4 Ways the Internet of Things is Driving Manufacturing in Europe

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Most European manufacturers will make IoT investments in the next three years, with an eye toward cost-cutting and establishing new value streams. Read on.

Business

4WAYSTHEINTERNETOFTHINGS
ISDRIVINGMANUFACTURING
INEUROPE

60%
IoTiswheretheshopfloor
meetsthetopfloor.
Industrialcompanieshave
implementedIoTinitiatives
Source:IoT:TheKeyforIndustrialOrganizationsintheDigitalAge

72%
IoThasthepowertoimpact
toplinegrowth.
ManufacturerswillincreaseIoT
spendinginthenextthreeyears
Source:IoT:TheKeyforIndustrialOrganizationsintheDigitalAgeSource:IoT:TheKeyforIndustrialOrganizationsintheDigitalAge

50%
SuccessfulIoTtakesavillage.
ManufacturersuseITconsulting
firmstosupportIoTinitiatives
Source:IoT:TheKeyforIndustrialOrganizationsintheDigitalAge

89%
IoTbooststhebottomline.
Manufacturerssaycost
reductiondrivesIoTadoption
Source:IoT:TheKeyforIndustrialOrganizationsintheDigitalAge

Our research predicts that most European manufacturers will make IoT
investments in the next three years.
How can European companies benefit from IoT? Read on.

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