The IoT in manufacturing industry also known as Industrial Internet of Things (IIoT) has vast implications on manufacturing operations ranging from production to customers. Worldwide manufacturers are investing in IoT technology to collect and analyze critical business data gathered from various sources such as customers, production, and supply chain. As a result, it helps them in optimizing the efficiency of their manufacturing operations and enhancing functionality of products.
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The most essential feature of the IoT-enabled manufacturing business is the connected value chain. In order to make real-time decisions, manufacturing facilities must have integrated processes and materials to generate the necessary data.