Categories: News

Here's the real money-maker for the Internet of Things

Michelin is embedding sensors into its tires for trucking measurements.

Some people call this realm IIoT, the Industrial Internet of Things. In business, it’s not about not getting up off the couch to flip a light switch. It’s about efficiency, data, interconnectedness of systems—and big, big money. According to Accenture, corporations will be spending $500 billion a year on these technologies by 2020.

Usually, new technologies seep into the corporate world through the back door, when employees bring their personal technologies and devices into the workplace (see: smartphones, social media). But in the case of the Internet of Things, it looks like industry will lead the way.

You may not be completely sure why anyone needs to build sensors into, write an app for, and generate data from a waffle iron.

But in the commercial world, when the “things” in question are big, expensive, dangerous, and mission-critical pieces of equipment, the “why” of sensors, data, and apps is screamingly clear.

 

ytech

Recent Posts

Unlock Detailed Vehicle Information with VINDECODERZ

VINDECODERZ offers comprehensive and reliable VIN decoding services to provide users with detailed vehicle information…

6 days ago

Trending Innovations in Auto Repair: How Modern Technology Shapes Service Quality

Table of Contents: Key Takeaways Understanding the Impact of Diagnostic Software Electric and Hybrid Vehicles:…

2 weeks ago

Exploring the Impact of Trigger Kits on Firearm Performance and Safety

Key Takeaways: Custom trigger kits can offer personalization while potentially improving shooting accuracy and performance.…

3 weeks ago

Extending Vehicle Longevity: The Impact of Ceramic Coatings on Car Maintenance

Ensuring a vehicle's longevity requires more than just regular servicing; it encompasses a broader approach…

4 weeks ago

Better Care with Tech: How Skilled Use of Medical Tools Saves Lives

Technological developments in medicine have raised the bar for patient care to an unprecedented degree,…

1 month ago

Choosing the Right Platform: Options for Website Creation

In the digital era, having a website is essential for businesses, organizations, and individuals alike.…

2 months ago