04262018Thu
Last updateThu, 26 Apr 2018 2pm

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Manufacturing & The Economy

60% of Manufacturers Testing Industrial Internet of Things Programs

Manufacturers are convinced the Industrial Internet of Things (IoT) will help them improve operations and profitability by 10% or more, but most are struggling to develop the right plans to take advantage of the technology, according to a new IndustryWeek survey sponsored by Emerson.

The survey revealed that about 60% are exploring or investing in Industrial IoT pilot projects, but only 5% are investing against a clear business case for how to best implement the technology. The vast majority of Industrial IoT investment today is in the early stages of plan development and small-scale trials, often as part of a larger operational efficiency program. 

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