The production of Northeast Ohio could increase substantially over the next seven years if it includes the Internet of Things or the IoT.
The industrial IOT is the place where the computer devices are embedded at each stage of the production process.
The NEO team of lawyers has developed a roadmap for the region, detailing its strengths and weaknesses, with and without IoT.
Jacob Duritsky is Vice President of TeamNEO Strategy and Research.
"There is a lot you can do with very little input. Think about the future. Do not think that you have always done something in a way that is sustainable and that is what you need to keep. Keep trying to find new ways to distinguish your own. products to be competitive worldwide. "
Duritsky says that the industrial IoT could increase its economic contribution to North-East Ohio from $ 4 billion to $ 13 billion.
Manufacturers can find the report below as well as the free IOT Readiness Assessment at the end of the report.