(MIT Sloan Executive Education: Cambridge, MA) -- The use of internet of things (IoT) technologies in manufacturing—known as the industrial internet of things (IIoT)—has been heralded as a way to improve operational efficiency by correcting inefficiencies and identifying problems sooner. Ultimately, this will also lead to more rapid supply chains and greatly enhanced customer satisfaction. In many ways, the IIoT stands to revolutionize manufacturing, from behemoth organizations down to mom-and-pop manufacturing shops. This is why IIoT is often referred to as the “4^th Industrial Revolution.”

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