The Future Of IoT
OpenSource For U, Wednesday, December 20,2023
IoT (Internet of Things) and IoT devices are evolving to enhance productivity and efficiency in a range of industries, as well as ensure more security of data.
The human lifestyle evolves with each social, economic and technological revolution. In recent times, Industry 4.0 has harnessed technology (including cloud platforms, IoT-connected devices, blockchain-enabled crypto transactions, and digital twins) to enhance mass production. One drawback of Industry 4.0 adoption is its focus on either efficiency or productivity. In an efficiency-driven solution, the aim is cost optimisation, resource management, and waste reduction. In a productivity-driven approach, the focus in on reducing time to market and operational overheads.