The Internet of Things (IoT) is transforming industrial spaces across the globe through digitization of once manual processes. Enterprises that embrace digital transformation are benefiting from increased productivity and higher quality output.
Although digitization concepts are mature, Schneider Electric research reveals that only 15% of companies have deployed IoT technologies to support industrial applications. However, 40% of companies are piloting new IoT use cases. When Schneider Electric customers are involved, research data is being gathered and analyzed so that deployment of these solutions can help to further optimize business performance.