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The Internet of Things (IoT) is often presented as a consumer-focused technology, but using IoT in manufacturing could revolutionize an industry that most consumers never see.

Key Takeaways

  • The amount manufacturers spend on IoT solutions is expected to jump to $70 billion in the next two years.
  • Determining whether to invest in IoT depends on several factors, including the amount of previous investment, the company and the threat of startup disruption.