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Industrial Internet-of-Things (IoT) startups impact manufacturing and supply chains

By VentureOutsource.com Staff

With connected devices like Nest and Sonos breaking into the mainstream, the IoT has become one of the most-discussed tech trends of the last twenty years. But the IoT extends well beyond the home and consumer-level gadgets. Asset-heavy industries like manufacturing, logistics, mining, oil, utilities and agriculture have also begun to apply IoT systems to improve efficiency and results reports CB Insights.

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With machines and specialized sensors collecting data at every step of production, the potential gains from the Industrial Internet of Things (IIoT) are enormous. Just in 2016 alone, startups bringing digitization to industry saw more than $2.2B of investment. Read more articles on IoT manufacturing and connected devices.




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