IoT is now аn integral part of many industrial enterprises. Applied in fields like agriculture, manufacturing, healthcare, transportation, and the energy industry, to name a few, it is one of the main drivers of digital transformation. In a Forbes article posted back in 2016, General Electric’s former CEO Jeff Immelt called the IIoT “beautiful, desirable, and investable”.
As of today, the IIoT giant Accenture has predicted that the Industrial Internet of Things will add $14.2 trillion to the world’s economy by 2030.