Embracing Disruption
AI is transforming manufacturing – and investors should pay attention
The “Internet of Things” (IoT) has made strong progress over the past decade, with connected devices now commonplace across both households and industry. However, in terms of the promises of IoT translating into tangible productivity gains, we have seen some bumps in the road to wider adoption, not least among systems providers seeking sustainable models for monetizing this quickly developing technology. Despite this, the last three to five years have seen a genuine increase in take-up, both in terms of domestic devices such as connected doorbells that are now commonplace, but also across industry and manufacturing, where the promise of artificial intelligence (AI) is driving both the development of innovative solutions and their adoption across a growing number of companies.