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Manufacturers are profiting from the Internet of Things

May 17, 2017

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A new study shows that manufacturing executives around the world are seeing real effects on productivity and profitability from investing in the Internet of Things (IoT). A year ago, two-thirds of executives surveyed had no strategy for implementing the IoT; now, the same proportion consider themselves IoT-competitive.

“There’s been a dramatic jump in awareness of, investment in, and profits from the IoT,” says John R. Brandt, CEO of The MPI Group, which conducted the study.

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