IoT in Bangladesh
The Internet of Things (IoT) industry is the next wave of internet technologies. IoT will fundamentally change how business and manufacturing will be done worldwide. It’s continues to spread across the home and the enterprise, it’s changing how we live and work every day. IoT adoption reached some 43 percent of enterprises worldwide by the end of 2016.iot in Bangladesh -1
Total investment between 2015 and 2020 will be $6 trillion among both consumer and industrial IoT markets, with industrial IoT leading the growth.
Our Focus Areas:
IoT is evolutionary. It emerges out of a history of using networked automation systems in industries such as manufacturing and transportation. The idea of monitoring and optimizing use of physical assets extends to all industries.
IoT’s manufacturing investments fall into two categories: Inward facing (those concerned with optimizing systems and saving costs), and outward facing (those that make improvements in customer usage).
In terms of internal investments, manufacturers are using IoT to optimize their processes, monitor equipment, and do preventative and predictive maintenance on that equipment. Manufacturing operations was the IoT use case that saw the largest investment in 2016 across all industries, at $102.5 billion...........