Inspired by the constant need to improve productivity , up to 10 % of manufacturers across 12 different countries including USA , China and the UK are now using the Internet of Things ( IoT ) to create better connected enterprises and gain a competitive advantage in the global market , according to Infor , the New York based multinational software company . The research, which polled manufacturers across 12 different countries, including North America, UK, Germany, France, Italy, China and India, also reveals that IoT is the single biggest business priority for one in ten manufacturers across the world right now, with 28 per cent putting it in their top three. The research suggests that 55 % of manufacturers see the IoT as the best solution for meeting their single biggest business need , which is to generate greater operational efficiencies , whilst striving to obtain new revenue streams from such things as the monetisation of information . In practice , 22 % of manufacturers are now either running a pilot or planning an IoT - related project , with well over a third ( 38 % ) claiming to be investigating its potential for the future .
Inspired by the constant need to improve productivity , up to 10 % of manufacturers across 12 different countries including USA , China and the UK are now using the Internet of Things ( IoT ) to create better connected enterprises and gain a competitive advantage in the global market , according to Infor , the New York based multinational software company . The research suggests that 55 % of manufacturers see the IoT as the best solution for meeting their single biggest business need , which is to generate greater operational efficiencies , whilst striving to obtain new revenue streams from such things as the monetisation of information . In practice , 22 % of manufacturers are now either running a pilot or planning an IoT - related project , with well over a third ( 38 % ) claiming to be investigating its potential for the future .