Companies need to adapt to developments involving the Internet of Things (IoT), smart manufacturing, and the rise of a younger workforce. Doing that, however, will require many changes from a cultural standpoint.
Industry leaders within manufacturing have already set in motion the idea of a fourth industrial revolution, or Industrie 4.0, and the Internet of Things (IoT) will play a major role in how manufacturing changes.
Researchers at MIT have been working on making microelectromechanical systems (MEMS) cheaper by developing a fabrication device that sidesteps many of the requirements that make conventional manufacturing expensive.
Cisco's survey on digital readiness suggest that information technology (IT) leaders around the world are not yet convinced of the industry’s ability to drive digital transformation, which is bad news for the Internet of Things...