How to recognize Industrial Internet of Things

Even now, in the post-industrial world, industry remains the biggest requester — and consumer — of progress. In the connected world, it is manufacturing that invests the most in IoT ($189 billion in 2018) as compared to transportation ($85 billion) and utilities ($73 billion) (see IDC Research). Consumer IoT spending are estimated to reach only $62 billion. Similarly, Bain & Company predicts that industrial…