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Industry News
2nd May 2017

Manufacturers increase use of Internet of Things

The Internet of Things (IoT) is driving productivity increases: 72 percent of manufacturers saw increases in productivity and 69 percent saw improved profitability in the past year. According to The MPI Internet of Things Study, sponsored by BDO, half of plant production and equipment processes are already being managed via the IoT, and that number is set to climb. Findings exclusive to BDO reveal, however, that many manufacturers are leaving cybersecurity and R&D financing out of their IoT strategies — if they’ve built a strategy at all.

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