Industrial Internet of Things (IIoT) Market - Reduction of Machine Downtime and Improved Productivity Boosts Growth
Despite a fragmented and competitive vendor landscape of the global industrial internet of things (IIoT) market, a handful of companies such as General Electric Company and IBM Corporation have established themselves as leaders herein, says a new publication by Transparency Market Research (TMR). The focus of leading companies, in order to maintain their foothold, is to leverage innovative technologies to provide IIoT solutions. These players are also considering carefully crafted partnerships and acquisitions to expand their service offerings and to...
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