Like any other aspect of IoT, the ability to gather real-time information can change how a company operates. It makes them more efficient, safer and allows them to offer better service to their customers. This definitely applies to the world of Industry.
By allowing 2-way communication with devices, both those in a factory and those that are remote, companies can truly see how things are going. This may be the status of machines, the location of a key asset or the current health of a remote employee. In addition, this information can be easily “crunched” to see trends both in real-time and historically.
In a world where pennies can make the difference between a successful offering and one that fails, IoT allows all Industries to change the way they do business.