How IoT Plus Data Analytics Equals Smart Manufacturing Accelerate Digital Transformation in ManufacturingThe manufacturing sector is no stranger to change. Over the course of three industrial revolutions, companies have relied on everything from water and steam to electricity and information technology to power their operations, provide services and make products. But the evolution taking place with Industry 4.0, which McKinsey & Company defines as “a new wave of technological changes that will trigger a paradigm shift in manufacturing,” may be the most significant change of all. The catalyst for this shift, in which “smart factories” can respond in real time to quality issues, equipment outages and other production challenges, is the combination of several interrelated technol

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