do you have post-coronavirus plans?

    Do you have post-coronavirus plans?

    The novel coronavirus is causing changes all throughout manufacturing. Whether you are temporarily closing, adjusting things a little, or making drastic changes, these days there's one thing everyone ...

    Manufacturing News
    Two ways advanced manufacturing is helping fight the coronavirus

    Two ways advanced manufacturing is helping fight the coronavirus

    The manufacturing industry is playing a huge role in the fight against coronavirus.  This global pandemic is causing businesses to adapt quickly to fill demand and do their part to help.  Here are two...

    Manufacturing News
    Two challenges for manufacturers right now

    Two challenges for manufacturers right now

    Manufacturing is a great field, but as with any business it comes with its challenges. What challenges and struggles have you been facing lately? Do you feel like you're the only one facing them? You ...

    Manufacturing News
    Manufacturing in some areas is back on the rise

    Manufacturing in some areas is back on the rise

    Some parts of the country are showing signs that manufacturing is on the rebound. This could mean that the recent recession in US manufacturing is taking a turn toward the positive.  Here's what we kn...

    Manufacturing News
    Why additive manufacturing is growing in popularity

    Why additive manufacturing is growing in popularity

    Additive manufacturing is becoming increasingly popular.  Why is that? For starters, because it's versatile and can work for so many different types of manufacturing companies.  That is not the only r...

    Manufacturing News
    How will the Coronavirus impact manufacturing?

    How will the Coronavirus impact manufacturing?

    The new outbreak of Coronavirus could cause more than just global health impacts.  It could actually affect economics and manufacturing around the world.  Here are a few reasons why. Factory Shutdowns...

    Manufacturing News
    A look back in manufacturing and technology

    A look back in manufacturing and technology

    It’s 2020 - a new decade!  While we are often looking forward to the future in this industry, it’s also important to look back at where we came from.  Here are a few incredible successes from the last...

    Manufacturing News