Interesting thoughts and visuals on the topic.
IIoT platforms: The technology stack as value driver in industrial equipment and machinery
Equipment and machinery companies considering a transformation to embrace the Industrial Internet of Things (IIoT) need to develop a clear perspective to drive impact at scale....
" ... Seeing the limits of hardware-driven growth, industrial equipment and machinery companies are looking to the Industrial Internet of Things (IIoT) to develop new customer-oriented, revenue-boosting business models. On the operations side, IIoT could increase production efficiency. Whether the focus is on revenue from new business models, savings from more efficient production, or both, digital-enabled advances in manufacturing require IIoT transformation. ... "
In McKinsey
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