CoaXPress Integrates Machine Vision into the Industrial Internet of Things
- Published: Tuesday, 25 April 2017 15:37
According to market research, there will be nearly 26 billion devices on the Internet of Things by 2020. While the consumer end of the IoT has been the primary focus of attention, the manufacturing subset of the IoT, known as the Industrial Internet of Things or the IIoT, will witness even more spectacular growth. Manufacturing companies are expected to spend $500 billion a year by 2020 on IIoT technology, and generate value of $15 trillion annually by 2030.