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China's Gamble on Industrial IoT

Mar. 21, 2017, Mar. 21, 2017 – SHENZHEN -- China is betting big on the Industrial Internet of Things (IIoT).

The Chinese government projects the country's Industrial Internet of Things to grow to 450 billion RMB (about $65 billion) by 2020 - occupying roughly one quarter of China's whole IoT market. The IIoT segment in China has maintained a growth rate of more than 25 percent.

At present, Chinese enterprises whose status can be described as Industrial 3.0 know they need a lot of improvements, especially in cost control, production efficiency and process management.Click here to read more ...

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