IT/OT integration has changed the way manufacturers embrace new business models, with both cloud-based Industrial Internet of Things (IIoT) platforms and edge-based on-premises computing empowering transformative technologies. By deploying these platforms and technologies, manufacturers will find holes in the market for new revenue streams. Manufacturers will use new forms of connectivity, augmented reality (AR), artificial intelligence (AI) and collaborative, synchronized robotics to re-shape their workforces, improve the quality of their products and extend the useful lives of their equipment.
This quarterly update provides a peak into future market opportunities and threats. The strategic guidance here empowers visionaries to take advantage of transformative technologies. With 42% of managers ranking “improved data management” among their top three most desired outcomes of applying transformative technologies to manufacturing organizations, how will they do this and build new business models based on this data?
Table of Contents: