Could it be that the Internet of Things is actually under-hyped? Yes - it could have a total economic impact between $3.9tr and $11tr a year by 2025, including $410bn to $1.2tr per year in retail environments.
The rise of the Internet of Things (IoT) has brought with it increased focus on "connected products." As manufacturers work to retrofit existing products with connectivity and build it into new products, they are faced with the question of how these connected products will transform the after-sales services they provide, and possibly even their business models.
The manufacturing CIO has long been associated with managing new technology implementation, strategic IT planning and keeping tabs on the latest solutions that could boost productivity. The job entails much more than that today.
The latest news, analysis, trends and solutions for cloud, software as a service (SaaS) and on-demand systems and their impact on supply chain management. New technologies in cloud computing are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of cloud computing and on-demand systems for supply chain management.
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