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Our site is intended to educate, inform, and to serve as a hub to get inspired and sharing your experience with us. It is crucial to me that it is helpful to you. So, if you have any ideas you would like to share, things you want to learn about, or, just want to leave a message, I invite you to do so.

1. Hourly downtime impacts the majority of businesses, with 98% saying that it may cost them $100,000 or more per hour.
2. Predictive maintenance could decrease expenses by 20%.
3. Predictive maintenance can help avoid unplanned outages by up to 50%.
4. 72% of large companies require 99% minimum uptime.
5. Electronic manufacturing is expected to grow by roughly 8% by 2025.
6. 50% of IoT spending is projected to be focused on transportation, logistics, and discrete costs.
7. 40% of IoT customers prefer doing business with a pre-established company.
8. 63% of companies believe that investing in IoT devices will increase profitability.
9. 3/4 of companies will have digitized their supply changes by 2021.
10. Close to one third of companies have already implemented IoT into their devices.