Industrial Internet of Things (IIoT) Market Advanced Technology and New Innovations by 2023 – Cisco Systems, General Electric, Intel

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The industrial Internet of Things (IIoT) is a part of the large IoT network that is linked to intelligent devices, computers, and objects, which helps collect and share enormous amount of data. IIoT aids to greatly improve the efficiency, connectivity, scalability, cost, and time savings. Further, predictive maintenance, improved safety, and other operational efficiencies of IIoT has benefitted the industrial organizations. The IIoT network enables these organizations to connect to their workers, data, and processes from factories to the executive offices. This helps in better decision making for the organization as a whole.
The IIoT is broadly considered as one of the primary trends that affects the industrial businesses. The industries are pushing to modernize the systems and equipment to meet the new regulations and for dealing with the disruptive technologies.
Major Key Players of the Industrial Internet of Things (IIoT) Market are:Cisco Systems, General Electric, Intel Corporation, Rockwell Automation, ABB, Texas Instruments, Dassault Systèmes, Honeywell International Inc., Huawei Technology Co., Ltd., and International Business Machines Corporation (IBM).

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