The Internet of Things (IoT) is a massive ecosystem with two devices installed for each of the eight billion people on the planet. It is projected to double by the end of 2030 with an estimated 29.42 billion connected IoT devices installed worldwide. This transformative technology has already brought much-needed innovation across industries that many believed would never benefit from the digital revolution like agriculture, manufacturing, or physical retail. Tesla is leading the way, defining many leading-edge industrial IoT trends. They view a factory as a product rather than a mere building and have acquired firms like Grohmann Engineering, a multi-disciplinary German automation platform. Many cities around the world have started to use IoT in various ways.
Related Posts
