Intel saves $9 million in factory IoT
The Internet of Things is billed as an almost magical realm of possibilities where everything from thermostats to cars will be online.
Industrial applications are a key proving ground. Combined with big data analytics, plants full of smart things could generate billions of U.S. dollars in cost savings.
But manufacturers will have to see convincing evidence that IoT will benefit them before they sign on to the concept, according to Intel, which makes chips for IoT gateways.
“We’ll have to provide proof points for a period of time to demonstrate the value and effectiveness of the capabilities,” Intel Asia-Pacific sales director Philip Cronin said in an interview Tuesday in Tokyo.
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