Needless to say, Industrial IoT (IIoT) or Industry 4.0 is gaining momentum among manufacturers across the globe. This article gives a review of IIoT in 2023 and looks at what can be expected this year.
Needless to say, Industrial IoT (IIoT) or Industry 4.0 is gaining momentum among manufacturers across the globe. IIoT refers to the use of IoT technologies to make production safer, more efficient and cost-effective. This article gives a review of IIoT in 2023 and looks at what can be expected this year.
Looking back, the IIoT market grew in 2023 due to various drivers. “We can look at 2023 as another year of IoT market growth, albeit in a smaller percentage than in 2022 and with many ups and downs. However, the industrial application of IoT technologies is clearly increasing,” said Christian Salvatori, CTO of Brochesia. “This growth is driven by perceived benefits such as efficiency, effecti...
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