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Concurrent Engineering Blog

How the Internet of Things is Changing Manufacturing

Posted by Emma Rudeck on 24-Jul-2014 13:36:00

To Google is a verb, there is always a smartphone within a foot of you and now it’s nearly impossible to last a day without coming into contact with something connected in a smart way. The Internet of Things (IoT) is now a concept that is coming into practice – the idea that everyday objects like fridges have network connectivity. With this change comes a huge change in the manufacturing industry. According to a Mckinsey Global Insitute Report, by 2025 80-100% of manufacturing companies will be using IoT applications in their processes. There is a revolution coming and if you want to be on the right side, driving that change within your industry, read on. The effects of IoT can be hugely beneficial for your company, but there are also some things that will need considering.

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