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Gartner predicts that by 2025, 50% of industrial enterprises will use industrial Internet of Things (IIoT) platforms to improve factory operations, up from 10% in 2020.
Equipment manufacturers that haven’t adopted IoT now compete against companies that do. Those competitors have significantly different cost and revenue structures, which lets them offer their customers a more flexible range of purchase options and service programs that operate more efficiently.
Is your company ready for IoT?
Read on to learn about 6 IIoT myths that may be standing in the way of your organization’s success.