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Industrial IoT generates real value—if businesses overcome six myths

Industrial IoT generates real value—if businesses overcome six myths

Industrial IoT (IIoT) creates real value if companies overcome six myths: it's more than dashboards; it generates new jobs, not job losses; it works with existing (brownfield) sites, not just new ones; full readiness isn’t needed—starting early matters; it drives continuous improvement at lower costs; and it’s feasible even in emerging economies. Success requires business-led strategies, cross-functional collaboration, upskilling, and scalable digital architectures. Companies that act now gain productivity, resilience, and competitiveness, turning IIoT into a strategic advantage.

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