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

    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
    Two trends in sustainable manufacturing

    Two trends in sustainable manufacturing

    Sustainable manufacturing is still a big topic in this industry! Everyone is talking about how to be greener and more efficient.  Going green is not only good for the earth, it could be great for your...

    Manufacturing News
    Three predictions for manufacturing in 2020 and beyond

    Three predictions for manufacturing in 2020 and beyond

    2020 is officially here! Happy New Year! With the turn of the century comes new predictions for what will happen next in manufacturing.  Here are three! 1. Wearables The use of wearables in the manufa...

    Manufacturing News
    A crash course in automated metrology

    A crash course in automated metrology

    As manufacturing changes, so are manufacturing terms! New vocabulary is constantly being created in this field as it becomes more advanced. Have you heard of automated metrology yet? Quality Magazine ...

    Manufacturing News
    Recent manufacturing metrics for the US and China

    Recent manufacturing metrics for the US and China

    In global manufacturing news, metrics show that manufacturing in China is expanding. Meanwhile, numbers show that the US manufacturing market contracted last month.  This news is especially interestin...

    Manufacturing News
    How manufacturing is working toward sustainability

    How manufacturing is working toward sustainability

    Many manufacturing companies are jumping on the eco-friendly train and trying to reduce their impact on the environment.  CSO Magazine said, "It’s clear then that CEO activism to meet the consumer eco...

    Manufacturing News