By placing sensors into products, we now change the
product to become a “smart, connected” product,
and let loose a new industrial revolution era. But
connectivity into this data-rich infrastructure allows
analytics-based information to flow across a complete
supply chain, from design, to manufacturing, to
distribution, to consumption. Consequently, the
IoT will enable better manufacturing processes
to be established with higher asset utilization,
better reliability, and new and rapidly deployed
functionalities and capabilities. Outbound marketing
and after-sales services will be changed forever in
companies. However, the biggest change IoT brings